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Bubbadoo

94 karma · joined March 25, 2019

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Bubbadoo··on Uber receives more foreign-worker visas as it lays off hundreds of employees
Actually, there is a legal requirement like that. Businesses that hire h1b visa recipients must file an LCA with the USDOL, that essentially states it has looked and cannot find an equally qualified US Citizen for the position that is seeking the visa. The original 'ruse' the H1B visa was to address was the supposed shortage of qualified engineers in technical professions. The only shortage that ever existed was of low-paid professionals. One simply has to look on one of the online job boards to see how the system is gamed. Many positions require quite a mix of programming languages, frameworks and knowledge up and down the stack.
Bubbadoo··on Ask HN: What's a promising area to work on?
Such ridiculousness in posts like these. You want to stop climate change? That effort needs to include China and India, which between the two, are good for much of climate changing exhausts. You want truly renewable energy, with high yields and limited need for resources, go nuclear. Oh that's right, our climate zealots, who would have you punished for using your internal combustion engine auto, are afraid of nuclear, so that's off the table. Is climate change real? Yes. But stop with the sensational Green New Deals and the banning of air travel and such. Start with China and India.
Bubbadoo··on Show HN: Layoffs.at – helping people laid off find work
So far seems to be a data mining effort. I create an account and then I'm whisked away to a form that want's my information to build a profile. At this point, I have no idea what the service will specifically do for me, other than compile my information.
Bubbadoo··on Mark Hurd Has Died
At a certain point, at the very highest levels of 'work', work becomes more of a game when you don't need to worry about making the mortgage payment or the kids' college tuition bill. This is very true for CEOs, hedgies and many types of jobs that require a high level of skill.
Bubbadoo··on Mark Hurd Has Died
Not what I hear. My sister-in-law is an RN at an assisted living facility and she's dealt with people in the very last stages of life. Sadly, many wish they actually worked less and spent more time with loved-ones and friends. Anecdotally, she also noticed that when it's someone's time to go, their feet curl up first.
Bubbadoo··on The stockmarket is now run by computers, algorithms and passive managers
I think you're missing the point. Trading and Sales used to be people intensive, in today's parlance, 'high touch.' You had people talking deals on the phone, you had transactions sent to the exchange where a floor trader did the execution, you had a trader's assistant fill out the trade ticket and submit it manually to the mid-office, where you had a person who recorded the transaction then passed it to the back office, where yet more people processed and settled the trade.

All of those people are gone. No need, we have automated much of this deal cycle. Your best example is to take a trip to your local exchange floor, which used to be littered with runners, assistants, floor traders, etc. It's eerily quiet these days, as most trades are executed by computers.

