The Market Ticker
Rss Icon RSS available
Fact: There is no immunity or protection against The Law of Scoreboards.
Did you know: What the media does NOT want you to read is at
You are not signed on; if you are a visitor please register for a free account!
The Market Ticker Read Message in The Market Ticker
Top Forum Top Login FAQ Register Clear Cookie Logout
Page 4 of 5  First12345Last
 The Twitter Paradox
Tickerguy 190k posts, incept 2007-06-26
2022-11-20 09:19:43

Actually he has publicly stated he did no such review for "protected characteristics."

Which is THE CORRECT STATEMENT AND ACTION, as with something this large he WILL get sued and if he looked at (for example) race AT ALL he could be attacked. Now to "get" him you have to prove he actually DID when he says he didn't.

The difference between "kill" and "murder" is that murder, as a subset of kill, is undeserved by the deceased.
Djsnola 320 posts, incept 2009-03-16
2022-11-20 09:44:40

I cant imagine twitter will be located in the bay area for very long either. Most definitely he will move the headquarters to be near his other ventures in the Austin metro area.
Nocomment 14 posts, incept 2019-09-04
2022-11-20 10:49:47

we manage to
feed ourselves?

Dbigkahunna 477 posts, incept 2010-01-10
2022-11-20 11:21:42

I look at Twitter and wonder, what value does it bring? How is that value priced to profit the company? How many workers are needed to keep the lights on, pay the overhead and cover the profit margins?
I still do not understand how advertising pays all the bills with such high overhead. It is dependant on that advertising to peak interest enough to click on the ad, be informed or entertained enough to watch the ad and to then become interested oe excited enough to jump through the hoops to actually purchase something.
All I can think is America is a great country.

Blessed, Grateful and Living a Dream
Olddad 201 posts, incept 2019-08-22
2022-11-20 11:42:53

@Nocomment - That depends on how you spend your time. Learn, teach, practice.
Whitehat 11k posts, incept 2017-06-27
2022-11-20 11:49:25

Heard in a few places, including here that Muskovite required the coder monkeys to send in a sample of their shit flinging.

As a former businessman i know that evaluating such a sample is not possible on short notice. What was his game then?

Simple thing i would do when taking control of an operation.

Find out who is doing nothing. Found years ago that this hacks the PC (Now we say diversity.) hires.

They have little to nothing to show. Non-performance is alway a valid termination reason. Have done this many times. Those with a bit of something quit to a high degree as they might be nervous about getting shown as incompetent and also being part of the remainder who get "worked".

Over the years i have noticed that a significant subset of computer workers and many science and technical pros develop a certain arrogance selecting employment where they avoid constant flow work. Variety of reasons for developing this attitude not relevant to the current conversation.

Either way it becomes an integral lifestyle, lots of angles.

People such as Musk and me gravitate personally to focused productivity for ourselves and see benefits.

This has always been a sticking point for me as it becomes obvious in terms of effects on my society and my wallet and wealth.

Want something done?

Ask a busy person. Musk just did.

And us retired busy people figured out how the arrogant find ways of either working us or not working themselves all that much oftentimes to have time for other profitable activities those who gravitate towards and are otherwise called to constant flow work do not.

Yes, I have a list.

When my type gets the chance to even the score it drives us massively. People joked that my firm invented the undercover executive before it existed, probably true.

Perhaps i should consider coming out of retirement and helping out others in this mission.

Hint: if you have time to post on a blog like this during work time, we notice. And, this is why there are strict laws regarding break periods and meals times, etc. Why?

Because some of us know what is like to desperately need those times as a choice between eat or shit or do some other non-work activity. Yes, professionals you are not managing your investment portfolio or calling Realtors, whom you look down on (had to throw that in) when you are supposed to be banging code non stop, or working on engineering matters or any of the other primary paid functions of your primary profession.

Don't worry, we have many fixes for the on-call site people and those who run out of things to do.

Well i like working, perhaps a consult gig is in order. Hope that people like us don't take an interest in what you do.

Muskovite is a Narcissist, however i kind of like what he's doing as an overall societal trend.

smiley Je souhaite

Quod tu es, ego fui, quod ego sum, tu eris
Boredfree 925 posts, incept 2021-09-15
2022-11-20 13:36:26

An angle corporations may have been figuring into their support of Twitter is the platform was another way to soft sell to the public.

Corporations use 'influencers' to protect their meta identity and this was another platform to be exploited.


