64 karma · joined June 25, 2024
AEC software providers all do this. ProjectWise is worse than owning or renting a plain file server in every way I can imagine, yet every consultant in transportation dutifully cuts Bentley a five-figure check or larger every year so they can hold your project files hostage and pretend to develop software.
I pray for a merciful asteroid to end it all.
It’s a great exercise in personal growth for coping skills.
I wouldn’t jump to the conclusion that the consulting engineer was incompetent. Sometimes a bureaucrat tells you to sharpen your pencils and come back with the answer That fits the budget they have if you want to keep your professional services contract going.
There are benefits to in office work. I don’t consider them valuable enough to offset the cost of 10hrs of uncompensated time every week or doubling my mortgage cost. I hope tax codes will incentivize allowing remote work options given the reduced burden to transportation infrastructure.
I think the Middle East gave us a very clear example of how state actors may target channels in unexpected ways.
I suppose the best you can do is just use the commute cost in your calculations of what your compensation is worth. I made a lateral move to a company that offers hybrid work. The irony is the company I came from was all in office, but I worked exclusively with people outside of my office so I would drive to work just to interact with people on MSTeams.
A plausible scenario might be an FBI agent paying a confidential informant without creating an unexplained income stream. The FBI and friends disclosed spending around $0.5B on informants. The truth could be more. We don’t know what other agencies around the world spend. I imagine they aren’t putting cash in brown bags under park benches.
I’d think this is going to help producers upgrade or replace some existing equipment. Probably a good thing. $5.5M more than the market had, right?
I do wonder if there is some low hanging fruit on more efficiently connecting different stages of food production. Like a traveling salesman problem with getting food producers to packing.
What gets me most is that rank and file employees in the ESOP almost never have directly exercisable rights as shareholders to vote or have any say in the business. You don’t get to say no to a merger. You don’t get to fire the CEO when his big idea is a flop. The ESOP vote is wrapped up in a trust or some abstraction controlled by an advisor or a board probably appointed by the real board of the company. Ultimately the executive staff and hand-picked insiders will have all the real authority of ownership. Employee stock thus is not much more than a complex pension program for almost everyone. Regular employees will not be real owners in any meaningful sense unless they get into the small trust network of existing owners.
If you’re an early arrival to an ESOP with good growth potential, you will do way better than someone with a little 401K match. They also get great tax breaks. Overall they’re good for employees, but the messaging is usually misleading.