So, I am 3 decades away (if I'm lucky) but I've seen a number of relatively senior level tech people orchestrate retirement with a variety of approaches and just as many different outcomes.
If they don't already know it's coming they're complete idiots, if they haven't realized they are going to need to replace you either they are idiots or you're not terribly valuable moving forward; and if they haven't already approached you, you don't owe them more than 2 weeks notice.
Keep the bridges intact though. My grandpa's comfortable retirement is funded more by the short-term consulting he does than the 40 years of retirement savings he built.
Isn't one of the key defining features of a bubble when a large number of relatively uniformed people decide to participate based on credit and margin? Tulips, the Great Crash, Great Recession, Internet Stocks, Great Recession...
When it's typically costing you more than $10k/yr, the 'intrinsic value' of a degree has very real cost/benefit concerns for most people. I'd love to pursue an advanced degree in something genuinely interesting, but it is prohibitively expensive for me to do so. So I will finish the MBA slog, and get paid more in my next job, and use my free time to pursue something more rewarding outside of academia.
So, uh, how much time did *you* spend in the WinMo6 ecosystem a decade ago? Because in ~'08, Android (aka the TMobile G1) was a kooky developer toy without any real mainstream acceptance, iPhones had horrifying teething issues in enterprise, and if you wanted to do actual, grown-up business, you either used a Blackberry because you were technologically illiterate, or you used WinMo because ActiveSync.
RIP Touch Pro/2, and the granddaddy of you all, the HTC PocketPC!
"VR needs 90+" - Sure, and my 3D TV needed a new HDMI spec when it was bleeding edge. Of course, I haven't turned on 3D in a few years, because outside of a few fun demos, it just wasn't justifiable.
I finally pulled the trigger on a Ryzen system, because my Phenom II Black platform was starting to have driver issues finally. I didn't really have any major issues doing whatever I wanted to throw at it in 2K, but I don't spend my nights juicing a few FPS out of benchmarks anymore. The biggest gains for years have still been buying a new GPU whenever a major architecture delta is introduced. I've yet to see significant *practical* gaming 'workflows' that justify Intel significantly more than AMD, it's allllll e-peen. And don't get me wrong, the world of $1k desktop gaming processors is pretty exclusively an e-peen sector to begin with, so yeah, 'AMD SUXORZ FOR GAMING TEH LULZ.'
For the same reason that carriers don't upgrade infrastructure unless it literally crashes, why companies like HP got rid of expensive engineers, and why small oil companies don't dig lots of exploration bores. You don't need 'real' growth if quarterly profits look good on paper because you are slashing costs, and everyone at the top of the pile is going to be gone in 3 years when the old wells run dry.
There's a very popular, relatively new voiceprinting application that's managed to get inside at least 3 of the largest banks in the US. It's pretty neat, it analyzes known fraud calls and then flags calls based on the print (it also adds in some other neat carrier metadata for better accuracy and speed.) All real time, so if the system tags a call above a certainty threshold, it can do anything from notify the agent (almost no one does this, for obvious reasons) to transfer the call to a specialist to hang it up entirely. It's interesting to hear that there are practical health and safety implications for the tech, but everyone should be aware that this is getting to be commodity-level service in call centers, and they're already asking if it can do things other than just fraud. Banks have it because they save millions of dollars (mostly on overseas account fraud, which is unrecoverable) but it's getting cheaper.
'I'm just asking questions' - The most useless people involved in a conversation. Typically they just want to hear the sound of their own voice, and they are incapable of thinking before opening said mouths. Article affirms it.
I've spent the last half-decade deep in the bowels of a product that is the result of an Israeli code from the early 00's being supported and maintained largely by Ukrainians for the latter half of it's lifetime. So, personal experience here.
It's almost impossible to work with Israeli companies when it comes to actual production stuff. There's such a massive difference when it comes to their logic. They assume they are *always* right. And I have yet to see Israeli code that has error correction built into it anywhere - why would the code fail, it worked when we wrote it? Israeli start-up Environments combines the worst parts SV mentality with a national culture that is difficult to work with at the best of times - better hope you don't have a production outage on Friday!
My Israeli coworkers are mostly great people, and we've had a lot of fun, and I respect them quite a bit. But give me one of the non-Israeli guys any day of the week if something is broken and needs to be fixed correctly, and not just patched until it breaks again. Start-ups are great for starting up, but when your 20 year old company is still running in start-up mode, no thank you.
