I don't think other cultures are driving much of the trend for educational check marks. I remember my dad and uncle talking about the awkwardness of being asked where they did their MBA's by colleagues/clients in the late 90s/early 00's and them trying to figure out how to navigate that as they didn't even have bachelors degrees. And I doubt whoever replaced them when they retired had less than an MBA.
Between increased regulation and greater competition for jobs, the degree requirements keep going up in a lot of/most industries. I also think there is a tendency for those that have reached a level of educational attainment to push back on others without equal numbers of checkmarks. Once a role is populated by MBA, PhD, MS or even BS, individuals don't like to see others doing the same work with less credentials. Maybe it's a 'I had to do this, so you do too' mentality or a sense that it devalues their own credentials.
I was talking to my aunt, who has never been much for technology, during covid. Never really had a tv in her home, etc. She's late 70's maybe early 80's now. Anyway, I was asking her how she was doing with all the chaos and she was just like "umm well I just live my life. I go out and volunteer and go camping, not much has changed...". She was just very unbothered by all of it (and she was a nurse for decades, so not in a "masks are criminal, social distancing doesn't work" way).
I more and more identify with that ethos. I want to be informed, but I don't want to be miserable from the bombastic 24/7 news cycle being shoved in my face when I can't do much about any of it.
Until we are able to reliably simulate cells, organs, and entire human bodies in silico, we will not be able to move the needle too much on drug design from an AI stand-point (IMO). Like others pointed out, the massive bottle neck in time and cost in getting a drug to market are far removed from developing drug candidates.
While acts of war separate couples and would confound the analysis a bit, I think there is typically a big spike in births following wars. Baby boomers most notably being born after WWII. Optimism is dynamic and not a set threshold, wrapping up wars leads to new found optimism about the future. How terrible the recent past was is not all that relevant as it is about the trajectory.
If anything having a terrible past may make the bar lower for experiencing optimism, as it's easier to expect a better future when the overall bar is lower. Hopefully explaining that well enough and it's certainly not the only issue, but I believe we see the same thing on the stock market when large class action settlements are reached with a corp and the stock then rises as it is forward looking and optimistic now that the 'awful past' is settled. First-gen immigrants tend to have larger families as the impetus to move countries is an optimistic endeavor itself.
And while a reach, I think through this lens you can make an argument as to why lower classes tend to have more children than middle classes (currently in the US). It's easier to expect better for your children when you are at the bottom of the barrel (no where to go but up), whereas the middle class is in an increasingly precarious position.
Stock prices are very forward looking, so if half the hype being sold about AI is true I would expect most software-centric companies to be devalued by wall-street (as the test, deploy, support should be automated in the coming years...according to the AI CEO's).
However, if I was a wall street analyst and believed the AI dreams I would further be concerned that software companies aren't taking advantage of the last remnants of value before software (and maybe labor) values go to zero.
If you've got a gold mine and have recently built the most efficient shovels in the world, why are they not bringing in mass amounts of workers to utilize these shovels before all the neighboring mines. Once all that gold is on the market, the price crashes so it's better to be one of the first mines to get in and dig out all possible value first.
I think you either don't believe in the AI hype, which means a lot of silicon valley companies are tremendously overvalued. Or you do, in which case another huge part of silicon valley is overvalued especially when they are not looking to out-innovate their peers (as evidenced by downsizing), but just riding the wave of AI until what they are selling has no marginal value over some guy coding alone in his bedroom. SV is putting itself into a weird position, but still has some time for financial buffoonery before the party stops.
From a US perspective at least, you are right but also wrong. Like yes, it's cheaper to buy raw potatoes and dried beans and cook healthy food vs. ultra-processed "junk food." However, when most people attempt to eat healthy they do not opt for dried beans and potatoes every day. There is a huge time cost to preparing those ingredients.
And anecdotally, when I am eating healthier I am opting for a larger range of ingredients. Probably to keep my mouth interested as I am not getting the food that's been engineered to be perfect to my palate. While potatoes and beans are in my diet, I am also opting for a lot of vegetables that are more expensive, paying more for fresh herbs and interesting spices. I am almost always buying canned beans, sauces, and other foods with some processing to speed up prep time.
I think your analysis suffers from comparing processed food engineered to taste great to the blandest, driest raw ingredients. Factoring in the time and secondary ingredients to make those raw ingredients taste great adds a lot of cost. Add in the cost of more varied ingredients bc very few people want to eat beans, potatoes, rice, and bland chicken every day. And further, you're missing the savings processed foods add by being shelf stable. They can sit on a shelf or in a freezer for months or years vs. fresh produce with a much shorter lifespan.
So yes you can eat very cheap and very healthy, the vast majority of people will loathe that life over time. You can eat kind of cheap, very healthy, with a limited number of ingredients and have things taste great if you have a LOT of time to devote to cooking, this will still not satisfy many.
I agree here. I more often see bakeries selling sandwiches that they make in house (although no clue as to the volume/financials of it), but rarely (never?) see sandwich shops doing in-house baking. The independent ones out-source to a bakery and if it's a well known bakery, they will advertise where they get their bread.
It never made sense to blame AI in the first place for tech layoffs. You have a new tool that you think can supercharge your employees, make them ~10x productive, be leveraged to disrupt all sorts of industries, and have the workforce best suited to learn and use these tools to their full potential. You think the value of labor may soon collapse, but there are piles of money to be made before that happens.
