360 karma · joined June 25, 2012
The ultimate market is the world's poor.
"Introduce to the west" claims aside (see http://www.kickstarter.com/projects/466721916/the-worlds-fir...), I'm generally a supporter of being able to feed the world's population in worst case scenarios.
I believe software engineering wages will continue to rise over time, and will eventually reflect the true value the industry produces.
So don't worry, js will not take over...completely.
It's a good start, but when the window is shrunk, the result isn't as impressive.
That being said, I don't agree with the council's decision. But the cultural momentum that has carried them there is so far beyond them, and many of these comments miss that point.
I will reiterate my point. There is no point in comparing suboptimal C++ to optimized asm.
Rather than downvoting me, the author if the study ought to rerun the benchmark with optimized C++.
A wothwhile benchmark would test optimized code in all contestant languages.
Hopefully, the cost ratios haven't disproportionately increased as well.
The problem with the stock market is that it is optimizing for a different thing than most companies, and even society at large. If the minimum holding period for an asset was, say, 20 years, the subprime mortgage crash would have been much less likely. (One could make a similar argument for democratic office. But I digress.)
Shareholder value theory induces a sort of hysterical myopia, where ideas and results are evaluated in these Q2Q or Y2Y window. Growth is only evaluated within the context of the company, which creates perverse incentives wrt externalizing costs. Furthermore, if growth initiatives require no additional external funding, then the public stock market -really- makes no sense, and that is likely the case for Blizzard and Dell.
Getting away from shareholder value theory's myopia is the surest way to begin a sustainable recovery of our capital markets.
In an era where patent trolling is rampant, an exaggerated benchmark of this nature is sadly, child's play. And it certainly would not have stopped me from buying the product if I was in market.
A fresh college grad may be able to design a web product, but let us not confuse this with running a real company.
Privacy rights should not have to be enforced at the public key encryption level.
Before all the sensationalists start going wild, remember that the NSA almost got defunded very recently. That is where the real frontier of this debate should be.
At best, this episode exposes how vulnerable public key encryption is. But let's not go off the reservation.