Ones who are under 16, but are smart enough to intentionally extort drivers on the main thoroughfare to T. Rowe Price and Legg Mason’s headquarters lol
They are all actually pretty intelligent individually, and they come up with some pretty clever things to get into. A bunch of them come from rough homes, and they are usually taking the cash home to support their family, even at 15. They are supposed to be in school, but they skip to go squeege because they don’t feel like the things in school are relating to their struggle. They have tried the regular 16 year old jobs, but that doesn’t pay enough to cover their struggling mom and siblings. Instead of losing out to low wages and income taxes, they find it much easier to pick up a squeege from a gas station, and start making some instant cash in tips.
These kids are super smart lol. Pressure breeds diamonds. They know how to hack the Lyme scooters and ride around and commit crimes. They know how to scam you out of your cashapp balance. And they really know how to download and build burner handgun kits from Defense Distributed :(
"slightly less valuable than expected" is not "worthless"! The hyperbole bubble is getting exhausting. People really want to talk a crisis into existence. Are they bored?
Yeah I think ADP has one account at the East Piscataway Chemical Savings and Loan. If that bank failed the same thing would have happened to ADP. Rippling definitely didn’t expose themselves to excessive risk for no reason other than their inexperience.
Well I’m sure that one guy will be able to change the course of history to suit his job situation. It’s going to happen so you had better go with the flow. Become water.
In the US, people's jobs effectively justify their existence. Smugly saying mid or late career professionals can "become water" when their entire career category faces collapse is the most patronizing thing I've heard in a long time. That's a non-recoverable blow to many smart, capable people. There's a big difference between demanding we stop the wheels of progress to protect a few people and saying we owe the masses being crushed by them some harm reduction. Of course society on a whole will profit. But, the rust belt shows that the platitude about people deemed professionally unnecessary just "figuring it out" merely comforts the people turning those wheels.
Not all that long ago people on this very site were super enthusiastic about the prospect that my job would very likely be taken over by the robots.
Because, you see, the robots didn’t need to be perfect but merely fractionally safer than the humans.
Now all I see is No True Scotsman arguments on why the current crop of AI won’t take away their jobs and, ironically, my job is pretty safe due to Tesla’s tomfoolery causing blowback from the feds.
Yeah, it's pretty bizarre. So many people who become incensed by businesses profiting from being shitty to customers are gleefully just dumping the clutch without looking for people in the crosswalk. Maybe literally if the car is driven by an algorithm. I'll bet they could whip up a lot of macho, patronizing personal-responsibility-based arguments in support of being able to mow down the slower pedestrians at crosswalks though.
Remember how the universe works? It doesnt care about the well-being of individuals. Thats just a fact of life. Demanding equality of outcome was always an illusion, doubly so in the face of big changes.
Demanding equal outcome is very different from saying we shouldn't kick the chair out from under someone and say it's their own fault. Homo-sapiens didn't become the dominant species on the planet because people were stronger, more aggressive, or greedier individuals. They thing that made them better was cooperation.
So that's a fact of life? Families don't work like that. Military organizations, governments, and and sports teams don't work like that. Businesses don't work like that internally. Well, not successful ones. Sears actually tried that and promptly collapsed within a decade-and-a-half of pointless infighting and undermining. The fact that you think that's a natural state of the economy and not a deliberate choice proves how great the propaganda has always been for lazzais faire American capitalism.
What a ridiculous thing to say. People's brains become less plastic over time and the longer we stay in one specialty, the less we keep up with unrelated tech and knowledge. Intelligence had no bearing on whether a late career radiologist could pivot into a totally different category of job if deep learning eliminated the need for the only medical career they were qualified to do. As a long time developer, it blows my mind how common this hubris was among my colleagues. As depressing as it will be to see the overwhelming majority of software developers rendered obsolete by progressively more sophisticated code generation tools, I will be glad to see the naive arrogance in the software world taken down a few hundred notches. It's an industry full of people convinced that they are too smart and useful to get left behind. Lol good luck.
Only someone who claims to have all the answers would make such bold incorrect assumptions about who I am and what I know. The demand for my specialty is waxing, I'm likely safer than most work-a-day software developers, and it's my third career. Don't talk to me about becoming water in my career and life. I also don't think that lacking my brain plasticity and marketable cognitive profile should disqualify someone from easy access to food, housing, and health care. So if that body of water drains into the ethically feeble sewer of self-absorbed SV business culture, I'll opt for evaporating on a rock instead.
Or rather than blaming people who are getting stepped on for getting stepped on, the rest of us can:
a) Admit socioeconomic mobility has plunged in the US, so when you're down, it's a lot harder to get up. Stepping on people to climb to the top was always a scumbag move but now it's a lot more consequential than it used to be.
b) Recognize that absolute meritocracy is a myth. People lacking socioeconomic status and/or one of the "it" cognitive profiles don't have the same opportunities for growth, especially when young, which changes your whole career trajectory. That is not something you can change no matter how watery you are.
c) Realize that people are intrinsically worthwhile and dismissing them as collateral damage for your profit is immoral.
d) Recognize our moral obligation to create a just society and act on it.
I know it's a lot more convenient to pretend the people you're walking on are part of the floor but that doesn't make it true. Homo-sapiens didn't become the dominant humanoids by being stronger, more aggressive, or greedier-- we were able to cooperate. That concept is anathema to SV business practices.
Nailed it. These are about the conditions of your existence and the dignity of your profession, not how much you are being paid.
A worker might get paid $1,000 in compensation every time an executive hits him with a baseball bat, but it doesn't make it okay. You might later increase the payment to $3,000 per blow. But it is still assault, even though that is a lot of money to be earning for a job that anyone can do.
I'm truly curious why you perceive the parent comment to be sexist? Apart from using "her" pronouns, I don't perceive any mention of gender... What am I missing?
I don’t know if your are just ignorant or if your are intentionally misleading people but this system is widely abused. A stock sale can be schedule in your plan at the end of every month and you can elect to cancel a planned sale at any time. The CEO used exactly this type of sham plan to unload his shares. Look at the plan he filed this year and the plan he filed every year for the last three years.
> A stock sale can be schedule in your plan at the end of every month and you can elect to cancel a planned sale at any time.
Canceling a 10b5-1 is not in and of itself a violation, correct, but it can kill your affirmative defense as it jeopardizes the good faith element.
However, they would have had to have entered into the 10b5-1 prior to them coming into material nonpublic information in the first place for it to have been valid at all. My point is they made the decision to sell before they knew what was happening and filed a compliant trading plan.