Its like critics go out of their way to dislike anything that isn't an indie-film documentary - RT currently has Captain Underpants and Guardians 2 at 80%+. If either of those is a documentary, I would rather live in their world than ours.
I know a number of Canadians who have been bitching about recent travel to the US for this very reason. They got awfully excited aboot the USD/CAD rate ~5 years ago, and just got used to paying 'less' for things here. What seems to be aggravating it even more this time is they are seeing an increase in foreign property ownership because of the slide, so cost of living is rising at the same time.
Speak for yourself. I don't want the barely-articulate fuckwits who ask me computer questions like it's still 1998 to get anywhere near a Linux distro. I don't know why OSS Zealots cling to this idea that getting people who don't know how to use a computer on Linux will solve their incompetence. Win10 is fucking fantastic, because it's the most durable Windows in years when someone installs CCleaner and wrecks their registry, it comes with a perfectly adequate AV solution that I can enable and lock, and when they have a question they can click 3 buttons and get remote assistance naively.
End user privacy does not matter for the average individual. These are people who openly geotag live videos of their life on social media. It's downright fascinating that you seem to think people should be upset that Win is sending info back home when digital assistants are the hottest product on the market today. Fuck, nobody in the mainstream even cares about the ISP Data Selling debacle from less than a month ago anymore.
We clearly have different interpretations of that particular platitude. Mossberg has been an 'old man yells at cloud' columnist for years, and his clear bias when it comes to particular vendors *ahem, AAPL* means that he's had as much relevance for the last decade as the Dead-tree pulp he made his nut writing for.
I'm not saying that the New Media replacements are an upgrade, but Mossberg was a relic from the last century who stayed visible by pandering to his tell-me-what-to-think demo.
It's frightening that we've gone from ReiserRS to this in less than a decade. Like, people still used the code of someone in prison for murder, but now what this guy does in his *VERY* private life means he is unqualified to continue contributing?
WTF are you even talking about? New car dealers have agreements on inventory cost with manufacturers (or those mfgr's intermediaries), and make profit based on the difference between the floor cost and the sale price (if they do their own financing) or the price of the loan sold to a 3rd party. It's an incredibly convoluted system that involves insurance on floor inventory, cash incentives to the dealer to move product, and upsells (think undercoating, but more modern wording.) If the dealer also moves preowned product, there are even more variations based on CPO agreements, acquisition cost (trade in vs auction vs inventory swapping with other dealers.)
Sure, the parts and service department represents a different revenue stream, but if you think that the dealer expects to see any revenue in parts 3 years after someone buys a car new, you are insane. It's an almost entirely different revenue stream, it just may happen to be housed in the same building.
Job hopping for better pay is a result of the system working against people who stay in the same role for 2+ years, not a function of the bubble itself. The bubble just makes it easier, because companies are more aggressive with acquisition than with retention. When the bubble pops, the excess funding is shut off, and if you're lucky, you stick wherever you land until it heats up again. Right now, it's super dangerous to potentially end up stuck in a former-unicorn that is on a downward swing.
What's more interesting is the long-term compensation of the people that are leaving. If we're talking rank-and-file salaried types, then it could be trying to avoid the short-term stigma (think HP post-Fiorina days.) If they stand to make reasonable $$$ in the near future from options, but are still jumping ship for better cash upfront (or in some cases even taking a slight loss) it's a pretty strong sign that the ship is already filling with water and going down, and the alarm bells haven't rung yet to get everyone else off.
Not only are headphones more personal, but the fundamental purpose of them is output to our squishy, meaty, non-digital bodies.That's really the biggest part of the argument that's getting missed; the core function of headphones is to turn electrical impulses into analog sound. Sure, you can get into a debate about where you want to stick the DAC, but in the end you are going to end up with a nice, curvy waveform to interface with the membrane in your ear.
Are you listening on a legit Hi-Fi rig? Speakers (or preferably Phones) set up, broken in, correctly tuned, on actual good amps? If you are, great, you may see a TINY benefit from a lossless streaming service. Anything short of that, and you are already mutilating the signal worse than any dropped samples.
Lossless is great for storage to preserve fidelity, but it's just overload for actual casting. You want the source of your transcode to be lossless, but the actual output can be 'good enough' for the use-case.
'very manufactured, very simple, very made-for-money and very forgettable'
'Where are today's U2, Metallica, Pearl Jam and other great bands?'
