While I tend to agree, it is too early to anticipate the impact. People on subsistence living tend not to be big consumers, so there is a point at which eliminating too significant a portion of the jobs leads to a downward spiral. The same holds true for government; controlling unrest can become an issue if nobody has productive work to do.
Logically, what would happen to our society if the "top 1%" in any field increased 10- or 50-fold? Would employers still still hire the people that were in the 80th percentile? I think a shorter work week might be an effective first step and help humanity, but it is hard to make work without an abundance of qualified people.
Hell, if you want to be vengeful, you don't do it from a computer, you do it from a IoT device on the network. You can even make it a canary to take action when your account is disabled or something. But for gods' sake, do it in parts over a longer period of time... and give yourself a way to clear your mind and stop it!!
It is scary just how hard it can be to detect a rogue employee trying to sabotage you. There are only a few things you can actually do to limit impact to a reasonable level.
My (professional) engineering role only uses information from ~20% of my ~200 credit-hour curriculum, and just 6 specific credits would make most people reasonably capable at an entry level position. As we (sadly) move more to process-based engineering rather than relying on intelligent candidates, this becomes even more true.
As for salary stagnation specifically, the cause is really the broader economy. Margins are shrinking in most industries as friction is reduced. Hard to imagine how it will get better. (Also, I thought ChemE's made $60k starting 20-25 years ago!)
That is pretty much my take. The other fun question is how much of the contractor's time goes to things that do not directly contribute to work-in-place. On government contracts, it is fairly normal for us to be at 10% compliance overhead, in addition to your other traditional overhead tasks.
I think a point being missed is the contract accountability requirements, and the fact that managing subcontractors is all overhead.
In a perfect world, it might be 30-35%, but more often than not it exceeds 50% in the private sector. 76% sounds bad, but I am sure there is a little gaming of the numbers there.
I will disagree on the VDI as a secondary system; primary is unworkable for anyone with real computing needs, but having quick access to a few virtual or remote desktops (especially with multiple monitors) can often be a huge benefit. Likewise, it can often give an easy "out" for overbearing IT policies, if the system is sufficiently provisioned.
If you want to use the ladder as an analogy, it is much more of a Jacob's Ladder. The relevant question is if it is better or worse than "back then." Don't know the answer personally.
How do you do that, without damaging the people who really do want to live without undue reliance on government, and who feel that they are satisfied with the life they can live being self-reliant? They are out there, and they are why we don't have more socialized systems.
Dislike of the Nanny State is rational; it holds people back. Personally, I like it because it can take care of things for *others* that I cannot, although I much prefer to be left to my own means on a day-to-day basis personally.
Anecdotes are useless, but many of the people I have met riding Lyft/Uber do it as something a few hours a day, either semi-retired, between jobs, learning a new city, housewives getting out of the house, etc. Most are doing it full time, or effectively full time, but ~20% outside New York seem to do it kind of as intended.
I think Uber and Lyft are an awful scam for the drivers, but we should ask ourselves if the "gig economy" is better or worse than working three minimum wage jobs to make ends meet, as was the case in the late 80's through early 90's. Or, being a taxi driver and barely making your gate fee plus gas in a day.
There are workers marginalized by geography, education, social issues, and family conditions that are poorly utilized; the net effect of this is they cannot demand higher wages. It is hard for me to understand if it is better for them to do nothing, or eke out a little income to help themselves out.
Personally, I know a few people that would rather make $50-75/day from home doing "gigs" than $100-150/day commuting to a job. I think they are approaching the problem illogically, but that is their life and decision.
Yes, but you are going from one overlord to another with cracked third party software. At least you can try to sue John Deere.
No idea what the best solution is here; publicizing JD's dirty laundry helps a little, but it is quickly forgotten. I am curious why they don't just do TaaS (Tractor as a Service).
I would say this is something that should have much more local influence than state influence, given an individual community's needs for short-term housing. I can appreciate the risk for overreach in a small town to protect the only hotel, or in a college town to prevent housing scarcity, or in the city to keep traditional neighborhoods in character.
Greater good though..? It likely skews towards protecting short-term rentals without letting them be 365 day per year uses.
This happens with all the "volatile" stocks. It is why you as an investor need to be patient and understand both short and long term implications of what is going on. Over the years I have made a killing and lost my shirt on Apple stock based on the cycles that happen with it. Some times you just need to let go...
