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wateroverfire posted:Wow. It costs almost 20x as much to employ union welders in Alameda county as it does to hire Slovenians. Not after these lawsuits! 
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May 18, 2016 21:10
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A. Beaverhausen posted:I've been seeing a lot of articles in my feed lately about "how the bubble isn't about to burst" "the unicorn problem will fix itself" "how this bubble is different" and it's coming off like denial for some reason. You don't say.
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May 18, 2016 21:18
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wateroverfire posted:Wow. It costs almost 20x as much to employ union welders in Alameda county as it does to hire Slovenians. Turns out the end result of hyper-aggressive cost cutting combined with an utter contempt for labor is
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May 18, 2016 21:23
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wateroverfire posted:Wow. It costs almost 20x as much to employ union welders in Alameda county as it does to hire Slovenians. I can't tell if this is trying to convey admiration at the cost savings or sympathy for the Slovenians
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May 18, 2016 21:40
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Cultural Imperial posted:What's changed is a bunch of hedge funds and VCs withdrawing their money because these companies aren't ever going to be profitable. But they don't care about profitability, just that they are able to sell their share of the company to make their money back and then some. But tech stocks got hammered this year, the tech IPOs that occurred were pretty underwhelming compared to the companies' VC valuations, Google Facebook and Apple have shown few signs of wanting to buy a bunch of unicorns, and a lot of companies had down rounds of fundraising. All that has spooked VCs greatly because it means they might not be able to find a greater fool to give them their profit.
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May 18, 2016 21:51
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eschaton posted:Turns out the end result of hyper-aggressive cost cutting combined with an utter contempt for labor is What's frustrating is there'd totally be room for a win-win. Like $12 an hour plus a dorm would be more than livable in CA, they'd spend some money here and then could still take the lion's share home. In the same way call centers in India are providing the 24/7 service we demand while creating a middle class lifestyle there, but nope gotta squeeze every last bit of marrow from the worker's bones! 
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May 18, 2016 21:53
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Cultural Imperial posted:What's changed is a bunch of hedge funds and VCs withdrawing their money because these companies aren't ever going to be profitable. Don't worry. I'm sure someone will disrupt the venture capitalist funding cycle soon.
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May 18, 2016 22:26
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Coolness Averted posted:What's frustrating is there'd totally be room for a win-win. Like $12 an hour plus a dorm would be more than livable in CA, they'd spend some money here and then could still take the lion's share home. In the same way call centers in India are providing the 24/7 service we demand while creating a middle class lifestyle there, but nope gotta squeeze every last bit of marrow from the worker's bones! The boss man does 40 hours a week + 40 hours unpaid overtime (because he is a tech nerd billionaire), so everyone in the company has to work 40 hours a week + 40 hours unpaid overtime. Duh.
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May 18, 2016 22:26
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I CANNOT EJACULATE WITHOUT SEEING NATIVE AMERICANS BRUTALISED!
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blowfish posted:The boss man does 40 hours a week + 40 hours unpaid overtime (because he is a tech nerd billionaire), so everyone in the company has to work 40 hours a week + 40 hours unpaid overtime. Duh. A week ago I was having a conversation about why tech wasn't unionizing, when I commented that Elon Musk seemed like the sort of employer that would have been machine gunning his workers a hundred years ago. No one at the table thought that was a controversial opinion, and Mr. Musk is doing his best to not dissuade it either.
