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Cold on a Cob posted:the bubble isn't deflating we've had like no ipos lately so i feel like it is
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# ? Feb 23, 2023 17:13 |
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# ? Mar 29, 2024 03:29 |
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yeah, actual interest rates mean no free gambles on IPOs, and the layoff wave backs that up.
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# ? Feb 23, 2023 17:15 |
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the layoff wave including the massive blue chip tech institutions doubly backs that up FAANG growth halting or reversing means the entire sector is in for a fun time
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# ? Feb 23, 2023 17:18 |
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it seems like all the big tech companies have suddenly started introducing paid "premium" features for end-users this may suggest that they're collectively feeling a squeeze and trying to put together recurring revenue streams that aren't advertising or infinite userbase growth and "making it up on volume" it is also possible, though, that twitter's utterly shameless blue check poo poo has shaken loose long-held taboos about actually charging people for services and they're just trying to scoop up extra cash, in the same character as all the companies that were willing to burn reputation to shill a couple NFTs last year
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# ? Feb 23, 2023 17:22 |
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targetted advertising is going away soon, due to legal and technical advancements, and even though it's been shown to not work much better than context based ads, it's literally the only id any tech corp has ever had and they don't think they can make money any other way. so instead, they've resorted to literally asking for money for nothing, for a few blue pixels the shocking thing to me is that they're not looking into stuff like just old fashioned context based ads. but maybe they are actually doing that behind the scenes, and they can just flip a switch once apple and chromium or the european commission kill cookies and tracking
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# ? Feb 23, 2023 17:27 |
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still waiting for zuck to take "full responsibility" for all the fuckups and layoffs like he said he would
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# ? Feb 23, 2023 17:43 |
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https://www.youtube.com/watch?v=acT_PSAZ7BQ
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# ? Feb 23, 2023 17:44 |
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# ? Feb 23, 2023 20:27 |
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Internet Janitor posted:you'd think that if somebody takes a subject seriously enough to write a paper that advances a field they'd have earned "scholar", but apparently you'd be wrong while your were studying ancient history, I studied the blade *snips scissors in ur face*
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# ? Feb 24, 2023 01:42 |
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Internet Janitor posted:it seems like all the big tech companies have suddenly started introducing paid "premium" features for end-users it’s this. el musko’s flagrant cash grabs over the past couple months, combined with augustus doo’s new paid verification scheme (when laid against the backdrop of mass layoffs and unpaid bills) smacks of people who know the bubble is about to pop and are making a last desperate hoovering up of idiot’s money before the wheels come off.
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# ? Feb 25, 2023 02:35 |
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the bubble is not 'about to pop'. the bubble popped like 4 months ago.
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# ? Feb 25, 2023 02:55 |
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idk why but i think trig introduce me to them anyway, tune
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# ? Feb 25, 2023 02:57 |
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post hole digger posted:the bubble is not 'about to pop'. the bubble popped like 4 months ago. It's not popping fast like an actual bubble though. It's just slowly deflating like a ratty old air mattress. I want a kaboom
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# ? Feb 25, 2023 05:57 |
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BaldDwarfOnPCP posted:idk why but i think trig introduce me to them trig probably introduced you to them because theyre great
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# ? Feb 25, 2023 06:03 |
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i know yall hate everybody that works at google, but ngl it feels pretty bad to read that people i like and who ostensibly like me think it'd be funny if we lost our house
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# ? Feb 25, 2023 06:09 |
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just be glad you don't work for facebook
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# ? Feb 25, 2023 06:12 |
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since you're here, could you fix search? tia
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# ? Feb 25, 2023 06:13 |
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i hope you kept on diversifying from your rsu's from the last time you mentioned that you did that there's no such thing as job security in this business. the execs and investors ripped out their "dont defect" button from their side of the iterated prisoners dilemma and put a brick on the "defect" button, thats the rub. hope you get your interviewing mojo back
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# ? Feb 25, 2023 06:17 |
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condolences if you got the Job Insecure Fear. i just live with it all the time forever but i am a weirdo who chooses it, obviously most peeps hate it
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# ? Feb 25, 2023 06:20 |
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Achmed Jones posted:i know yall hate everybody that works at google, but ngl it feels pretty bad to read that people i like and who ostensibly like me think it'd be funny if we lost our house yeah yospos has always simultaneously held the idea that 'tech bubble is bad and should fail' and 'choosing to work for tech bubble is okay because it pays like 6x anything else and taking care of you and yours is good'. it's much harder now that tech bubble is actually failing to not come across as a shithead when it's good people losing their jobs instead of the tech bubble leaders. (I posted that twitter had too many employees when they got bought and that hasn't aged well).