Few of the Model 3's purchased will be at $35k, as that is the most bare-bones model. Most will likely be in the $50-60k range. Their order risk is really minimal; the real risk is that they cannot deliver 500k cars in the next 30 months.
But, as a fairly diversified company at this point, I don't think the risk is a deal-killer for the stock or company. While they likely paid too much for Solar City, it is a reasonable strategy and I am happy they are more integrated now. My only real concern is that they might be locked too much into the Lithium batteries and miss a step in 3-10 years when other technologies really hit the ground running. Diversification in battery technology doesn't help get affordable cars on the road, but it makes the stationary power business more sustainable on its own.
Beats the crap out of me! I have (MEP) engineers that when they start, make a spreadsheet, and use their calculators for totals. People generally freak out with a command prompt. There is no inherent understanding of IP addressing, or even a curiousity about how their tools work. We even had to resort to an external IT consultant for desktop support, because the 10% that were saavy enough at IT were becoming over burdened with helping others out.
So, I end up shoulder-surfing people working, and yelling at them (figuratively) for using stupid techniques in Excel, AutoCAD, Word, etc. I am the only non-Windows user though, so when it comes to bash scripting, grep, or other basic unix tools it becomes harder. I had to dig up an old perl script a few weeks ago for processing a large file that would be too painful to work with in Excel, and it failed to be an inspiration for anyone.
What I find odd is that all these people had padded their resume with programming experience, but they seem to take a path of least resistance on it, but don't want to simplify the tasks.
Ok, let's turn it around. Smart businesses who use open office areas try to maintain the remaining space for some types of amenity spaces-- team rooms, cafes, extra circulation, couches, etc. It becomes very hard to have less than 200 square feet per person on average in the US, which ends up being 35-50 square feet of personal space, 20-30 shared square feet of direct circulation space, 10-20 square feet of indirect circulation, and about 100 square feet of common areas. Parking is generally only designed for 250 square feet per person.
I've had a private office for ~10 years, and do prefer it. It is absurdly large, which (as someone paying the bills) I find wasteful, but I love being able to use speaker phone, have my sonos on on the background, decorate, look out the window, and have as my own little space.
My worst cubicle over the years placed me in direct view of everyone coming in from the lobby. It didn't take me long to build a wall of soda cans for privacy. My second worst at least my back was to the entrance, and despite being tiny had enough space for what I needed to do. In general, my issue was always less the audio distraction and more the visual distraction.
It depends very much on your specific industry. In mine (architectural engineering), there is currently a dearth of qualified people. Part of that is the fact that the people that excel are more "renaissance" people, with talent in many different areas, but with a job in a specific subset. The "exceptional" people will always find work, as they can develop business, manage projects, engineer, and mentor people all at the same time. The ones that are only engineers will have a harder time.
And what is their lost time in dealing with spam, inability to properly and effectively share calendars, etc.?
Email is one thing where hosting makes sense. We had gmail for our company free for over a decade, and recently went "premium" to add a few features. Smartest business decision we made.
On the other hand, Asterisk locally was arguably our second best IT decision. 10-year cost under $15k, compared to $65k for a comparable hosted solution.
You have to understand when hosted solutions make sense, and when rolling your own in-house is cheaper and more sustainable.
A week in a dragon capsule orbiting the moon, as cool as it would be... would seem like a very long time. Claustrophobia is one thing... but just wanting to go outside for a walk or something...
But you also need to balance that with the fact that crazy people choose to share their passwords with other people... so passwords need to expire.
Another factor is that what is important to you might not be important to someone else... so you end up with crap 321drowss@p that people give the same priority to for their slashdot account as their VPN credentials.
In terms of execution, I break your three categories into: -Memorized passwords with hard-copy password in a book someplace -OSX Keychain -Passwords saved in browser.
The OSX keychain is the weakest link unfortunately, although it pretty much requires local access to defeat. I used a Yubikey for a while, but it was just too much of a pain for day-to-day use.
Ultimately, the weak link is my wife... who does not know how to secure all her passwords properly. When two different people need access to the same information security becomes an order of magnitude more difficult to achieve. I wish bank and brokerage accounts allowed one user "read only" access and the other the right to modify stuff.
While I tend to agree, it is too early to anticipate the impact. People on subsistence living tend not to be big consumers, so there is a point at which eliminating too significant a portion of the jobs leads to a downward spiral. The same holds true for government; controlling unrest can become an issue if nobody has productive work to do.