Screw them all Mr Hands!

The problem is most people want to point a finger rather than their thumb when dealing with challenges.
Rufust445 973 posts, incept 2007-08-11
2022-11-20 13:36:35

3-market-thinker wrote..
America just after World War 2 had over 50% of global GDP.
Back then 63% of manufactured goods in the world came from the U.S., primarily because the other two big sources of goods, Germany and Japan, had been bombed to smithereens.

"The stock market isn't bullish, it's bull$hit." -- Alan King
Bzelbob 348 posts, incept 2021-09-12
2022-11-20 15:15:50

She was so dumb that she would use a calculator to add things up and enter them into cells in a spreadsheet because she didn't know that the spreadsheet could do it for her.

She obviously needs clippy to help her:

Looks like she checked (almost) all the boxes!smiley
[✓] Diversity
[✓] Credentials
[✓] Dumb as a box of rocks
[--] Competence

"Threats are illogical. And payment is usually expensive." - Sarek of Vulcan
Fasteddie81 43 posts, incept 2017-05-11
2022-11-20 16:11:15

This is currently making the rounds.
I Lol'd.
Wayiwalk 575 posts, incept 2016-11-09
2022-11-20 18:08:08

Fasteddie -

I love the photo on the right because the guys dont have the polished smile that everyone in the photo on the left do, which suggests to me that they are generally too busy and results driven to even consider practicing such fluff.

The Lockdowns Will Continue Until the Morale Improves!

I keep thinking, "it can't get any worse" and then it does!
Rufust445 973 posts, incept 2007-08-11
2022-11-20 19:10:47

Bzelbob wrote..
She obviously needs clippy to help her:
Clippy can be a royal PITA. For what little spreadsheet work I do, the office suite that comes with the Linux system I'm using at this moment works just fine.

"The stock market isn't bullish, it's bull$hit." -- Alan King
Redjack 1k posts, incept 2018-01-29
2022-11-20 20:38:43

My old boss would always do the math by hand (not a calculator) because "Excel always makes mistakes!"

I manage in manufacturing. About 70% of my crew is needed, but the other 30% are there for when someone calls off, because by law I have to have them, or because they are connected.

Now with the labor shortage, some of the connected people are being made to work. They are PISSED.

It is killing me to do this job, I am working all the time, and can barely keep the plant going. But I do not know what I would do to make the same coin.

So I sock it away, and hope I can get the kids out of the house before it all goes bad.
Mannfm11 8k posts, incept 2009-02-28
2022-11-21 08:08:16

Someone had to run the million bots they had. When I was on Twitter, these bastards went after me and I would push back and go to Twitter jail. The first had 7 followers. I think they give you 7.

There is one area I think people miss, marketing. Burning electricity has to have a source of funds. I would think that a few hundred, at least. These companies know where you live by the ISP. You would think they would market like Google.

7500 times $100K is $750 million. They might be more costly when you add taxes and health insurance and the fact that no one can live much above poverty in parts of CA on $100K. Maybe $1 billion of dead weight. 20 PE, that is $20 billion in valuation.

The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Whitehat 11k posts, incept 2017-06-27
2022-11-21 08:08:44

@Redjack -- "It is killing me to do this job, I am working all the time, and can barely keep the plant going. But I do not know what I would do to make the same coin.

So I sock it away, and hope I can get the kids out of the house before it all goes bad."

All that i can offer to you is that i know this, understand it, and you will get through it. It is not going to go bad before yours are out of the house. Just be ready for when they are on their own and the wondering starts.

smiley Je souhaite

Quod tu es, ego fui, quod ego sum, tu eris
Mannfm11 8k posts, incept 2009-02-28
2022-11-21 08:08:53

I don't know what coding is, but I suspect they mean writing software. It isn't generally for a lower IQ person. I would have been good at it, had I taken that direction.

I had some basic Cobol and Fortran classes in college. It was relatively simple stuff like doing electric bills. Once you could put in the flow of logic, it was simple. Debugging mistakes, which happen from time to time is a big part, until one gets the hang of it. But, I suspect this is always going to be a piece of it.

