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povertyworld

443 karma · joined February 26, 2018

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povertyworld··on Google’s Shadow Work Force: Temps Who Outnumber Full-Time Employees
Google's notorious whiteboard hazing gives off a toxic smell. I'm sure it only gets stronger once you're in.
povertyworld··on Some business schools are shutting down their on-campus MBA programs
Is it possible some corporations just have MBA requirements for advancement? Then it doesn't matter where you got the degree from just that you have it. I know this is the case in education, and has lead to the proliferation of online education grad degrees. Since you just need the piece of paper, most careerists optimize for the easiest online "mail order" type degree possible. They don't, however, optimize for cheapest, since tax payers bankroll most of these cheesy degrees through tuition reimbursement.
povertyworld··on Higher Social Classes Have an Exaggerated Belief That They Are More Capable
I find this the worst insult of being poor: to be assumed stupid.

But I mean, hey, if they did better on a flashcard game, then an unequal caste system is justified after all!

povertyworld··on Founder Books
If you're interested in the business aspects of the hip-hop industry, check out The Big Payback by Dan Charnas. If you grew up with hip-hop, it can be interesting to have the entrepreneurial backstory of this stuff unveiled. Can be both inspiring and disillusioning, but engaging either way.
povertyworld··on Founder Books
I didn't see any sales books. Are there any good sales books? Especially on details like how to generate leads? Every sales book is like "go into the office during your key hours for selling and start making calls, then when you're talking to a prospect do x,y,z". Yeah, great, where do I get this list of prospects to call? Some books have said to look at publicly available personnel lists for places you want to sell to and then start cold calling, determine who the decision maker is for the organization from there, and then get to that person. Really? Maybe, I guess. Others wave this away by saying some other person will generate qualified leads through advertising or something. OK, what if I don't have some other guy to do that? How do I do that? Any books that make this a little less magical?
povertyworld··on Founder Books
To be fair, it says these are books that helped or influenced the careers of the founders not everything they read. If they like to read Thomas Mann in their downtime, that's nice, but maybe not related to being a founder.
povertyworld··on Nearly 25% of Americans are going into debt to pay for necessities like food
Shared kitchen and bathroom. It's not ideal, but it's also not worth paying twice as much in rent for exclusive use of those two rooms that I only need for an hour a day or less.
povertyworld··on Dividends and Buybacks Now Larger Than Total Reported Earnings for Entire S&P500
Softbank going all in on ARM at this late stage of the game seemed a little on the goofy side. I didn't know they were into real estate. Isn't it kind of a bad idea to buy real estate, but not be structured like a REIT since you'd lose tax advantages? Then again, I don't know how it works in Japan. I just know I've been suspicious of Softbank ever since they put a ton of money into Yahoo, and I haven't seen any evidence countering this admitted bias.
povertyworld··on Nearly 25% of Americans are going into debt to pay for necessities like food
Roommates. No car. No kids.
povertyworld··on Nearly 25% of Americans are going into debt to pay for necessities like food
I make less than 20k a year. Somehow I am able to eat healthy food while living in one of the more expensive metro areas. I have no debt, and even have a little extra at the end of the year to speculate with sometimes. Luck I suppose. It would still be cool to have a full time job, but we can't all have those, apparently.
povertyworld··on Dividends and Buybacks Now Larger Than Total Reported Earnings for Entire S&P500
I don't have a problem with buybacks either. There was a time when Buffet argued to people that holding cash was worth some multiple greater than returning the cash, and he was probably right. I'm just saying that is more indicative of a "warped economy" than a business actually returning money.
povertyworld··on Dividends and Buybacks Now Larger Than Total Reported Earnings for Entire S&P500
Yeah, it was so less goofy they had to unload it on Softbank, the goofy investment kings.
povertyworld··on Dividends and Buybacks Now Larger Than Total Reported Earnings for Entire S&P500
Right. Wouldn't it be great if Google would start paying a dividend instead of throwing away money on goofy acquisitions like Boston Dynamics? How the hell is a robot dog that does flips or whatever supposed to improve their advertising business exactly? Give me a break.
povertyworld··on Dividends and Buybacks Now Larger Than Total Reported Earnings for Entire S&P500
If a company is swimming in cash, shouldn't that be going to investors in the form of dividends? This ideology of hoarding cash pushed by guys like Buffet is a sign of a warped economy.
povertyworld··on America is turning against facial-recognition software
Getting discouraging to see facial recognition and machine learning getting conflated in every article's comments.
povertyworld··on America is turning against facial-recognition software
Who decides what face unlocks your iPhone? When you buy a million dollar condo, you decide whose faces you want to unlock it. That way it's not up to some security guard to decide whether to detain your kid in the lobby because he's wearing baggy clothes and didn't style his hair in a way that the guard likes. His face either scans or it doesn't.
povertyworld··on America is turning against facial-recognition software
The problem with an "it's racist" strawman is that all the people selling this stuff have to do is frame it so NOT using it is racist. I don't think it would be hard to argue that a face scan is going to have less implicit bias than a poorly trained security guard or bored cop working overtime. So maybe it's racist to not use facial recognition, since that leaves room for human prejudice.
povertyworld··on The State of Apple's Developer Documentation
The most frustrating thing is when the docs have that "this document is no longer maintained. Please see /documentation/whatever for the latest version" but when you go the link it ends up just linked back to the place you came from. I guess that means the unmaintained stuff is still current? I don't know though because it's still all Objective-C, so I have no idea what the current best practice is supposed to look like. For a trillion dollar company it's kind of annoying that they can't hire somebody to do the docs. For MacOS dev there are basically no third party resources either. The last book is from Swift 3. It's better than nothing, but not much.
povertyworld··on Tech Jobs Lead to the Middle Class, But Not for the Masses
When I first got interested in tech it was called "being a geek". Now with the broification of tech, and the influx of people from cultures that optimize solely for income and prestige rather than passion, it seems to be forgotten that some people are just geeks and some (most) aren't.
povertyworld··on Sam Altman’s leap of faith
I like his body language. When he can't or doesn't want to answer a question he stares right into the person's eyes and nods affirmatively as if he's telling them something really certain while non-answering. I'm definitely going to start doing that.
povertyworld··on Taleb Says Fed Should Do 'Minimum Harm' [video]
Weird interview. He starts out angry that someone insulted risk takers who lose money. Then by the end of the interview he says people should just get jobs and make super conservative investments like gold and short term bonds. Waste of 20 minutes.
povertyworld··on Uber Drivers Are Contractors, Not Employees, Labor Board Says
Isn't moving the demand curve by burning capital still a matter of supply and demand?
povertyworld··on We Must Defend Science in the Face of Political Attacks
I think it depends on how you define "left-wing". Some consider the "woke capitalism" of corporate media and SV to be "left", others consider only an explicitly anti-capitalist and pro-labor stance to be left.
povertyworld··on We Must Defend Science in the Face of Political Attacks
This seems like another case of the left being shortsighted like when the left cheers as bigtech purges conservatives never imagining that left voices can and will be next if they ever became a threat. In this case, they seem only focused on climate change, but they should consider that there may be other scientific facts that go counter to left narratives. I seem to remember James Damore's scandalous post riddled with citations of scientific studies. I'm sure he would agree science must be defended...
povertyworld··on Ask HN: Is freelance web development still a viable path in 2019?
Indeed. Lucky for us flint hand-axes weren't enough for our ancestors.
povertyworld··on How I Run a Company with ADHD
Edit: Off-topic, not ADHD related. Carry on.
povertyworld··on They Were Promised Coding Jobs in Appalachia
You think there aren't tons of people who do CS degrees that lack curiosity? I've helped students with their CS homework who, when I asked why they were majoring in CS when they obviously did not like it, literally said their parents picked their major. So, I'm sorry, when people on here say that getting a bachelors in CS is some indicator of "natural curiosity" aka "geekiness" I would say it is the complete opposite.

