Was having a discussion the other day with someone, and we came to the same conclusion. You used to be able to make yourself useful by doing the easy / annoying tasks that had to be done, but more senior people didn't want to waste time dealing with. In exchange you got on-the-job experience, until you were able to handle more complex tasks and grow your skill set. AI means that those 'easy' tasks can be automated away, so there's less immediate value in hiring a new grad.
I feel the effects of this are going to take a while to be felt (5 years?); mid-level -> senior-level transitions will leave a hole behind that can't be filled internally. It's almost like the aftermath of a war killing off 18-30 year olds leaving a demographic hole, or the effect of covid on education for certain age ranges.
Not disagreeing that this is happening in the industry but it still feels like a missed opportunity to not hire juniors. Not only do you have the upcoming skill gap as you mention, but someone needs to instruct AI to do these menial/easy tasks. Perhaps it's only my opinion but I think it would be prudent to instead see this as just having junior engineers who can get more menial tasks done, instead of expecting to add it to the senior dev workflow at zero cost to output.
They also take an absurd cut of developer income and saddle devs with costs that they don't always want. (Selling on Steam? Valve takes 30% and forces you to moderate the forums on your listing page that you cannot opt out of.)
They also have an internal culture that's been fairly regularly criticized as being pretty uncomfortable for women and minorities.
Valve has done some cool stuff, but let's not lionize them too much. They are probably better than an average company, for sure, but it's important to remember that they are also sketchy in some very gross ways as well.
https://www.latimes.com/archives/blogs/company-town-blog/sto...
1. If this is a dinner party (or people are all seated), force people to get up and move in a way that they'll meet new people. Do this when you're about 2/3 of the way through the party. Some will complain - do it anyway.
2. Plan 1 (ideally 2) interludes. It can be a small speech, moving people around, changing locations, having people vote on something, etc. For whatever reason, they make the night more memorable.
3. Do your best to make introductions natural and low-pressure. Saying things like "you two would really get along" can put pressure on people - especially shy ones. Bring up something they have in common and let them chat while you back away.
4. Go easy on folks who cancel last minute. They often don't feel good about doing it and you don't want to add more stress to them or yourself.
5. More music != more fun. Some music is good, but if people can't hear each other, turn it down.
If you're interested reading more about this stuff, read The Art of Gathering by Priya Parker.
"To contribute to an HSA, you'll need to be enrolled in an HSA-eligible health plan, also called a high-deductible health plan (HDHP)."
[1]: or so it seems, I tried to figure this out earlier in the year and the data is just lacking in order to make a perfect decision.
Wow that's a great deal MSFT made, not sure what it cost them. Better than say a stock dividend which would pay out of net income (if any), even better than a bond payment probably, this is straight off the top of revenue.
- The USD is definitely losing value. That also means stocks from US companies would be cheaper from a foreigner's point of view.
- That means it represents good investment opportunity as long as the fundamentals of those companies are not affected too much (e.g. AI companies not directly affected by workers' raid, or pay tarrifs). Nothing is contradictory here.
1) flight from USD assets given views that one cannot depend on US assets as safe havens
2) central banks increasing gold holdings
3) purchases by Chinese investors as they have few places to invest their money
4) concern around debt levels deficits and democratic process ability to fix this
5) concerns around central bank independence, and hence inflation targeting, being undermined for political motivations
I have personally bought a lot of gold after having been a long term US equities investor because of its risk-off and zero duration nature. In a world of stock bubbles, high valuations, and general economic uncertainty, leaning risk-off has been where I currently feel comfortable. In a world of inflation being in zero duration is a sensible place to be.
I keep seeing this but then I also keep seeing the opposite: https://finance.yahoo.com/news/foreigners-buying-us-stocks-r...
Left for 2.26 years, it will overflow.
When it does finally overflow, we get "minus" time and the game breaks in funny ways. I did a video about it: https://youtu.be/f7ZzoyVLu58