pascalxus

I assume this means that employee compensation is nearly half what was before, since almost half of the comp is just stock, right?

With the astronomical COL over there, those employees in palo alto are probably gonna be hurting really bad next year and beyond.

This will force you to log into every single web site that has commenting. So much for privacy. Privacy will go out the window. Discussion and commenting will go out the window. This bill is deeply undemocratic and very much against a free and open society.

I hope your comment was just being sarcastic.

you don't have to do anything unless someone is holding a gun to your head. Is someone holding a gun to your head? well then they're not your friend and you should unfriend them. i go on facebook maybe once per month or 3 or 4 times per year. not a single friend has complained about that.

just to throw out ideas: What if he decided to charge for each search?, say 1 cent or so. Users could purchase them in bulk, say 100 searches for a 1$.

The world is getting more and more desperate for a better search engine. the day may come, when people are willing to pay for better results.

Hacker news commentations are usually more interesting and insightful than you're average article on the internet that garners enough SEO to be posted here. So, let's not pretend otherwise. Many of us, just read the comments here and only read the article if it has earned our attention.

Bitcoin is a store of value, like gold. Not a currency.

Yes, it's very volatile and no, just like gold, it doesn't protect you from inflation in the short run. but, it does protect from inflation in the long run. It doesn't have the adoption of gold yet, that's why there's more risk, but also more upside too.

yeah, it's pretty messed up that there's such extremely heavy penalties for merely playing a youtube video on a few screens whereas looting and stealing go completely unpunished. what kind of message is that sending to our youth?

The article implies a lot of risk for having so much personal data circulating around without our control. but the article, and many others like it fail to show how all that risk can adversely affect us.

I mean, so what if my neighbor gets a different ad than I did? maybe he's into red shirts and I like blue shirts. so what if he got a cheaper plane ticket advertisement? I'm not going to buy a ticket unless it's cheap enough to do so. so what if i didn't get an advertisment for a college degree, it's not going to impact whether or not I'm going back to school, etc. so what if an ad uses emotional language specifically targetted towards my political demographic, it's not going to make a difference to me after I investigate the matter objectively.

And yet, with all this information about me, they still struggle to come up with even the slightest big of relevant advertising. 99.9% of the products I see advertised to me are either completely irrelevant to me or products I down right hate: and I never buy them. If they do have all the information the article claims, it just doesn't seem like they're able to use it in an effective manner. So what's the harm?

the key here, is, just don't buy products you don't want or don't need. as long as you do that, you'll be fine. I have yet to meet a single Ad that forced me to buy a product I didn't really want or need. And, just don't let the ads manipulate you.

the point of work is to provide value to someone, in exchange they give you cash. That someone, can be anyone in the world or any people except for one person, and that's you (the worker). the point of work is providing value to someone else, not entertainment to yourself: that's called play.

I think it's great that we have a balance between work and play or maybe even have a life of just play and work on whatever fun stuff you want. You don't need an employer for that. Just know the difference. If you're going to have fun programming and entertain yourself, just do it on your own.

Employers need people to do boring work: maintaining existing legacy systems, fixing bugs, doing the last 20% (which takes 80% of the effort), to get things working perfectly for as many customers as possible.

i mostly invest in inflation protected assets. there's really only 4 categories of investments: equities (stocks), fixed income (bonds), real estate and commodities. And, one of those categories (bonds) has been eliminated by the governments and feds of the world. So, that only leaves: equities, real estate and commodities (gold and bitcoin).

that may be so but most people can't have a 30 year commitment so they buy ETFs. And ETFs need a buyer for that bond to have value. if those buyers don't exist then the bond could be worth a lot less than 1000$. this is what the author was talking about with the comparison to run on the banks for bonds.

What i find particularly scary is the run on the banks scenario the author outlines. this really smashes the idea that bonds are the safe thing to get your money back.

I know a lot of bonds have been selling, that's why the fed needs to buy so much every month, to make up for all that selling people are doing. Personally, i'm surprised even more people haven't been selling bonds.

With the threat of inflation looming so large, and the enormous money supply that has increased in the last year. All those country's debt problems for which the only solution is inflation: it's the only thing that's politically feasible.

I'm a totally risk averse investor and as such, I avoid cash and bonds like the plague with the exception of a modest emergency cash reserves.

Of course this is all linked to the rise of all the other assets classes. when the 100 trillion dollar bond markets sell off, all that money has to go somewhere: equities, real estate, gold and now bitcoin.

bitcoin isn't just for speculators. It's also for longer term buy and hold investors. there's a very real demand for investments that will hold their value against inflation. can you name a single asset class that will do that, other than equities or gold? real estate is out of the question because the overhead of buying and selling it is to expensive, not to mention it's so hard to execute that you'd loose your shirt if you dont know what your doing.

is it so hard to understand? the material wealth of the developed world has dropped by quite a large amount (at least for shelter, medical insurance, education). Don't trust those GDP per capita figures (even adjusted for PPP), they don't tell you the true story because inflation isn't being counted correctly and the basket of goods used is questionable at best. there's a lot of subsitutions going on in those figures that understate inflation.

On an interview with an older guy from the 50s, he was explaining how a painter could have support a family and 6 kids and a house, all on a single income. Try doing that today. These days, it would be hard for a painter to just support himself, much less a wife, a house and six kids.