Logically, what would happen to our society if the "top 1%" in any field increased 10- or 50-fold? Would employers still still hire the people that were in the 80th percentile? I think a shorter work week might be an effective first step and help humanity, but it is hard to make work without an abundance of qualified people.
Hell, if you want to be vengeful, you don't do it from a computer, you do it from a IoT device on the network. You can even make it a canary to take action when your account is disabled or something. But for gods' sake, do it in parts over a longer period of time... and give yourself a way to clear your mind and stop it!!
It is scary just how hard it can be to detect a rogue employee trying to sabotage you. There are only a few things you can actually do to limit impact to a reasonable level.
Good points!
My (professional) engineering role only uses information from ~20% of my ~200 credit-hour curriculum, and just 6 specific credits would make most people reasonably capable at an entry level position. As we (sadly) move more to process-based engineering rather than relying on intelligent candidates, this becomes even more true.
As for salary stagnation specifically, the cause is really the broader economy. Margins are shrinking in most industries as friction is reduced. Hard to imagine how it will get better. (Also, I thought ChemE's made $60k starting 20-25 years ago!)
That is pretty much my take. The other fun question is how much of the contractor's time goes to things that do not directly contribute to work-in-place. On government contracts, it is fairly normal for us to be at 10% compliance overhead, in addition to your other traditional overhead tasks.
I think a point being missed is the contract accountability requirements, and the fact that managing subcontractors is all overhead.
In a perfect world, it might be 30-35%, but more often than not it exceeds 50% in the private sector. 76% sounds bad, but I am sure there is a little gaming of the numbers there.
I will disagree on the VDI as a secondary system; primary is unworkable for anyone with real computing needs, but having quick access to a few virtual or remote desktops (especially with multiple monitors) can often be a huge benefit. Likewise, it can often give an easy "out" for overbearing IT policies, if the system is sufficiently provisioned.
If you want to use the ladder as an analogy, it is much more of a Jacob's Ladder. The relevant question is if it is better or worse than "back then." Don't know the answer personally.
How do you do that, without damaging the people who really do want to live without undue reliance on government, and who feel that they are satisfied with the life they can live being self-reliant? They are out there, and they are why we don't have more socialized systems.
Dislike of the Nanny State is rational; it holds people back. Personally, I like it because it can take care of things for *others* that I cannot, although I much prefer to be left to my own means on a day-to-day basis personally.
Anecdotes are useless, but many of the people I have met riding Lyft/Uber do it as something a few hours a day, either semi-retired, between jobs, learning a new city, housewives getting out of the house, etc. Most are doing it full time, or effectively full time, but ~20% outside New York seem to do it kind of as intended.
I think Uber and Lyft are an awful scam for the drivers, but we should ask ourselves if the "gig economy" is better or worse than working three minimum wage jobs to make ends meet, as was the case in the late 80's through early 90's. Or, being a taxi driver and barely making your gate fee plus gas in a day.
There are workers marginalized by geography, education, social issues, and family conditions that are poorly utilized; the net effect of this is they cannot demand higher wages. It is hard for me to understand if it is better for them to do nothing, or eke out a little income to help themselves out.
Personally, I know a few people that would rather make $50-75/day from home doing "gigs" than $100-150/day commuting to a job. I think they are approaching the problem illogically, but that is their life and decision.
Yes, but you are going from one overlord to another with cracked third party software. At least you can try to sue John Deere.
No idea what the best solution is here; publicizing JD's dirty laundry helps a little, but it is quickly forgotten. I am curious why they don't just do TaaS (Tractor as a Service).
I would say this is something that should have much more local influence than state influence, given an individual community's needs for short-term housing. I can appreciate the risk for overreach in a small town to protect the only hotel, or in a college town to prevent housing scarcity, or in the city to keep traditional neighborhoods in character.
Greater good though..? It likely skews towards protecting short-term rentals without letting them be 365 day per year uses.
With a market cap of $42B, the additional stock is meaningless in terms of dilution.
BTW, now $7 and change...
This happens with all the "volatile" stocks. It is why you as an investor need to be patient and understand both short and long term implications of what is going on. Over the years I have made a killing and lost my shirt on Apple stock based on the cycles that happen with it. Some times you just need to let go...