If you truly believed that, you would be spinning up new projects and offshoots as this is a serious arms race with a ton of potential upside (not just in developing AI, but in leveraging it to build things cheaper). Allegedly every dollar you spent on an engineer is potentially worth 10x(?) what it was a couple years ago. Meaning your profit per engineer could soar, but tech companies decided they don't want more profit? AI is mostly solved and the value of labor has already collapsed? Or AI is a nice band-aid to prop up a smaller group of engineers while we weather the current economic/political environment and most CXO's don't believe there are piles of money to be had by leveraging AI now or the near future.
Earlier this year was playing around with the idea of creating an app to track job applications and the subsequent interview process for candidates. Then using the data to give users insights into companies and roles and how responsive they are. So (with enough adoption) one could see how long they take to respond or even see other candidates they had responded to for a specific position (maybe even allow competing candidates to chat? or see where others are in the interview pipeline).
I could not figure out a way to painlessly gather this info without monitoring users' emails (privacy nightmare) or having users forward emails to the app (too painful/not conducive to user adoption). But if anyone has any ideas how to get around that?
Might be wrong about this, but being so far removed and seemingly immunologically resistant is exactly what makes it a dangerous combination. Viruses mutate and recombine at an astonishing rate, so 99.9999% (?) of viral entities won't be able to make the jump between these species, but the one that can might have devastating consequences as it will be wildly different from anything that has infected rats before (and from there it's more likely to infect other mammal populations).
The more exposure between these populations the higher the likelihood that a crossover event occurs.
That's like saying smoke detectors should cost thousands of dollars bc they can save a 500K+ building. That's a poor way to look at value in these situations. It's cheap and easy to make, so it should be cheap to the consumer if there weren't all sorts of red-tape and opaque pricing schemes used as an excuse to prop of extortion.
It also prevents wages from rising, can't find anymore local talent at 80K/year so you hire H1B at that wage. If that didn't happen, wages would rise until they found someone local. I think something like equal pay and then a 10-20% fee that is funneled into american education/up-skilling efforts.
Well that's sort of the fun things about psychiatric "disorders", in many of them you can genuinely ask is this difference with the brain actually harmful unto itself or is it harmful because of the way society is set up?
I have struggled with this myself with ADHD where I think my brain is great and it is society that is wrong as many of the ways I do things/see things/operate are subtly shunned by society and the way it works. Everything from the typical 9-5 (my brain works best 11-7), to most white collar careers revolving around stationary work at a desk (I love difficult mental work, but think better when I'm moving around), etc.
I don't think my brain is wrong or performing poorly, I excelled at school but did not learn much from lecture style formats (figured out how to study on my own). But I have gone back and forth with medication because it is very, very difficult to construct my life in a way that plays to my strengths when they are so different than the norm. Medication helps my brain fit into society better, but I don't think it improves my brain function.
I date men and don't think going against TOS or laws is okay even in the name of 'safety'. This app doesn't bother me and frankly I think more apps like this should be allowed, but it is hypocritical to think this should be allowed to exist and many others not.
Hiring managers and HR area increasingly only open to unicorn candidates that have the exact amount of experience in the exact tech stack. While a few of those people exist, it's definitely more likely they end up interviewing people that are open to lying. So now your pipeline is filled with 90% liars, some just small white lies and others who have made a resume that has exclusively tailored lies just for your org.
The jobs aren't that hard and many people that fudged their experience are capable, so the liars that are hired perform adequately and hiring team sees no reason to adjust their strategy.
Eventually this gets out-of-hand as people learn to further exploit these practices.
While I agree with you, in high-school a buddy of mine was going on a weekend trip a couple states away and made a whole power point presentation to another friend's parents to convince them to allow their daughter to go.
He also gave a very memorable and completely inane speech to our entire school that involved him stomping on a loaf of bread while running for student council (and won). The coolness isn't so much in the tools as the way they are used.
Maybe the reality is most jobs aren't that hard once you have some baseline skills? While I don't love this interview process, I'm certain there are plenty of great people filtered out of the standard interview process in big tech.
If everyone is using the same criteria, they are all competing for the same group of candidates. Using other processes, no matter how whack-a-doodle, will give you a completely different pool to select from.
I was at a get-together last weekend with mostly non-tech friends and the subject was brought up briefly. Seemed to be a fair amount of excitement and use by everyone in the conversation, minus one guy who thought it was the "devil"...only slightly joking.
Tie minimum wage to the cost of housing on a per city or per zip code basis. When the middle class and wealthy are negatively impacted by their restaurants, grocery stores, etc becoming expensive (or shutting down) due to labor costs then they will relent. "I hate more housing, but I love to eat affordably." Connect labor prices to the cost of assets in some meaningful way.
I personally think people should not work for a wage less than they need to buy the crappiest home in their town which would negate this need, but the lower-classes haven't developed enough self-esteem or entitlement for that.
I unfortunately agree with this take, but her (probably) being a crappy person and looking to monetize her experience is exactly why she worked there and there is likely a lot of truth there under her bias.
Years ago, an acquaintence was an exec at a tech company that imploded in a semi-public way. He decided he wanted to get a documentary made on the whole thing and sent me his pitch. A little too self-aggrandizing, which I pointed out among other things. Couple years go by and a doc did come out on it (not his), uncovers some shady things and lawsuits against the CEO…and a little bit of embezzlement on his part.
So I think you’re right on the money, there’s a reason she worked there. Sucky/shady company and she fit in well.
Between increased regulation and greater competition for jobs, the degree requirements keep going up in a lot of/most industries. I also think there is a tendency for those that have reached a level of educational attainment to push back on others without equal numbers of checkmarks. Once a role is populated by MBA, PhD, MS or even BS, individuals don't like to see others doing the same work with less credentials. Maybe it's a 'I had to do this, so you do too' mentality or a sense that it devalues their own credentials.