In the US, in blue states, millenials are now spending upwards of 40 to 50% of their incomes just on shelter.

In the bay area, it's not uncommon for couples in the highest income brackets to rent out rooms in their townhouse (notice i said townhouse) to make ends meat ( at least for those who bought recently). and that's just the top 2-3%. you can imagine how everyone else lives.

We need to get away from using GDP per capita as a measure of wealth and instead use number of hours worked to earn necessities (shelter, food, water, transportation, education and medical).

will a fridge filter, filter this stuff out?

I've been drinking tap water from the fridge filter for a looong time now, so getting worried...

this is a great idea, and I hope they adopt it. i think this was not possible before coronavirus because no one knew it could be done. but now we have proof that it works.

>>> Apple CEO Tim Cook said Monday at a conference hosted by the Atlantic that the “vast majority” of workers wanted to return.

Somehow i doubt this. I think, it's his own wish not those of his workers.

it's not the invisible hand's fault when that hand is tied behind it's back. there's so many politicians that have been creating legislation that prevents new entrants from coming into the market with regulatory capture. that's not a free market.

Where are you located? I've worked for over half a dozen software companies in the bay area and we never had problems finding highly qualified candidates.

I was part of the hiring process durring a period of rapid growth. I noticed that difficulties in hiring had more to do with our own ineptitude in hiring people rather than short comings of the candidates. Simply put: engineers suck at interviewing other engineers. Often times, engineers would ask unreasonable questions or questions that had nothing to do with the job, etc. And it's not just engineers, even engineering managers and engineering leads often don't know what they're doing in interviewing until they get some experience with it. And even then, some of them insist on passing on highly talented people just so they can build up their own ego.

My advice to any company who thinks there's a "skills gap" is take a look at those so called skills and make sure you're asking the right questions. For each tech question you ask, first ask yourself whether that skill/knowledge is used on the job, if so it's a fair question. It's amazing to me how many times engineers will pass on candidates who have over 5-10 years of experience doing essentially the job for which their applying for, just because they don't remember some esoteric thing like linked lists which has little to do with modern software engineering, etc.

i totally agree. I haven't seen a single apartment complex with a community compost area, even here in supposedly green california.

It should be a standard thing that's everywhere, like parks. and whoever's stopping by can vaulunteer to do the turning, once in a while or there can be a sign up sheet.

Gardeners like myself would kill to get a good compost for our gardens.

I totally agree. Personally, I'd like to grow as much food as I can in my own backyard and supplement it with grocery stores for things I can't produce myself.

I've been using NewRelic for a while now, and it's a great product. But, I don't see many moats around the business model. There's nothing preventing other competitors from popping up and taking market share. The cost of switching is equivalent to the cost of installing a competitor's system of perf measurement which shouldn't be very high. If I were to guess, I'd say this is a competitive market.

It's not so bad. I'd gladdly take a 33% pay cut to save over a million dollars on a house. Plus many of your other COL will be half too. Plus, you'll pay less in taxes too. Earning a decent income in a high COL area can be quite punitive.

concerning point #5, the voting public is beyond greedy. they'll sue the sh out of any builder that wants to build anything, and there's soo many zoning laws and so many restrictions and taxes. At the end of the day, people who don't have houses yet end up paying for all this.

I think Remote work is by far the best option. If you can live in a lower cost city like Houston, TX or Chicago, it's a great way to go. Places like CA are so far beyond repair, there's no more hope, at all.

So far it seems this has not yet affected housing sales much more than the typical seasonal: https://www.movoto.com/san-francisco-ca/market-trends/

Look at the 5 year chart. it basically shows inventories are still roughly the same place they were at this time the last 5 years.

I find it scary that so many companies are asserting their political will so aggressively. I don't think this will end well.

You can't blame teachers if the students don't do well on standardized tests. If you want to know why students don't do well on these tests, just spend a week or two substituting for teachers (or go there as a student) in one of those inner city schools. I guarantee, you'll have an epiphany and you'll see why they don't score well. It doesn't have anything to do with teaching, the problem is cultural.

Why is everyone so convinced that we're getting "low quality education"? I've grown up here and went to "bad schools" and "good schools" and I have not seen any quality problem in education other than what subject matters are being taught and not taught.

Why are people so quick to always blame teachers? What makes you think throwing even more money at the problem will make things better?

Growing up in a poor area, I went to some of the "worst" schools you can imagine (one even had to get shut down) and I had one of the most inspiring history teachers there, that I still remember to this day. And all the other teachers were great too. It's not the fault of the teachers when students are too busy pencil fighting and throwing basketballs at the teacher's head, rather than studying.

What on earth do you mean with "low quality education"? I certainly didn't see that in the worse schools I went to. I think people misunderstand term "bad schools" and take it literally to mean that the schools are bad. this is completely incorrect. When people say "bad schools" it means the students who went to the school performed bad on standardized tests. It's not a reflection of teachers, or schools or funding. I went to such schools and still did just fine, so did many others.

A google job is like the top 1-3%. The vast majority of people don't make anywhere near that much.

second, it's not about hatred for immigrants. It's just about jobs and housing. And, there's simply not enough of those to go around.

I mean, sure we could have more immigrants. But, make no mistake, it will reduce the amount high end jobs available and reduce the housing supply even more.

And, actually, most blue states are very welcoming to new immigrants which is especially ironic since they're the ones that don't want to support the housing growth needed to house an increase in population.