I should add I don't have a CS degree, yet I'm doing the homework for the "dedicated" "curious" "high aptitude" etc. CS grads you'll be hiring later. Ha.

povertyworld··on They Were Promised Coding Jobs in Appalachia
There was a time when it was possible to sit for the bar exam without having to pay rent to a law school, but naturally the law schools lobbied to change this.
povertyworld··on New Taxes and Higher Density Aren't Fixing Vancouver's Housing Problem
It's only for retail space. Actually, I just went looking for a source explaining exactly how this works, and it seems to have been a little overblown. I think it might have been stories like this that are bit light on details that got this idea started:

https://www.amny.com/opinion/the-sad-story-behind-nyc-vacant...

But the only specifics I could find is that there is a tax on commercial retail rent in NYC on $250,000 a year or more rent, and now the rent has been pushed up so high that everyone is paying it, but ultimately landlords are just holding out for long term leases with big national brands, and many of them already have all the Manhattan locations they need. Apparently, there is a push to raise it to $500,000, or even put in a tax on empty retail to give landlords an incentive to take a chance renting on boutique or so-called "popup" stores.

https://cityandstateny.com/articles/opinion/commentary/reduc...

povertyworld··on New Taxes and Higher Density Aren't Fixing Vancouver's Housing Problem
Maybe there is a tax incentive to leave it empty? For a while people in Manhattan were puzzled by empty store fronts in popular neighborhoods. Then it hit the news that if you crank the rent up sky high on retail space so that no one can afford it because there can only be so many Gucci stores in Manhattan, the lost rent (that no one could have actually afforded) can be used as a tax deduction.
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