This is a great summary of how the customer acts when we deploy a new version of a program in my org. Five meetings ago a requirement was added to put a black bar when x happens. It’s prioritized in the backlog. Released three weeks later. Details of the reason for putting the black bar in the first place was forgotten by the customer. Customer says black bar is a good start but let’s pivot. Rinse and repeat.
Lets not blame remote work as the reason SVB "[locked] up half of its assets in a $91bn portfolio of securities that made it vulnerable to rising interest rates" and not having a hedge.
This failure had nothing to do with remote work and everything to do with executives gambling.
> In a story in the Financial Times out Thursday, current and former Silicon Valley Bank employees cited the bank's commitment to remote work as one reason for its failure.
A bit weird for axios not to link the article in that first sentence but I believe this is it: https://archive.is/0L9UE
From that article:
> the bank acknowledged in its annual report that it “may experience negative effects of a prolonged work-from-home arrangement”.
Then it cites this "expert":
> “It is harder to have a challenging call over Zoom. It makes it harder to challenge management,” said Nicholas Bloom, a professor at Stanford University who has studied remote working extensively. “Ideas like hedging interest rate risk often come up over lunch or in small meetings.”
Anything that can come up over lunch or in small meetings can be also brought up in the variety of remote work tools including: zoom/teams/mattermost/slack/email.
The real headline here is SVB culture:
> entertaining entrepreneurs and venture capitalists at ski trips, baseball games and private boxes at concerts.
> lent billions of dollars to wineries and vineyards where it could network with clients and send wine to its customers’ parties.
> “I almost felt like I was at work on a college campus"
> internal conflicts as a result of its rapid expansion
> spending nearly $1bn to acquire Boston Private, the unit suffered a rush of departures shortly after the deal closed
And Boston Private culture?
> post-merger environment as “toxic” before storming off to cross-town rivals, according to deposition testimony and internal emails made public in the company’s lawsuit against four former employees. In the span of 12 months, its assets under management fell from $9.3 billion to $7.1 billion, and the unit went from profit-maker to money-loser
> are only for bad manners or the obvious wrongness
Downvotes are used to suppress opinions. I see it all the time, especially on Reddit. A lot of people talk on anecdotal evidence. This is the nature of conversation. If you don’t like it move on. But some people relish downvoting because they cannot fathom a world in which others have arrived at different conclusions.
Downvotes I think are a bad solution to the problem.
There’s something so disingenuous about this website. I can’t quite put my finger on it, from asking for my email, being cryptic about what the GUI is and it’s tech stack, and calling themselves “the browser company,” as if they invented the web. Just distasteful.
> MSAI incorporates formal AI ethics training developed through a partnership between IFML and faculty from the UT’s Good Systems project
Not saying ethics isn’t important but I get the feeling this degree program is a lot of filler. I’m personally more interested in studying the algo’s and how these AI systems actually work…
when I did my masters back in 2014 I did take a few classes in ML/AI…there’s defiantly more than just two years of content to learn just to be up to speed…
I am having to learn it to write some scripts for a customer who insists on using Windows. It’s very neat. I’m especially impressed with the ability to create GUIs. [1]
Coming from bash the language is awkward. I would like to spend some time learning it more and running it on my main macOS machine.
> My understanding is also that homes in Texas generally also have substandard insulation because they come from an era where it was feasible to just open a window and get a breeze going.
Uhh no. It's because it is cheaper. Especially homes built in the last five years seem to be lacking on insulation.
> Texas is basically a fractal of aggressive and deliberate fuckups all the way down, because ain't no ivory-tower elitist going to tell ME how to build my house/grid/power plant!
Yes. Please don't move here and tell all your friends not to move here.