Your 'kids these days' is showing, and that's before your stereotypically boomer/gen-x crack about The Chainsmokers. Metallica was one of the most commercialized acts of the end of the 90's, and U2 might as well be a Brand with a theme song. Both groups notoriously over-produced albums to appeal to consumer tastes to the point where Metallica was a joke in the hi-fi industry - remember the Death Magnetic mastering debacle?
We could talk about 'genuine artists' like, oh, I don't know, Frank Ocean, Kendrick Lamar, Reggie Watts, Trent Reznor, and even people like Gaga (and that's just the 'mainstream' ones...) but your entire rant reads like a typical 'old' complaining that stuff these days isn't as good as stuff back in the day. This isn't even worth getting into a discussion about the commercialization of art and conformity of taste, or the evolution of music post 1980 - your foundational argument is just too basic. Why don't you just crack out your Cassettes and Vinyl and slurp down your applesauce?
Why is it patently impossible for anyone saying something positive about Trump (or even trying to turn the negative narrative around) to make a statement without falling on cognitive dissonance, denial, or just plain old-fashioned bullshit? This isn't even a Bush/Gore moment - Trump lost the majority vote and won the EC. The only debate about it is coming from him!
'Uh, hey guys? Remember when we were a tech company, and not a branded-lifestyle accessory designer? We might want to go back to doing that thing again, since our pipeline is shit.'
It's probably a net good for the world. The sooner these leeches are cut off, the better for literally everyone involved in the equation other than themselves.
"Only a Millennial ignorant of history would think that."
Ask your average GenX about why the Savings and Loan crisis kneecapped normal growth, or your average Boomer why economic policy in the 70s was so destructive to domestic production, and I'm willing to bet you will get less of a response than asking an 'Ignorant Milennial' about what happened 9 years ago,, since they just lived/ are living through it. The people who turned the wheels that caused the fuck-ups don't like talking about why it broke, and because the average citizen's memory resembles a goldfish and we like confirmation bias, we put the same idiots at the wheel over and over.
The biggest issue isn't the fantastic 'rate' itself, it's that the rate doesn't matter to an overwhelming number of people because they don't have the income required to responsibly pursue ownership. So if you have capital, the market is great (look at all these fucking flipper shows on HGTV...) but if you don't, you get squeezed under rents dictated by that market. I have friends who would be WAY better off if they could lock in cost of living with a mortgage (in many cases below 'market' rent,) but even eating ramen and killing their phone plans wouldn't make a minimum downpayment happen in a year.
Holyeee Shiiittt, you're goint to admit to being a trader? I feel bad for your inbox, the haterade is going to be swift and strong.
Having said that, HFT may provide you with the 'liquidity' to move trades personally, but the automation has the arbitrary consequence of grossly magnifying fuckups, and unless everyone cooperates and plays by the same rules, it creates the opportunity for Dark markets to flourish. As an Engineer, I the premise of HFT is great. But the sociologist in me is obliged to point out it creates an incredibly destructive opportunity within a Prisoner's dilemma.
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If they don't already know it's coming they're complete idiots, if they haven't realized they are going to need to replace you either they are idiots or you're not terribly valuable moving forward; and if they haven't already approached you, you don't owe them more than 2 weeks notice.
Keep the bridges intact though. My grandpa's comfortable retirement is funded more by the short-term consulting he does than the 40 years of retirement savings he built.
Isn't one of the key defining features of a bubble when a large number of relatively uniformed people decide to participate based on credit and margin? Tulips, the Great Crash, Great Recession, Internet Stocks, Great Recession...
When it's typically costing you more than $10k/yr, the 'intrinsic value' of a degree has very real cost/benefit concerns for most people. I'd love to pursue an advanced degree in something genuinely interesting, but it is prohibitively expensive for me to do so. So I will finish the MBA slog, and get paid more in my next job, and use my free time to pursue something more rewarding outside of academia.
So, uh, how much time did *you* spend in the WinMo6 ecosystem a decade ago? Because in ~'08, Android (aka the TMobile G1) was a kooky developer toy without any real mainstream acceptance, iPhones had horrifying teething issues in enterprise, and if you wanted to do actual, grown-up business, you either used a Blackberry because you were technologically illiterate, or you used WinMo because ActiveSync.
RIP Touch Pro/2, and the granddaddy of you all, the HTC PocketPC!
5-digit UID Burn!
"VR needs 90+" - Sure, and my 3D TV needed a new HDMI spec when it was bleeding edge. Of course, I haven't turned on 3D in a few years, because outside of a few fun demos, it just wasn't justifiable.
