juve1996

Only if they always do the right thing, which we know they won't.

Seems to be accurate. The fact is there is a need for 5/5 competent managers but it's unlikely to find 5/5 competent managers. Just as there are 10x devs and 1x devs.

> I don't know why it is this way at my org, but the IT director does not want to talk to PMs, Devs, or Analysts. He would rather have a top level circle of senior managers who insulate him from the actual work.

To me this makes...sense. A general doesn't meet each individual field soldier, it's not feasible and doesn't scale.

Not sure what kind of firms people on here work for, but most of my managers all the way up have 0 life at all. They're constantly working dealing with millions of little details where they have to make an instant decision. It honestly looks like hell.

It's a better iteration but doesn't solve the core problems of VR/AR.

Another product that only exists when cash is cheap and you can continually con VC. Not anymore. The underlying product simply doesn't provide enough value to justify $10!!! a month, and that's on sale.

> You're right that we've never seen the effects of raising everyone's wages at once.

We just saw it - a year ago - and it coincided with the worst inflation in decades. Look at the 80s - same thing - high inflation and high wages go hand in hand. They're not to blame, per se, they're just a clear indicator of inflationary periods of time.

Of course it is nonsense to solely blame pandemic relief (vs years of cheap cash and PPP loans) for inflation. I don't think you give the American people enough credit. They're not stupid drones going around. They want to buy things, and they didn't care that it cost more. Companies caught on quickly (like anyone else would.) Compound that with the fact that most conveniences are staffed by wage slave jobs that most americans would turn their noses up at, then you have rich people waiting in long lines at McDonald's as opposed to cheaper options.

> The source of the problem isn't wages, it's greed and until the source of the problem is addressed and dealt with every consumer, rich or poor, is going to suffer for it one way or another.

No one is saying that wages are the source of the problem. They may contribute a small piece. In any case, railing against "greed" borders on the mythical. Why is the voracious apetite of many american consumers not considered greed, as well? Moral crusades have no place here, in my humble opinion.

You make an assumptions that is false. 1. Minimum wage increases != wage increases. It's a small subset. The poorest of the poor is never the problem.

> Every consumer has some idea of what things are worth and if a company tries to jack prices up for no reason consumers feel cheated and stop paying.

The recent inflation proves otherwise. Many costs have remained sticky for no added benefit. If this was true then we would never have inflation - because the inflation the last 2 years has been so extreme that your belief should have come to pass without any help and much earlier when the supply shocks subsided.

> Then as the supply of goods came back they started using the inflation narrative (complete with "printed money" excuse) to justify further increasing prices,

This just proves the point further - consumers continued spending despite the rising costs. But now you'll say they're only now started to feel ripped off? Seems awfully convenient for your argument, but isn't consistent. What is consistent is that raising interest rates have helped somewhat.

The fed is doing the right thing and yes it impacts wages as it impacts other asset classes. Again, if your eggs cost 300% more but your wages increased, it doesn't matter, in the end you're still likely losing.

> Because no one would actually be better off. Prices would instantly double. It's just a change of units, like going from getting paid in $ to getting paid the same amount in ¢.

This is so basic but so many people miss it. I have continually explained this to my parents. It doesn't matter how good your 401k is doing if it leads to eggs being $12 a dozen in your retirement.

It's definitely easier to say no in a corporate setting. You have way more options than someone in academia. It's really hard to transfer and your higher ups control pretty much everything.

The US government has been around for quite some time. The British pound, longer. It will take hundreds of years to compare to that level of resiliency.

It's not the trolley problem because in the trolley problem both outcomes are clear to the decider.

No, the problem is cost. The medical professional part is secondary because no one wants to pay for hypochondriacs who think their cough at 25 is stage 4 lung cancer based on webMD research, because getting a full body scan is expensive. If it was cheap then it wouldn't matter.

> Is it worse than death?

Sure, why couldn't it be? Maybe it has severe, painful side effects. There's a reason many people with stage 4 cancer and low chance of survival decide not to go back on chemo. Maybe it kills them earlier than expected. Then what?

I think this is spot on. Most people want to grow up, but they simply can't. They can't afford the same lifestyle without far more debt inducing schooling, both parents have to work, housing is unaffordable, our congress and presidency is filled with ancient people who have no idea how an iPad works, so policy is far behind the times.

It's no surprise many people just...gave up. There's nothing to latch onto or own - everything is blocked by someone who already got theirs.

Yea, effort estimation is a waste of time much like building a piece by piece project plan of anything.

The key is workflows, like how buildings used to be built. You just keep working on it - no stupid schedule that fails immediately once one little detail to follow goes wrong. Building accurate plans never works and it takes ridiculous amounts of time.