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# ? Feb 25, 2023 06:31 |
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Sagebrush posted:It's not popping fast like an actual bubble though. It's just slowly deflating like a ratty old air mattress. I want a kaboom we'll get a kaboom when a debt zombie everyone thought was ok declares bankruptcy
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# ? Feb 25, 2023 06:36 |
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goog, fb have debt to equity of sub 0.1. apple is at 1.75ish, microsoft at 0.25ish. compare to mariott at 17 or colgate at 75 oracle is a promising one at -20x ratio (negative shareholder equity). also the ratio might not be it, it might just be debt amount or some other thing. also i have a raging hatred of larry ellison like any other sane peep should bob dobbs is dead fucked around with this message at 06:47 on Feb 25, 2023 |
# ? Feb 25, 2023 06:45 |
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watch it be microstrategy, again
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# ? Feb 25, 2023 06:49 |
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Yeah it’s been a stressful few months at Amazon. Im with AWS but am on a smaller team that isn’t profitable, it wouldn’t surprise me at all if they axed us and we’d be totally screwed
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# ? Feb 25, 2023 06:50 |
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anime was right posted:watch it be microstrategy, again no contagion with anyone important tho
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# ? Feb 25, 2023 06:52 |
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bob dobbs is dead posted:no contagion with anyone important tho if youre looking for contagion twitter is basically attached at the hip to tons of SMM/ad companies. its not gonna ruin the whole ecosystem but it could drag a lot down with it. zoom or shopify seem like good bets for being large enough and potentially eating poo poo
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# ? Feb 25, 2023 06:54 |
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bob dobbs is dead posted:i hope you kept on diversifying from your rsu's from the last time you mentioned that you did that yeah it'd have to be _pretty bad_ for us to actually miss a mortgage payment or anything like that, but on a long enough timeline it's still a possibility. tbh i have more than i'm comfortable with in goog from when their poo poo was absolutely bodying the market but i also have more than that in both oldjob's stock and plain ol index funds. but i do infosec. depending on who you ask, my field is either the last to go or the first to go. i'm also remote. if i lose my job, realistically i'll have to pick between staying remote (read: continuing to live with my family) and struggling or making comfortable money but having to live away from my family with 5 roommates could be a lot worse, though. how i feel will probably be significantly impacted by comp discussions in a couple weeks.
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# ? Feb 25, 2023 06:58 |
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infernal machines posted:since you're here, could you fix search? i already did but you're not doing it right
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# ? Feb 25, 2023 06:59 |
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Trimson Grondag 3 posted:yeah yospos has always simultaneously held the idea that 'tech bubble is bad and should fail' and 'choosing to work for tech bubble is okay because it pays like 6x anything else and taking care of you and yours is good'. it's much harder now that tech bubble is actually failing to not come across as a shithead when it's good people losing their jobs instead of the tech bubble leaders. i feel like if you can comfortably slash 10s of thousands of jobs, destroying that many people's livelihoods, after burning through 9000 billion dollars on a personal pet project, you should have your assets seized and be put under examination so we can study these sociopaths and figure out how to get rid of them
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# ? Feb 25, 2023 07:17 |
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Achmed Jones posted:i already did but you're not doing it right
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# ? Feb 25, 2023 14:29 |
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Achmed Jones posted:i already did but you're not doing it right i think the proper method is to only want to find the things that google will return anyway, very earnestly, good luck. i hope you're able to keep your job as-is
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# ? Feb 25, 2023 16:07 |
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google should just have someone you can email and they go find the website you want for you in google's card catalog
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# ? Feb 25, 2023 16:17 |
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Shame Boy posted:google should just have someone you can email and they go find the website you want for you in google's card catalog library reference desks still exist and they're very good
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# ? Feb 25, 2023 16:20 |
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Shame Boy posted:google should just have someone you can email and they go find the website you want for you in google's card catalog Pizza website? Let me call my Mancierge
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# ? Feb 25, 2023 16:23 |
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https://m.youtube.com/watch?v=d4WrPkKc2Wg
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# ? Feb 25, 2023 16:26 |
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Internet Janitor posted:library reference desks still exist and they're very good https://twitter.com/burstofbeaden/status/1083137440120885248?s=46&t=-cv_KJW1O1sZKOJd49k1xQ
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# ? Feb 25, 2023 19:20 |
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Internet Janitor posted:library reference desks still exist and they're very good for a while there was a story getting repeated on these forums that in the 1960s lockheed had run pine wood through the nuclear reactor at GANL and through a mysterious radioactive process it became incredibly strong and glossy and they called it LOCKWOOD. i wasn't aware of any process that could do that and was very interested in how it could happen, so i dug around a bit and found a reference to an issue of the lockheed corporate quarterly magazine from that era that contained the word "lockwood." it was only available in a box in the basement of georgia tech's library. i called our library's reference desk and made an ILL request and had a scan of the article in my email inbox by the end of the week. it turns out that it wasn't a mysterious transformation of the wood with the power of the atom -- they just soaked wood blocks in acrylic monomer and then cured it with gamma radiation into a polymer composite. still very cool but much more mundane and no supernatural processes involved. i love the library
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# ? Feb 25, 2023 19:31 |
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there’s a lot of youtubers who are independently rediscovering weird old tricks like that in various fields and the comments always have one greybeard dude who knew about it and references an obscure paper or book from decades ago describing the process
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# ? Feb 25, 2023 19:34 |
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post hole digger posted:the bubble is not 'about to pop'. the bubble popped like 4 months ago. A lot of it was just corrections for the open positions/consumption that was needed during peak covid.
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# ? Feb 25, 2023 19:36 |
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# ? Mar 29, 2024 03:29 |
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The Fool posted:https://twitter.com/burstofbeaden/status/1083137440120885248?s=46&t=-cv_KJW1O1sZKOJd49k1xQ this poo poo makes me think i should actually try and contact the belarusian state archives' media collection desk to request a copy of this obscure 1980s movie the film studio actually has it along with a bunch of other neat archival stuff (and a bunch of unfortunate modern garbage) on their youtube channel, but the copy there has a bunch of audio muted because the late 80s soviet union wasn't exactly proactive about obtaining international licenses (if they obtained any licenses) for american and british music in their film soundtracks
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# ? Feb 25, 2023 19:58 |