I finally pulled the trigger on a Ryzen system, because my Phenom II Black platform was starting to have driver issues finally. I didn't really have any major issues doing whatever I wanted to throw at it in 2K, but I don't spend my nights juicing a few FPS out of benchmarks anymore. The biggest gains for years have still been buying a new GPU whenever a major architecture delta is introduced. I've yet to see significant *practical* gaming 'workflows' that justify Intel significantly more than AMD, it's allllll e-peen. And don't get me wrong, the world of $1k desktop gaming processors is pretty exclusively an e-peen sector to begin with, so yeah, 'AMD SUXORZ FOR GAMING TEH LULZ.'
For the same reason that carriers don't upgrade infrastructure unless it literally crashes, why companies like HP got rid of expensive engineers, and why small oil companies don't dig lots of exploration bores. You don't need 'real' growth if quarterly profits look good on paper because you are slashing costs, and everyone at the top of the pile is going to be gone in 3 years when the old wells run dry.
There's a very popular, relatively new voiceprinting application that's managed to get inside at least 3 of the largest banks in the US. It's pretty neat, it analyzes known fraud calls and then flags calls based on the print (it also adds in some other neat carrier metadata for better accuracy and speed.) All real time, so if the system tags a call above a certainty threshold, it can do anything from notify the agent (almost no one does this, for obvious reasons) to transfer the call to a specialist to hang it up entirely. It's interesting to hear that there are practical health and safety implications for the tech, but everyone should be aware that this is getting to be commodity-level service in call centers, and they're already asking if it can do things other than just fraud. Banks have it because they save millions of dollars (mostly on overseas account fraud, which is unrecoverable) but it's getting cheaper.
'I'm just asking questions' - The most useless people involved in a conversation. Typically they just want to hear the sound of their own voice, and they are incapable of thinking before opening said mouths. Article affirms it.
I've spent the last half-decade deep in the bowels of a product that is the result of an Israeli code from the early 00's being supported and maintained largely by Ukrainians for the latter half of it's lifetime. So, personal experience here.
It's almost impossible to work with Israeli companies when it comes to actual production stuff. There's such a massive difference when it comes to their logic. They assume they are *always* right. And I have yet to see Israeli code that has error correction built into it anywhere - why would the code fail, it worked when we wrote it? Israeli start-up Environments combines the worst parts SV mentality with a national culture that is difficult to work with at the best of times - better hope you don't have a production outage on Friday!
My Israeli coworkers are mostly great people, and we've had a lot of fun, and I respect them quite a bit. But give me one of the non-Israeli guys any day of the week if something is broken and needs to be fixed correctly, and not just patched until it breaks again. Start-ups are great for starting up, but when your 20 year old company is still running in start-up mode, no thank you.
Its like critics go out of their way to dislike anything that isn't an indie-film documentary - RT currently has Captain Underpants and Guardians 2 at 80%+. If either of those is a documentary, I would rather live in their world than ours.
I know a number of Canadians who have been bitching about recent travel to the US for this very reason. They got awfully excited aboot the USD/CAD rate ~5 years ago, and just got used to paying 'less' for things here. What seems to be aggravating it even more this time is they are seeing an increase in foreign property ownership because of the slide, so cost of living is rising at the same time.
End user privacy does not matter for the average individual. These are people who openly geotag live videos of their life on social media. It's downright fascinating that you seem to think people should be upset that Win is sending info back home when digital assistants are the hottest product on the market today. Fuck, nobody in the mainstream even cares about the ISP Data Selling debacle from less than a month ago anymore.
We clearly have different interpretations of that particular platitude. Mossberg has been an 'old man yells at cloud' columnist for years, and his clear bias when it comes to particular vendors *ahem, AAPL* means that he's had as much relevance for the last decade as the Dead-tree pulp he made his nut writing for. I'm not saying that the New Media replacements are an upgrade, but Mossberg was a relic from the last century who stayed visible by pandering to his tell-me-what-to-think demo.
It's frightening that we've gone from ReiserRS to this in less than a decade. Like, people still used the code of someone in prison for murder, but now what this guy does in his *VERY* private life means he is unqualified to continue contributing?
