cnorgate
Joined 15 years ago
Joined 15 years ago
The better question to ask is whether you will be happy living out the twilight of your life on a government controlled amount of money. This amount will likely always gravitate toward the prevailing poverty line. Unlikely to lead to a truly comfortable existence. Definitely not enough to live in any high COL location. Average monthly benefit in 2017 was ~$1,300, and MAX was $2,687 [1]. ~$15-$30K will cover the basics in most lower COL parts of the country, but not much more.
[1] http://time.com/money/4644332/maximum-social-security-benefi...
"Because the state’s constitution bans any reduction in worker retirement benefits, the government’s pension costs will continue to rise as it faces pressure to pay down that debt, a squeeze that has pushed Illinois’s bond rating to the precipice of junk."
While it's nice to suggest that Wall St. doesn't create any value for people, ~20% of our GDP would suggest otherwise. The truth is that Wall St. acts much like Adam Smith's invisible hand. For our system to work, capital must be allocated to optimal uses. Command economies do a poor job of this, except in war time. Wall St. helps us reallocate capital to the most productive endeavors. That sounds pretty valuable to me. Even if the folks on Wall St. don't build your car, they did pool the capital necessary to finance the construction of the manufacturing facility. Can't have one without the other.
As a final point, if the 'caring class' isn't compensated enough, perhaps it's because there is an oversupply of 'caring folks'. Or perhaps they're not really creating any value for others? Perhaps some of the 'caring class' should get creative and find other ways to be caring, or perhaps they should find ways to provide more 'care' with their time so they can command a higher share of the value they create?
When organizations are small enough, the whole team performs those functions together. As you grow it makes sense to have someone double down and own those responsibilities. Though this doesn't absolve engineers of the need to understand customers and help paint the product vision.
Perhaps the better question is 'Where did all the non-technical-purely-business-MBA PMs go?'
The answer is that it is likely a disappearing breed. An MBA won't teach you how to build great software or lead technology teams, so it's foolish to believe that someone with such credentials would be a natural fit to come lead a software organization. Good PMs I've worked with can have a conversation about the technology stack as easily as they can debate a marketing strategy. Great PMs these days need to span the entire 'company stack' if that makes sense.
Lastly, if you don't know why a given role exists, then it's probably because you haven't worked with someone great in that role. There are a number of roles in tech companies I found less useful until I met someone who had mastered the craft - when I saw them in action, it became clear why the role existed and how they could perform a certain function infinitely better than I.
As a last thought, I worked at Intuit a while back and I'm not sure they are a 'shining star' of PM training. They have done a good job of 'marketing' themselves that way, and they are an example of a company that typically has 'less technical' PMs in their organization. This is because Intuit is more of a 'marketing / business' driven organization. This contrasts with Google who is known to favor promoting engineers into the PM role. Neither model is 100% - the ideal is probably somewhere in between.
I like it.
I also noticed you guys are up in Toronto (my original hometown). If you want more candid feedback from someone in the market for furniture, or if I can help with anything else silicon valley related (I live in SF). Let me know.
The Climate Corp is one of the best companies I've worked for - the combination of great (and smart) people, mission, vision and real world impact are hard come by. If you're interested in learning more, I'd be happy to chat anytime.
http://en.wikipedia.org/wiki/Grant_Study
Yes, they were all white males. Not a great study if they were trying to definitively answer the question for everyone in America. But to suggest the findings have no broader applicability would also be short sighted.
http://www.calnewport.com/books/sogood.html
Enjoy
Regarding the issue of 'natural beauty' in the world, I see it on a micro-level when I go to a lake in the summer that was once pristine but is now overrun with seaweed due to Nitrogen runoff from farmer fields. I see it on a macro level when I read about things my children's generation might never enjoy, like the beauty of a coral reef.
At the end of the day with so much 'pseudo science' thrown around from fringe scientists, all anyone has is an 'opinion'. You now have mine.
Raised in Canada. Living in the Bay.