Comment by notNow
11 years ago
Watch it when capitalists pushing incessantly people to learn coding. They're trying very hard to cut the costs of their input "materials" and they will do everything that they could to devalue us in every way possible.
So, if you're a talented and competent dev, be super aggressive with these predators and take everything your hands can grab before they have the upper hand and show us their true colors.
Happy Coding!
This is a really ugly, selfish attitude. It's like opposing literacy because it will put pressure on jobs for those who can read and write. It's circling the wagons around people who had the privilege and opportunity to learn these things before everybody else.
Agreed, we need more Bloomerg articles that increase the supply of financial and negotiating skills.
> It's circling the wagons around people who had the privilege and opportunity to learn these things before everybody else.
The underprivileged Bloomberg readership.
http://www.forbes.com/sites/venkateshrao/2012/09/03/entrepre...
"...the balance of power between investors and entrepreneurs that marks the early, frontier days of a major technology wave (Moore’s Law and the Internet in this case) has fallen apart. Investors have won, and their dealings with the entrepreneur class now look far more like the dealings between management and labor (with overtones of parent/child and teacher/student). Those who are attracted to true entrepreneurship are figuring out new ways to work around the traditional investor class. The investor class in turn is struggling to deal with the unpleasant consequences of an outright victory..."
This sounds contradicted to the mathematics/empirical/quantitative observations. Startups built on texting two alphabetic characters are attracting million dollar financing rounds. Startups based on erased timeouts of texts are declining 3 billion dolllar acquisition offers. VCs are trying to get deal flow by building the reputation of being the most helpful to entreprenuers. Interest rates are at historic lows and hundred billion dollar pension and mutual funds are pouring money into every 1st to 3rd tier vc to chase returns. tl;dr...this sounds like some bs.
The privilege level of Snapchat's founder would place that particular example closer to the investor segment. Quantitative observations can be complemented by fundamental analysis. tl;dr the articles provide 10 pages of relevant context.
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I don't see that... or rather, if it's true here it's true to a significantly greater extent in most other industries.
Money continues to be available, and often lots of it. It's available on better terms than most others in most other professions can even imagine receiving.
To put it bluntly: in most industries you are meat and own nothing and never have any chance of owning anything. This has been the condition for nearly all human beings who have ever lived, today and in the past.
There are also more alternatives to VC today: larger angel rounds, crowd funding, etc. It's also easier to bootstrap since everything (but people) has fallen in price. Those two things together have made the funding environment more competitive for VCs -- they have to offer more value or compete at the higher end.
Let us keep the sacred arts secret, brothers.
EDIT: Just being sarcastic. You are clearly incompetent, coasting along in your job, and afraid of someone with 6 months of experience being better than you.
Seems to have worked well enough for doctors and lawyers. They're unionized (through the AMA and ABA), upper-class professionals who command much more respect from the general public than we do, and whereas our salaries tend to max out at around $150k, theres can easily exceed $500k (in the case of medical specialists or law firm partners).
Hmm. Yeah, I don't know. Its possible to make substantially more than $150K as a high school drop out software engineer. And of course there is these days a cash out option for some.
I'm okay with giving respect to someone who spends 7 years in school - 4 + 3 for law school, or more in the case of doctors, to learn to be professionals in their field. And I have no qualms with what they make either.
The AMA and ABA aren't labor unions; outside of government service -- where programmers are also often unionized, too -- doctors and lawyers generally don't have labor unions.
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Everything I've heard about the lives of doctors and lawyers says that by and large (discounting the handful of percent of outliers) those professions make living on welfare or working at McDonald's for minimum wage look like brilliant career moves. I wouldn't look to them for models of how to do things.
I do, mind you, think it is a good idea to encourage programmers to improve their negotiating skills and understand a little about business and politics.
And you are an idiot.
Capitalists only want to reduce unnecessary costs, not all costs.
A programmer is more like factory equipment than a factory worker. If a company invests in superior equipment, they can produce better quality products and net higher profits.
If we're going down in the name of efficiency, the managerial and legal professionals are going first.
In this industry it seems that product success is only loosely related to product quality.
The accountants are in even bigger trouble than the lawyers, fwiw.
Watch it when capitalists pushing incessantly people to learn coding. They're trying very hard to cut the costs of their input "materials" and they will do everything that they could to devalue us in every way possible.
Did you actually read this article? The article doesn't aim to teach Bloomberg's audience (which consists of VPs, SVPs, and managers, as implied in the first couple of paragraphs) how to code or replace the average developer.
This is egregious if you replace "coding" with "writing" or "reading".
Historically, any perceived detriments of mass education have been significantly outweighed by benefits.
That's true, but it's also true that you can only add so much stuff to the syllabus, and then there'll be too much school.
You've got to draw the line at some point. Why not draw it at boring computer stuff that barely anybody needs to know?
Capitalists want people to be generally happy. Happy people buy more things. People who have useful well-paid jobs are generally happy (and can buy more things). Everybody knows that there will be huge drop in available jobs next few years, but software development skills will still be in high demand. Hence, capitalists want more people to learn how to code, so they could keep their jobs, so they can be generally happy and buy more things.
Capitalism _is_ profit-oriented, but happy people bring more profit.
Indeed. Labor costs.