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May 18, 2016 22:35
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ocrumsprug posted:A week ago I was having a conversation about why tech wasn't unionizing, when I commented that Elon Musk seemed like the sort of employer that would have been machine gunning his workers a hundred years ago. No one at the table thought that was a controversial opinion, and Mr. Musk is doing his best to not dissuade it either. To be unnecessarily fair, that's "only" because he comes off as the sort of detached robot weirdo who would think "worker units are malfunctioning: destroy and replace immediately"
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May 18, 2016 22:43
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Munkeymon posted:To be unnecessarily fair, that's "only" because he comes off as the sort of detached robot weirdo who would think "worker units are malfunctioning: destroy and replace immediately" "If other people are putting in 40 hours in a week, and you're putting in 100, you will achieve in four months, what it takes them a year to achieve." - Elon Musk, noted tech nerd billionaire who can work infinitely long with no loss in productivity It amazes me that he can trot out this bullshit repeatedly without getting called on it when there is a very well-known and prominent body of research showing the contrary
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May 18, 2016 22:49
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ocrumsprug posted:A week ago I was having a conversation about why tech wasn't unionizing, when I commented that Elon Musk seemed like the sort of employer that would have been machine gunning his workers a hundred years ago. No one at the table thought that was a controversial opinion, and Mr. Musk is doing his best to not dissuade it either. It's not Elon Musk but this tech recruiter rear end in a top hat is quite up front about his opinion towards labor: quote:Unsurprisingly, many people have called these views into question. And in response, St. John has doubled down on his philosophies with "Enslaving the Masses," an extended explanation of the ideas espoused in his original PowerPoint. The new piece outlines at length the idea that a victimhood mentality disempowers millennials to succeed through hard work, and that brutally honest and driven mentoring is the key to stripping millennials of their entitlement: "Kids can develop advanced computing skills at an early age very fast in the right environment (under a whip)." nachos posted:"If other people are putting in 40 hours in a week, and you're putting in 100, you will achieve in four months, what it takes them a year to achieve." Every young go-getter thinks they (and by extension everyone else) can work endless hours right until they can't, and burn out or have a nervous breakdown. E: I wouldn't be surprised if the insane lack of sleep people brag about operating on nowadays ends up being this generation's "tobacco doesn't cause cancer." We still know jack poo poo about the specific purpose and importance of sleep and people seem to think they can just blow it off or "optimize" their way out of needing it, as if not being a "super sleeper" that somehow only requires under 5 hours a night is a personal failing. Rhesus Pieces fucked around with this message at 23:33 on May 18, 2016 |
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May 18, 2016 22:56
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Musk is claiming on twitter that they paid the recruiter 55$ an hour for the workers, not 5.
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May 19, 2016 00:16
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Discendo Vox posted:Musk is claiming on twitter that they paid the recruiter 55$ an hour for the workers, not 5. e: I didn't read the article and thought he was working from Slovenia somehow. Private Speech fucked around with this message at 01:36 on May 19, 2016 |
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May 19, 2016 00:27
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Rhesus Pieces posted:This isn't exactly a disruptive tech breakthrough. My local Stop&Shop has a program that does the same thing and allows for either pickup or home delivery, and it's been around for a few years at least. Konstantin posted:Reminds me of grocery shopping in the early 20th century, you would go in, tell the clerk what you wanted, and they would get it for you. This isn't a new concept, it was abandoned the first time due to the amount of labor it required, as well as a massive increase in selection. That other stores also do this kind of thing isn't very informative by itself. Amazon beat a lot (and continues to beat) a lot of stores that sell things online, too.
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May 19, 2016 00:35
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Discendo Vox posted:Musk is claiming on twitter that they paid the recruiter 55$ an hour for the workers, not 5. That's probably what they were billed, yeah. I read a story about some consulting agency importing and criminally underpaying IT workers every few years, usually from India. They undercut the market a bit and pocket the massive difference.