WTF are you even talking about? New car dealers have agreements on inventory cost with manufacturers (or those mfgr's intermediaries), and make profit based on the difference between the floor cost and the sale price (if they do their own financing) or the price of the loan sold to a 3rd party. It's an incredibly convoluted system that involves insurance on floor inventory, cash incentives to the dealer to move product, and upsells (think undercoating, but more modern wording.) If the dealer also moves preowned product, there are even more variations based on CPO agreements, acquisition cost (trade in vs auction vs inventory swapping with other dealers.) Sure, the parts and service department represents a different revenue stream, but if you think that the dealer expects to see any revenue in parts 3 years after someone buys a car new, you are insane. It's an almost entirely different revenue stream, it just may happen to be housed in the same building.
What's more interesting is the long-term compensation of the people that are leaving. If we're talking rank-and-file salaried types, then it could be trying to avoid the short-term stigma (think HP post-Fiorina days.) If they stand to make reasonable $$$ in the near future from options, but are still jumping ship for better cash upfront (or in some cases even taking a slight loss) it's a pretty strong sign that the ship is already filling with water and going down, and the alarm bells haven't rung yet to get everyone else off.
Not only are headphones more personal, but the fundamental purpose of them is output to our squishy, meaty, non-digital bodies.That's really the biggest part of the argument that's getting missed; the core function of headphones is to turn electrical impulses into analog sound. Sure, you can get into a debate about where you want to stick the DAC, but in the end you are going to end up with a nice, curvy waveform to interface with the membrane in your ear.
Lossless is great for storage to preserve fidelity, but it's just overload for actual casting. You want the source of your transcode to be lossless, but the actual output can be 'good enough' for the use-case.
'Where are today's U2, Metallica, Pearl Jam and other great bands?'
Your 'kids these days' is showing, and that's before your stereotypically boomer/gen-x crack about The Chainsmokers. Metallica was one of the most commercialized acts of the end of the 90's, and U2 might as well be a Brand with a theme song. Both groups notoriously over-produced albums to appeal to consumer tastes to the point where Metallica was a joke in the hi-fi industry - remember the Death Magnetic mastering debacle?
We could talk about 'genuine artists' like, oh, I don't know, Frank Ocean, Kendrick Lamar, Reggie Watts, Trent Reznor, and even people like Gaga (and that's just the 'mainstream' ones...) but your entire rant reads like a typical 'old' complaining that stuff these days isn't as good as stuff back in the day. This isn't even worth getting into a discussion about the commercialization of art and conformity of taste, or the evolution of music post 1980 - your foundational argument is just too basic. Why don't you just crack out your Cassettes and Vinyl and slurp down your applesauce?
Why is it patently impossible for anyone saying something positive about Trump (or even trying to turn the negative narrative around) to make a statement without falling on cognitive dissonance, denial, or just plain old-fashioned bullshit? This isn't even a Bush/Gore moment - Trump lost the majority vote and won the EC. The only debate about it is coming from him!
'Uh, hey guys? Remember when we were a tech company, and not a branded-lifestyle accessory designer? We might want to go back to doing that thing again, since our pipeline is shit.'
It's probably a net good for the world. The sooner these leeches are cut off, the better for literally everyone involved in the equation other than themselves.
"Only a Millennial ignorant of history would think that."
Ask your average GenX about why the Savings and Loan crisis kneecapped normal growth, or your average Boomer why economic policy in the 70s was so destructive to domestic production, and I'm willing to bet you will get less of a response than asking an 'Ignorant Milennial' about what happened 9 years ago,, since they just lived/ are living through it. The people who turned the wheels that caused the fuck-ups don't like talking about why it broke, and because the average citizen's memory resembles a goldfish and we like confirmation bias, we put the same idiots at the wheel over and over.
The biggest issue isn't the fantastic 'rate' itself, it's that the rate doesn't matter to an overwhelming number of people because they don't have the income required to responsibly pursue ownership. So if you have capital, the market is great (look at all these fucking flipper shows on HGTV...) but if you don't, you get squeezed under rents dictated by that market. I have friends who would be WAY better off if they could lock in cost of living with a mortgage (in many cases below 'market' rent,) but even eating ramen and killing their phone plans wouldn't make a minimum downpayment happen in a year.
Having said that, HFT may provide you with the 'liquidity' to move trades personally, but the automation has the arbitrary consequence of grossly magnifying fuckups, and unless everyone cooperates and plays by the same rules, it creates the opportunity for Dark markets to flourish. As an Engineer, I the premise of HFT is great. But the sociologist in me is obliged to point out it creates an incredibly destructive opportunity within a Prisoner's dilemma.