Few of the Model 3's purchased will be at $35k, as that is the most bare-bones model. Most will likely be in the $50-60k range. Their order risk is really minimal; the real risk is that they cannot deliver 500k cars in the next 30 months.
But, as a fairly diversified company at this point, I don't think the risk is a deal-killer for the stock or company. While they likely paid too much for Solar City, it is a reasonable strategy and I am happy they are more integrated now. My only real concern is that they might be locked too much into the Lithium batteries and miss a step in 3-10 years when other technologies really hit the ground running. Diversification in battery technology doesn't help get affordable cars on the road, but it makes the stationary power business more sustainable on its own.
Beats the crap out of me! I have (MEP) engineers that when they start, make a spreadsheet, and use their calculators for totals. People generally freak out with a command prompt. There is no inherent understanding of IP addressing, or even a curiousity about how their tools work. We even had to resort to an external IT consultant for desktop support, because the 10% that were saavy enough at IT were becoming over burdened with helping others out.
So, I end up shoulder-surfing people working, and yelling at them (figuratively) for using stupid techniques in Excel, AutoCAD, Word, etc. I am the only non-Windows user though, so when it comes to bash scripting, grep, or other basic unix tools it becomes harder. I had to dig up an old perl script a few weeks ago for processing a large file that would be too painful to work with in Excel, and it failed to be an inspiration for anyone.
What I find odd is that all these people had padded their resume with programming experience, but they seem to take a path of least resistance on it, but don't want to simplify the tasks.
Ok, let's turn it around. Smart businesses who use open office areas try to maintain the remaining space for some types of amenity spaces-- team rooms, cafes, extra circulation, couches, etc. It becomes very hard to have less than 200 square feet per person on average in the US, which ends up being 35-50 square feet of personal space, 20-30 shared square feet of direct circulation space, 10-20 square feet of indirect circulation, and about 100 square feet of common areas. Parking is generally only designed for 250 square feet per person.
I've had a private office for ~10 years, and do prefer it. It is absurdly large, which (as someone paying the bills) I find wasteful, but I love being able to use speaker phone, have my sonos on on the background, decorate, look out the window, and have as my own little space.
My worst cubicle over the years placed me in direct view of everyone coming in from the lobby. It didn't take me long to build a wall of soda cans for privacy. My second worst at least my back was to the entrance, and despite being tiny had enough space for what I needed to do. In general, my issue was always less the audio distraction and more the visual distraction.
That was my reaction in 2015, but for the robot to cross the cell boundary suggests something else... although it is arguably a one-sided commentary.
It depends very much on your specific industry. In mine (architectural engineering), there is currently a dearth of qualified people. Part of that is the fact that the people that excel are more "renaissance" people, with talent in many different areas, but with a job in a specific subset. The "exceptional" people will always find work, as they can develop business, manage projects, engineer, and mentor people all at the same time. The ones that are only engineers will have a harder time.
Yes, but they are simply not as good as Google. Getting closer, but still not there.
And what is their lost time in dealing with spam, inability to properly and effectively share calendars, etc.?
Email is one thing where hosting makes sense. We had gmail for our company free for over a decade, and recently went "premium" to add a few features. Smartest business decision we made.
On the other hand, Asterisk locally was arguably our second best IT decision. 10-year cost under $15k, compared to $65k for a comparable hosted solution.
You have to understand when hosted solutions make sense, and when rolling your own in-house is cheaper and more sustainable.
A week in a dragon capsule orbiting the moon, as cool as it would be... would seem like a very long time. Claustrophobia is one thing... but just wanting to go outside for a walk or something...
It is about 80 shipping containers worth of equipment. Air freight would not be possible.
But you also need to balance that with the fact that crazy people choose to share their passwords with other people... so passwords need to expire.
Another factor is that what is important to you might not be important to someone else... so you end up with crap 321drowss@p that people give the same priority to for their slashdot account as their VPN credentials.
In terms of execution, I break your three categories into:
-Memorized passwords with hard-copy password in a book someplace
-OSX Keychain
-Passwords saved in browser.
The OSX keychain is the weakest link unfortunately, although it pretty much requires local access to defeat. I used a Yubikey for a while, but it was just too much of a pain for day-to-day use.
Ultimately, the weak link is my wife... who does not know how to secure all her passwords properly. When two different people need access to the same information security becomes an order of magnitude more difficult to achieve. I wish bank and brokerage accounts allowed one user "read only" access and the other the right to modify stuff.