732900+ entries in 0.406s
decimation: yes,
this is
true, and
thus most managers are simply born
mircea_popescu: management doesn't yeild as well
to
the scientific method, sadly, and spitefully.
mircea_popescu: competent managers are always in short supply. engineers used
to be, but 500 years of systematic how-to-twerk videos have managed
to squeeze an astonishing amount of butt out of
the ass.
decimation: this probably causes most engineers
to have contempt for
those over
them
decimation: in
the us it is very difficult
to find
these 'captains of industry' who are leading
the exploitation. management
talent is lacking more severely
than engineering
talent
mircea_popescu: i personally
think a grown man should possess a working knowledge of both fields, at least enough
to make him conversant in either.
mircea_popescu: in a sense, if one finds himself bored in
the laser lab and looking at
the stars, one should switch from solid state
to large body physics
mircea_popescu: <decimation> right, I get your point, but in
the context of
today
the problem is
that bezzle-finance has made
the job of resource allocation niegh impossible << yes,
tis
true, but also somewhat unrelated
to
the issue of engineer pay.
decimation: as would be
the case in any
time or place I suppose
decimation: as we have covered before, what
this ends up doing is favoring
those who in
the wot of
those who control
the printing press
decimation: right, I get your point, but in
the context of
today
the problem is
that bezzle-finance has made
the job of resource allocation niegh impossible
truffles wonders if any1 is following
this rant
mircea_popescu: you rule compared
to roman engineers 2 millenia ago, and suck compared
to derpistan engineers of 4015
mircea_popescu: and it's not harder
than any other. if all we have are shitty engineers, are htey not worthy or less worthy of pay ?
decimation: I don't deny
that allocating resources is hard work worthy of pay
decimation: except
there are also who? whom? questions
mircea_popescu: the people answering how-questions don't need (or want)
the
tools used by
the people answering what-questions.
mircea_popescu: decimation looky :
there are
two
types of questions before mankind. one
type reduces
to what ?
the other
type reduces
to how ?
decimation: this whole "the ceo should get 1% of
the business" deal is something
that happened in
the 80's with
the increasing bezzle
mircea_popescu: resources still have
to be allocated, somehow, by someone/thign.
mircea_popescu: there's also money-flat, like what most people
thing of "dollars".
these are used
to buy groceries with.
decimation: except, old republicans would point out
that
the managers used
to not consider
themselves worth of % of
total business money
mircea_popescu: there's
two kinds of money see ? money-%, like btc.
that's
the money used by
the people who allocate resources.
☟︎ mircea_popescu: yes,
this is
true. but
they are not managers,
they're not
the sort of people who play
the resource allocation game.
thus
they have no business handling money as a % of
total supply.
decimation: well,
this is why rents in sv are already astronomical
mircea_popescu: what other effects would you expect, except for rents being in
the 20mn a month range ?
decimation: except as I pointed out awhile ago,
there are only 300k EE's in
the us
total
mircea_popescu: suppose
tomorrow
the agreement was
that no engineer working in sv is paid under 350mn dollars a year.
mircea_popescu: if you overpay
them
the bezzle-usd just runs into inflation.
decimation: I agree it is rational from
their perspective. And clearly,
there are loads of engineers and "engineers" who are ready
to signup
mircea_popescu: in
this sense
the rate-control agreement of
the employers in sv is quite rational and in effect socially beneficial
☟︎ mircea_popescu: people who aren't in
the business of control (such as engineers, say) wouldn't -logically- be paid enough money
to go into 2nd category.
mircea_popescu: anyway, i suspect
the earlier lengthy discussion about money conflates
two different uses of
the
thing.
decimation: Mr. Fasbit is very proud
that you can be short as well as long
mircea_popescu: <mikaeldice> So,
this guy who said
that people who put money on an exchange are stupid sheep and
that
the next MtGox fiasco 'is coming' is now opening his own exchange. << which guy ?
mircea_popescu: <kanzure> kids out of school are making $90-$100k in
the bay area <<< sure. but
the 10 year veteran is not making 5-10mn.
MisterE: considering how we
treat each other
MisterE: not
that
they were fit for college before enlisting
MisterE: few soldiers come off
the front lines fit
to enter college
MisterE: best
thing about
the GI bill is
they can let
their kids use it
MisterE: no only
the slow lumbering ones
MisterE: truffles: I would just request a flame
thrower
MisterE: healthcare is so-so if you're not messed up
too bad
truffles: id sign up
to fight in a zombie apocalypse situation for sure
MisterE: yea GI Bill (too bad an education is worth so much less now) and
the home loan are good
MisterE: unless
they can work for a private contractor
MisterE: for many of
the same reasons
they go into
the military
they are screwed when
they come out
truffles: one of u painted vets as having a rosy
time of it, not
the reality for most afaik
MisterE: one
trumped up conflict between now and passing of a budget and
that is all out
the window
MisterE: history is not on
the side of downsizing
decimation: assuming you lack a competent
technician, it would probably be $1000's
truffles: yea seems clear
that downsizing is imminent
MisterE: by
the
time congress hacks it up military spending will increase
decimation: "The Pentagon is also mounting a new attempt
to cut
travel costs. Specifically,
that effort will reduce per diem rates for
troops on extended
travel. It will also eliminate reimbursements for laundry services, bottled water and other ?incidental? expenses. Officials could not immediately provide details of
the new per diem rates."
ozbot: 2015 budget released: How
the cuts affect pay, BAH, per diem and
Tricare | Military
Times | military
MisterE: can barely stop QE without blood all over
the floor it's a shaky house of cards
truffles: guess we will see in
the coming years
decimation: not
to mention it employs most of
the scant 300k electrical engineers
total in
the us
MisterE: US can not afford
to downsize
the military industrial comples jobs program
MisterE: heh you seen
their budget? is it downsizing?
truffles: <MisterE> now with middle class in
the dump it's looking better and better>>>
to join
the US military?
kanzure: why didn't DPR blackmail
the fbi?
MisterE: now with middle class in
the dump it's looking better and better
MisterE: it's eithe rthat or
the streets
MisterE: the most common is
they have nothing else
MisterE: there are many reasons people join
the military
truffles: thought u had
to be contracting
to get decent money
decimation: with
the possibility of converting
to a well-paid contract position upon 20 years of "service"
decimation: 27 year old with a wife gets $2800
tax-free per month
kanzure: they actually make out ok depending on whether or not
they dump it all into a corvette
truffles: but ppl sign up
to join
the military daily..
truffles: not
that id sign up for a job of u know e.g. killing ppl