What is the rising human cost? The only real data they presented was that sports betting is now legal in 30 states when it used to only be legal in Nevada. Gambling and other addictions have always had a societal cost.
1,140 karma · joined April 24, 2021
One of the critiques I hear about Academia these days, even in hard sciences, is that it is now significantly more dominated by the sons and daughters of elites (who don't have to take out loans and can afford unpaid research opportunities etc. etc.) So it might be on its way back to that.
I wasn't on that side of the business & it was a long time ago... If they used the same level system as the front office, I would assume you would just have considerably less MD's and the pay would be at the lower end of the range but that would still put you at or close to 7 figures.
Some desks make more of less, but why wouldn't they? MD's at Goldman used to even have a minimum salary of 500k[1] and bonus is generally a multiple of that... I'm not sure what you mean specifically by "tech" but Quant Strat, HFT etc are extremely valuable.
> Pretty sure I’m making more as a FAANGMULA company
You very well could be, big tech has been on a tear for a decade so equity compensation is ridiculous.
[1] https://archive.ph/H9eKK/again?url=https://www.wsj.com/artic...
There are some valid points, people might not be aware of but overall the YC deal still seems better than most alternatives. I think he is discounting how hard it is at that early stage, that first capital needs to come from somewhere. Also YC founders seem to be disproportionately have softer landings if they don't go supersonic Unicorn IPO. Maybe you don't stand out in the top 10 of your batch and instead get aqui-hired and only make 800k/yr.
The generational angle is probably more that the geriatric generation spends their free time watching cable "news" and its perpetual outrage machine.
You think it would stop there? In these past conversations I haven't even seen anyone on HN point to anything specific that was said in the Robert Malone episode that was so bad it needed to be pulled. It's just been an implicit you should know why this person is bad and why we all hate them.
Edit: Downvotes instead of replies with what misinformation was shared... sounds about right.
really, 7 figures a year is "getting paid fairly decently" ?
MD in IB is the equivalent of "partner" in consulting, law firms etc. But the IB companies all went public so there is no controlling "partnership". Like "partner" it's the highest rung in the hierarchy and the distinction between them comes down to what team/desk/department they run & additional executive titles.
Great justification for making 5 year-olds wear masks for 6+ hours 5 days a week in school. This makes even more sense for the 5 year old kids that have ESL or Speech Pathology needs.
Like what? From your Atlantic piece this seems to be the closest to a false claim and its pretty underwhelming. These pieces read more like I should be upset because he appears is in the same sentence as Steve Bannon or the Proud Boys than the actual content of what he has said.
"Malone may keep company with vaccine skeptics, but he insists he is not one himself. His objections to the Pfizer and Moderna shots have to do mostly with their expedited approval process and with the government’s system for tracking adverse reactions. Speaking as a doctor, he would probably recommend their use only for those at highest risk from COVID-19. Everyone else should be wary" [1]
> and speaking at antivax events.
The one linked in your second article is an Anti-Vaccine Mandate event, which is not the same thing as being anti vaccine. It's possible to appreciate the benefits of vaccines and simultaneous think the government shouldn't force everyone to take one.
1. https://www.theatlantic.com/science/archive/2021/08/robert-m...
2, Whole heartedly disagree with. Covid has specific health risk factors (Obesity, Diabetes etc) that long term people have a similar level of control over as smoking. People also have direct control over how much risk they want to take; there are vaccines, there are therapies, there are N95 Masks & no one is forcing you to go to a bar/club/sporting-event.
3. I'm not going to attribute to Covid the panic and over-reaction because of its novelty. Just like we don't attribute to the 9/11 terrorists the destabilization of the middle east and hundreds of thousands of deaths.
You should be articulate and explicit about your hiring needs to your network, and careers page etc. Add a link to your company in your profile! You are on the front page of Hackernews, but even though I'm looking for one of the roles you mentioned and wanted to know more I can't see what you're hiring for or anything about your company.
Tobacco still causes 480K+ deaths a year in the US so saying covid is worse is a very strong claim.
https://www.cdc.gov/tobacco/data_statistics/fact_sheets/heal...
The CDC says > 40% of US adults are obese (> 100 Million people!) and 13% of US adults have diabetes. If that's not a chronically sick population I don't know what is.
[1] https://www.cdc.gov/obesity/data/adult.html [2] https://www.cdc.gov/diabetes/pdfs/data/statistics/national-d...
> It looks like that's more Americans than have been killed in combat in all of the wars of the 20th century combined [1]
Like all deaths tragic, but let's not pretend young men, effectively kids, dying in war is the same as elderly & chronically sick populations dying of disease.
> This sums up the issue. Most people could get decent sleep if they wanted to or even made a basic effort
Agreed.
> but their current poor-sleep compromise isn’t bad enough to make them want to give anything up. Or they don’t understand what they’re losing because it has been so long since they tried a reasonable sleep schedule.
I think that just like with Diet or Exercise with sleep the feedback loops are longer/delayed and that stops people from engaging in overwhelmingly healthy behavior - because the habit is harder to form.