The only programming of sorts i ever did was on Lotus. I was in insurance at the time and my partner and I let a guy who was building and selling PC systems hang his hat i our office. I was stupid computers and pretty much still am. I wrote some simple stuff and of course made my rookie mistakes. The computer guy was amazed at how good I was at it. Later, I quit insurance and got back into mortgages, primarily refinances. I drew up a Lotus program that would amortize several loans at once, showing how long it took t recapture additional discount points and generate the cost of the mortgages. I was doing no cost loans, using higher rates with negative points. The beauty of a no cost was if rates kept falling, you could do it again.

I found in this limited venture, there were 3 things you needed to know, if it worked, why it didn't work and how to fix it. What I was doing was simple, but it was complex as well, in that I was generating payment differentials and discounting them. At the time I was only 14 years out of college. I doubt I could do it today or it would take a lot of memory joggling. I was highly skilled on a 12C at the time. Being that the real code was within the program, it was likely out of my reach, because I wasn't educated in doing that. I taught myself Lotus out of the book and had the financial knowledge to create a program that showed real difference in 4 or 5 financial instruments.

Biden tells coal miners to learn to code, like they all possess the logic to do it and the mathematical knowledge that comes in from time to time. You get a guy of average intelligence in college, give them enough years and they can graduate, but it doesn't mean they actually grasp the knowledge. They can get a PHD for all that matter. It is done in education all the time. When I went to college, I was in a dorm until they kicked me off campus. I started mid semester. The guys that were there when I got there were still there when I left. Once in awhile, they asked me if I ever studied. I did from time to time, but it was late at night.

I suspect coding requires a minimum of a 110 IQ. That is high average and said to be intelligent for their peer group. 75.8% of the population is 110 or below. Only 2.1% is above 130, which is the area I have tested. That doesn't leave many coal miners in line to be good coders. Extracting them out of the top 8.5% of intelligence is difficult, if you need numbers, as there are a lot of jobs that require superior intelligence, many of which are preferrable to coding, so many have to fall to the high average 15.7% between 111 and 120.

How many people were hired at Twitter because of politics and not skills? When you realize only 8.5% have IQ's above 120 and another 15.7% above 110, why are colleges so full? I'm sure a 105 IQ can get a computer science degree, but what the hell are they going to be able to do in the real world? I would suspect a 110 IQ can make straight A's in high school and graduate in the top 10% of their class, which automatically allows them to get in a lot of good state schools, where they can struggle through and get the skin.

This is likely what happens all over and why they bring in so many Indians, in tech. A company hires so many that are incompetent and they keep piling them in because they can't do the work in front of them. If you can't do it, you have to wait for who can and just fuck off. If they get to work from home, all the better.

This explains a lot of things. Intelligence is determined early in life, likely be heredity and early life circumstances. Also, a man that is 40 years old that tests 120 is a lot smarter than a kid 25 years old. What has happened in the US is the need for highly intelligent people for hire far exceeds the supply. This explains why there are so many foreign doctors and tech people. Economic opportunities consume a sizable number, who go into business for themselves. If a company gets political, like so many social media companies, they hire politically, not economically. An Indian is just not part of the political scheme. Someones fraturnity brother or soriety sister is. Colleges have gone left, so that is part to the equation. Woke is baed on feelings, not logic, or their numbers would be few. This is tribalism.

Then we get to the colleges and universities. The lowest IQ people go into education, where they fit. A 120 IQ teacher would have a hard time reaching a 100 IQ student. I find that difficulty myself. 110 would give them some intellectual authority, but still in their universe. A PHD in education, who calls themselves Doctor is likely of average intelligence, but just stayed in school. The only exceptions are the high school math teachers, chemistry and physics. If you took those subjects, you might recall they were often eggheads and I think they are in short supply, depending on the level of math.

The point of this being, outside of low bureaucrats and teachers, most demand for education if for the top 25% and even more so the top 8% of intelligence. The system has convinced us you can throw money at education, put more students in college and exit high IQ people. What you can do is take a 40 year old average person, give them some remedial education and come out with something. Throwing money at kids, hoping by chance a few become geniuses, is bullshit. The same is true in local public schools and I think they know that and are just milking the taxpayers.

What is the old saying? You rise to the level of your incometence? I suspect today a lot of people come in there.

The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Loonster 2k posts, incept 2012-10-28
2022-11-21 08:09:35

The image @Fasteddie81 posted looks to be heavily foreign sourced. Digging into it a little.

