robotcapital
Joined 4 years ago
Joined 4 years ago
1. Working out in the open
2. Dogfooding their own product
3. Pushing the state of the art
Given that the negative impact here falls mostly (completely?) on the Microsoft team which opted into this, is there any reason why we shouldn't be supporting progress here?
Given that increase in demand, I'm curious how UBI would affect the supply side. My first thought is that it would negatively impact supply since there would be less efficient allocation of people to supply-related jobs. Unless I'm off here, I struggle to see how increased demand and decreased supply wouldn't impact inflation.
[0] https://www.pewresearch.org/politics/2024/05/23/views-of-the...
Is the act meant to be anti-Tech, or anti usage of tech?
Also, what’s the argument for Facebook killing newspapers? Craigslist was siphoning off a main source of newspaper revenue for papers long before Facebook arrived. Would you also argue against the end result of moving on from local classifieds sections?
Anecdote here. I've been a senior manager at small, medium, and large (ie FAANG) tech companies over the past 20 years and I've never run into this. Teams make a case for the budgets they need and those are approved (or not) based on the finance team's overall guidance and the return on investment. I'd be curious if others have have actually seen this "use it or lose it" mentality for budgets in practice.
> And (I'm theorizing here, I know little of management layers) I'm confident that a manager's wage is a percentage of a department's budget. Therefore, it's in their interest to use up and ask for more budget constantly.
Again, not my experience. Like you say, this would create perverse incentives which would quickly become apparent to a company's overall finances.
I don't doubt these sorts of policy mistakes have happened at other companies in the past, but I'm doubtful that they're pervasive, or even common, in the tech industry.