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May 19, 2016 00:56
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Munkeymon posted:That's probably what they were billed, yeah. I read a story about some consulting agency importing and criminally underpaying IT workers every few years, usually from India. They undercut the market a bit and pocket the massive difference. I don't even know what happened  . Reading the article it does seem like something pretty dodgy was going on. I just wanted to point out that Slovenia isn't exactly what comes to mind when I think of an eastern European shithole someone would want to escape from. I've been there a few times, and it's a fairly nice place. Like why the hell would he move to the US to work for 5$ an hour? I suppose maybe there really aren't any jobs, but even then, why didn't he move to Germany, or Britain I guess if he only speaks English and that was a problem. I don't get it. Maybe he doesn't even speak English and just went with whatever the Slovenian company told him for Slovenian minimum wage. Even then it's a bit weird, and probably miserable for everyone involved (except Musk).Like, I don't get how he went along with it. Even if he's poor it's just, I don't know. I mean surviving in the US on what is literally Slovenian minimum wage? How is that not the craziest proposition no matter who you are. Maybe he just really didn't think about it, but still, it's really messed up. Private Speech fucked around with this message at 02:09 on May 19, 2016 |
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May 19, 2016 00:58
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Rhesus Pieces posted:E: I wouldn't be surprised if the insane lack of sleep people brag about operating on nowadays ends up being this generation's "tobacco doesn't cause cancer." We still know jack poo poo about the specific purpose and importance of sleep and people seem to think they can just blow it off or "optimize" their way out of needing it, as if not being a "super sleeper" that somehow only requires under 5 hours a night is a personal failing. I read an article not long ago which ranked sleep by social class. Working class people got the least sleep on average, no surprise when you consider they are probably working two jobs to survive, or in shift work that doesn't benefit a regular sleep pattern. And amount of rest per night increased as wealth went up. Almost as though rich people can afford to work less yet may be inclined to pretend to be super-productive. There's also been studies to show that children from lower socioeconomic status homes have poorer sleep, and are more susceptible to the effects of poor sleep than those from higher SES homes.
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May 19, 2016 01:01
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Plenty of c-suite types have very little separating work from lifestyle so it's not surprising they report long hours I thought about strategy, read some reports, answered email, dined with people, gave a presentation in a tropical getaway, etc; that racks up a lot of fuzzy time
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May 19, 2016 02:07
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Musk's quote insinuates you only need to put in a 100 hour workweek to get everything that month completed. If it was 'work a 100hr workweek then get the next three weeks off' that would be one thing. But if course we all know that's not the case. I'm just grateful my maximum allowed working hours are mandated by the federal government at my job and my Union negotiates that maximum even lower. Also overtime is voluntary which means only the people that want to work 50 hour work weeks do it. Everybody wins.
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May 19, 2016 02:21
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lancemantis posted:Plenty of c-suite types have very little separating work from lifestyle so it's not surprising they report long hours CEOs have been pretty routinely padding their hours with stupid bullshit for like...ever. An all day golf outing with your business partners counts as a day's work if you're c-level.
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May 19, 2016 02:37
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ToxicSlurpee posted:CEOs have been pretty routinely padding their hours with stupid bullshit for like...ever. An all day golf outing with your business partners counts as a day's work if you're c-level. I'm not sure what it means to pad your hours when you don't have an expectation of working a set number of hours in the first place.
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May 19, 2016 02:51
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Gotta pad your hours for the media puff pieces
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May 19, 2016 03:08
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nachos posted:"If other people are putting in 40 hours in a week, and you're putting in 100, you will achieve in four months, what it takes them a year to achieve." Has he solved the problem of diminishing returns? Truly he is a genius.
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May 19, 2016 04:18
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blah_blah posted:I'm not sure what it means to pad your hours when you don't have an expectation of working a set number of hours in the first place. When your employees start complaining that they're overworked you can just go "well I worked 75 hours a week last year. What did you scrubs do, hmm? Better give myself a raise for holding this company together."
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May 19, 2016 04:32
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My old boss would claim 12 and 13 hour days, which generally meant coming in at 9, taking lunch from 11-3 (which included a massage and generally a shopping trip somewhere), then he'd take off for dinner with the other c-levels at 4:30, and continue drinking with them until 10.
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May 19, 2016 04:38
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Panfilo posted:Musk's quote insinuates you only need to put in a 100 hour workweek to get everything that month completed. Yeah govt contracting is pretty sweet. In my field, get paid for each hour worked, whatever the amount, can't be compelled to work more hours over 40, and illegal to work from home.