Bubbadoo··on What Happened to the West Village?
Guess you're not from NYC based on your post. So Brooklyn is the highest price real estate these days, with many apartments, brownstones and lofts renting for many 000s per month. Harlem has gone through a renaissance, with townhouses on formerly blighted blocks undergoing renovation and selling for $2-5MM. These are places that were used as crack houses in the late 80s and 90s. Word has it, new arrivals to the city are moving way up in the Bronx, but the commute is next to impossible. Suburbs are also ridiculously expensive places to rent or own. The problem, as this article states, is not yuppies wanting to live beyond their means, but an entire city full of wealthy. Yes, if you're a successful professional, you can afford something, but that pool of affordable housing is shrinking daily. I worked and lived in NYC for 30 years and I don't recognize it today.
Bubbadoo··on The rise of the financial machines
Sure there were high-touch traders, they were still employed up to and around 2017-2018. Since the early 201x's bonuses have been pared to fractions of what they were and each month, every bulge bracket bank lets some formerly well-paid traders go. Fixed income notwithstanding, it's been a tough road for those guys since 2007, have you been to the floor of a major exchange lately? It's lonely. Gone are all those seven-figure a year specialists. No, low-latency and HFT are the dominant paradigm, they are business today. Want more change? Downtown Manhattan used to be all financial. Every block had dozens of Wall St. firms, trading houses, research organizations, etc. Today, it's residential. It's lots of city, state and Federal Government offices. The legions of well-dressed yuppies rushing to get to the trading floor by 7:30 AM... they're gone. Perhaps your experience is different, but this is the reality.
Bubbadoo··on The rise of the financial machines
Actually, the problem is not of the human masters' understanding, it's the ignorance of the human master. Some models are so involved, no one knows how they'll behave under certain market conditions, as we saw in the perfect storm of 2008 with credit default swaps, CMOs and CBOs. That's the danger, no matter how smart and clever the creator believes they are.
Bubbadoo··on The rise of the financial machines
Absolutely.
Bubbadoo··on The rise of the financial machines
Having worked on an Equity Derivatives desk for a time, I can tell you much of the exchanges' trade volume--as early as 1990--was from DOT (program trading) and super-DOT executions. Monthly volume leaders included Susquehanna Partners, who did almost all of it's transactions via computer (DOT) trades. Late 90s and early 2000s saw the rise of the Swaps market where one deal could generate literally tens of thousands of transactions. It wasn't Bud Fox with a Quotron and a phone doing those executions.
Bubbadoo··on OSSU: A path to a free self-taught education in computer science
A CS degree, especially at the undergraduate level, is mostly conceptual. It takes much experience to develop the intuition necessary to solve complex problems faced on the job.
Bubbadoo··on America has two economies, and they’re diverging fast
Given much of the economic growth is in tech and tech tends to concentrate in urban centers, urban centers tend to be blue. Can this be much of a surprise? The Administration's self-promoted gains in manufacturing and mining are impaired by some of that technology. Automation has played huge roles in the very industries Trump heralded for his voter base in 2016. You no longer need an army of humans on the production floor or even in the coal mine, making those, formerly high-paying jobs, a thing of the past. This leaves an entire population of disenfranchised to whom immigrants are a major threat as is outsourcing. So these numbers and graphs should not be a surprise to anyone.
Bubbadoo··on Day Trading for a Living?
You see it on Instagram all the time... charlatans hawking 'trading systems' on equities, options, fx, etc. They're targeting people who want to 'take control of their lives.' Trading is like professional sports: once in the while a natural comes around, but for most, it's a great way to lose buckets of cash. Even for traders' with a gift, it takes about three years to develop a kind of market sense or intuition. Then there are the markets themselves: with low-latency and HFT, you're almost never in control. You can only hope your algo is close to one the other traders are using. I especially love those flim-flam artists--hawking FX futures trading as a way to financial independence--their own usually. FX markets are controlled largely by central banks who don't always let the market know what they're doing and includes some of the world's most capitalized banks. It's hard to know what to do in a market with all of these massive external forces. Most importantly, the markets have evolved over the last 15 years to a point where if you're not low-touch, you're going to lose. Having said this, last year I beat the S&P soundly. It was a good year. It did take a minimum of 60 hours a week and was a stressful roller coaster at times. This year... forget it. With one of the least stable administrations in place, the market can reverse direction multiple times in a day. You'd better be automated for that.
Bubbadoo··on Denial of H1-B visas to India’s largest IT services exporters at all-time high
Unfortunately, you have just described the stereotypical American engineer and the main reason why managers here from other countries, such as India and China, will rarely hire an American for a domestic position. I can tell you, first hand, this stereotype is not durable nor applicable. I agree, most American-born students tend to go towards the 'soft' skills, such as marketing or sales. But many people I'll also give you, Americans aren't the best at rote learning, ie., memorizing texts. I'm not going conclude by saying American-born engineers are getting maligned, only those critical points you allege as being endemic to US engineers are applicable to engineers everywhere.
Bubbadoo··on Denial of H1-B visas to India’s largest IT services exporters at all-time high
Ah yes, good 'ol SLC. Great quality of life if you like skiing and hiking. Your salary numbers are about right, top of the scale tends to be around $80-100k with the median in the high $70s. They call it 'Silicon Mountain' and despite the NSA putting their super datacenter there, a large number of small and medium sized software companies and a smattering of enterprise shops, the salary numbers don't change much there. What has changed is the price of real estate (nearly doubled over the last 15 years) and property taxes have increased in concert. Still more affordable than SV, but doesn't seem to be growing beyond it's roots.
Bubbadoo··on Apple Is Locking iPhone Batteries to Discourage Repair
Agreed, the spirit of Apple under Mr. Cook is vastly different then when his predecessor was directing--no, recreating--the company. Part of it, I realize, the innovation curve tends to flatten over time. If you can't make your numbers with innovative and powerful new ideas, at least capture the margin with vendor lock-in. For a good percentage of Apple customers, that may just be fine.
Bubbadoo··on Upgrading my home server
The Supermicro 2U I used for a home server, sounded like a jet engine on take-off out of the box. But you'll find fan settings in the bios to experiment with and as long as the server's temps can handle it, you can slow the fans to almost imperceptible levels. And this is mid-2000s technology (SS-6025 and X7DB mboard). Today, I'd be looking at some of the small form-factor servers, like the Intel NUC.
Bubbadoo··on What Were CGI Scripts?
Remember mod_perl? is it still supported? Built a large ecommerce site in 2002 using embperl+mod_perl. Unfortunately, it was time for a re-write in 2017 and a new platform had to be selected since support is virtually non-existent.
Bubbadoo··on What Were CGI Scripts?
It sounds as though the compiled binaries optimize the compute portion, which the interpreted php code was taking 10 secs to run. It's still likely running as a cgi process, that is as a fork/exec in a separate address space. If you're using mod_php or one of the many php engines available for modern web servers, you're already enjoying a scalability and execution time improvement over standard cgi. Except with compute code, apparently.
Bubbadoo··on How I Got my $3500 Camera Kit Stolen on KitSplit
I thought most equipment rental places do this. Also, clearly this is a high-fraud risk business line, why aren't there safeguards in the credit approval process? It's not hard to do these days.
Bubbadoo··on How I Got my $3500 Camera Kit Stolen on KitSplit
It all depends on who the arbitrator is. Many arbitration clauses are there because the business has relationships with arbitration organizations. If the arbitrator is an impartial third party, it will be much less costly than going to court.OTOH, $3500 is a small claims court amount and most small claims courts will honor any 'fine print' in the contract.
Bubbadoo··on Sanders proposes canceling entire $1.6T in U.S. student loan debt
Of course he could have started with some real-world solutions, such as restoring the tax-deductibility of student loan interest lost in Trump's Tax Cuts and Jobs Act. He could have gone a little further, proposing aggressive tax credits for those who are paying their loans back or perhaps government programs, where, in exchange for working in an 'at-risk' area, the government makes your loan payment. No instead, Bernie promises something he'll most likely never be able to deliver. This is almost as bad as the current guy in the White House, who screwed all of the student loan borrowers with his tax 'act.'
Bubbadoo··on I turned my interview task for Google into a startup
I did. I walked into the hiring manager's office and he barely looked up while asking me to decode the complex declaration on the white board that wrapped twice. My departing words were along the lines of: if you and your team write code like that, this is not a match. So I left.
Bubbadoo··on 737 Max: 1960s Design, 1990s Computing Power and Paper Manuals
Modern aviation is characterized by huge networks of sensors as most flight management systems are, in fact, compute driven and, since they are real time, higher compute power reduces latency. Clearly, this version of the Boeing 737 was produced with cost containment as the first priority.
Bubbadoo··on I Miss Rails
Amen to that.
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