Prior to the terminations, H1Bs made up 8% of the workforce. I wonder how many they will have after the layoffs.
Dxd1200 29 posts, incept 2021-05-01
2022-11-21 11:50:33

If you look at the first wave of targeted layoffs at Amazon you will see they are trying to unload SDE types in unprofitable verticals that are grossly overpaid. Starting pay for an entry level SDE is around $250k annually + a decent grip of RSUs. I am not kidding when I say it takes around 4 full-time SDEs to correctly code something as simple as a CTA button on a portal page. Bodies are just thrown at projects due to 'senior leadership' empire building. Amazon's promotion requirements created this environment - you can't be considered for a higher role unless you have X amount of headcount in your org. It's perverse.

Also targeted are the DEI nice to have types...People Experience team. Their function seems to be to manufactured outrage and grievances and then 'solve them' with inclusion best practices. Insanity.
Mjsmith 558 posts, incept 2011-12-08
2022-11-21 19:15:57


I like that "before & after elon" photo meme.

I'm not sure what message Lauren Chen thought that meme is saying but if taken as before & after pictures, the first thought that popped in my mind was, "of course if you trim the deadweight what other result would you expect?"

But I've seen some reasonably credible reporting that those two photos are just two random photos taken in two separate departments. The left being one of the foo-foo community something or other departments and the right the actual coding/engineering department.

So, yeah.

eta: It just occurred to me, if the bulk of the employee layoffs/firings/resignations were foo-foo employees working in foo-foo departments (which I'm thinking is likely the case), pretty much all before & after ways of interpreting that meme (even contradictory interpretations) are all probably more correct than not.

Reason: eta
Rufust445 973 posts, incept 2007-08-11
2022-11-21 21:29:56

Sonoran_monk wrote..
How many people work at Twitter? About half of them.
Nice catchy tune, I like it. In the style that earned Dino another nickname: The Eye-talian Hillbilly.

"The stock market isn't bullish, it's bull$hit." -- Alan King
Mannfm11 8k posts, incept 2009-02-28
2022-11-22 08:55:08

You got a thumbs up on that one Rufus. The other half are in the round room looking for a corner to piss in.

The only function of economic forecasting is to make astrology look respectable.---John Kenneth Galbraith
Fasteddie81 43 posts, incept 2017-05-11
2022-11-22 10:46:30

Yeah, the post from Lauren Chen was entertaining, although hard to tell the background of the photo on the left (with the crowd of 90% women and a few guys in the back).

All that said, Corporate America has been on a "Drive for Diversity" the last ~25 years, and it feels like it's really accelerated within the last 5-10 years or so. My experience has been that "Drive for Diversity" translates to "Put White Women in Middle Management."

Given the tales of Twitter's bloated ranks, I do wonder what the gender ratio is for those laid off, and for those left.
Rufust445 973 posts, incept 2007-08-11
2022-11-22 14:09:06

Fasteddie81 wrote..
My experience has been that "Drive for Diversity" translates to "Put White Women in Middle Management."
While trying to work with Ford as a supplier engineer, at one point I had to attend a weekly team meeting at the Ford engineering center. The meeting was presided over by an engineering manager, actually two women sharing the same job. One week Lisa was the manager, the other week Elizabeth was the manager. Both were mothers with children, and had cut a special deal in the name of "Diversity."

If an issue came up that was difficult to answer, the "manager" would defer it to the the following week for the other "manager" to field.

"The stock market isn't bullish, it's bull$hit." -- Alan King
Tsherry 11k posts, incept 2008-12-09
2022-11-23 06:28:31

All that said, Corporate America has been on a "Drive for Diversity" the last ~25 years, and it feels like it's really accelerated within the last 5-10 years or so.

When an aircraft departs controlled flight, it usually accelerates after loss of control, achieving or exceeding maximum speed for the airframe before the aircraft is turned into scrap metal and the occupants are turned into ground, burned meat. Sometimes the airframe comes apart due to the stress. Sometimes not.

Don't be anywhere near that aircraft.

This business will get out of control. It will get out of control and we'll be lucky to live through it. - The Hunt for Red October
Grf 1k posts, incept 2008-12-08
2022-11-23 06:28:45

The other 6000 employees at Twitter were all needed to process the zillions of requests from all the governments in the world for censorship/propaganda.

"Every time we on TF talk about God and gays, God frees a banker and gives him a bonus." --me
"Your farts are interstate commerce and if they want to stick a muffler up your ass they will do it." --B
Login Register Top Blog Top Blog Topics FAQ
Page 4 of 5  First12345Last