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May 19, 2016 04:44
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At my job you always put 40 hours on your timecard but it's supposed to represent the percentage of effort per task not how many real hours you may have worked; you can't put more than 40 without permission
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May 19, 2016 05:54
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Bushiz posted:My old boss would claim 12 and 13 hour days, which generally meant coming in at 9, taking lunch from 11-3 (which included a massage and generally a shopping trip somewhere), then he'd take off for dinner with the other c-levels at 4:30, and continue drinking with them until 10. Office-work, procurement and client outreach. Not bad.
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May 19, 2016 06:16
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lancemantis posted:At my job you always put 40 hours on your timecard but it's supposed to represent the percentage of effort per task not how many real hours you may have worked; you can't put more than 40 without permission haha what the gently caress do you get to check off on your current week's spirit animal?
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May 19, 2016 06:18
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lancemantis posted:At my job you always put 40 hours on your timecard but it's supposed to represent the percentage of effort per task not how many real hours you may have worked; you can't put more than 40 without permission So you're supposed to ask permission from the boss to give 110% because it costs payroll more money?
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May 19, 2016 06:35
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Panfilo posted:Musk's quote insinuates you only need to put in a 100 hour workweek to get everything that month completed. Let's be honest. The practical application is that Musk and those cargo-culting after him want to pay 1 person to do the work of 3.
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May 19, 2016 07:04
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Liquid Communism posted:Let's be honest. The practical application is that Musk and those cargo-culting after him want to pay 1 person to do the work of 3. Everyone wants this. From Musk on down to the unpaid internships on Craigslist that just happen to involve 40 hour workweeks and expert level skillsets.
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May 19, 2016 08:10
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Rhesus Pieces posted:So you're supposed to ask permission from the boss to give 110% because it costs payroll more money? There's no law that says you can't give 100%+ in 40hrs. or less in one work week. Quality not quantity. Is this mentality reaching Scandinavia/ Northern Europe? It seems like the work culture there wants you to work as efficiently as possible at your time in the office and then go the gently caress away.
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May 19, 2016 08:22
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Private Speech posted:Ignore what I said here before I read the article and he really is Slovenian. They're still sitting at close to 17% unemployment in some areas like the mining town the guy was from. Allegedly he was promised 25-30K annually (plus housing) originally to work on the east coast in a more rural area doing construction when he signed on only to be told the plan had changed right before traveling. Poor guy also had a pregnant girlfriend back home.
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May 19, 2016 08:27
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Any word on whether these scumbags are also holding the workers' passports "for safekeeping?" It wouldn't surprise me.
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May 19, 2016 08:55
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ocrumsprug posted:A week ago I was having a conversation about why tech wasn't unionizing, when I commented that Elon Musk seemed like the sort of employer that would have been machine gunning his workers a hundred years ago. No one at the table thought that was a controversial opinion, and Mr. Musk is doing his best to not dissuade it either. Imagine if the IT department of a company like Amazon or Google went on strike and shut down the servers for weeks.
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May 19, 2016 09:37
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Unguided posted:Imagine if the IT department of a company like Amazon or Google went on strike and shut down the servers for weeks. Whatever happens, we have got The Maxim gun, and they have not.
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May 19, 2016 09:53
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So Theranos just invalidated 2 years of test results. Wall Street Journal article which broke the story (may be behind a paywall) Apparently it's unprecedented in the medical field to blanket recall tests like that; they may recall an individual type of test (calcium or whatever) but never all the tests. Like how automobile manufacturer sometimes recall cars because one part can malfunction, but never because all of the parts can malfunction. Though the real funny thing is that many of the tests were not run on their revolutionary Edison machines but on regular competitor's machines, and they still hosed up.
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May 19, 2016 10:44
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Theranos' technology doesn't work and never has worked lol.
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May 19, 2016 10:49
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