Summary: Venezuela just lost its oil.

India has a huge fake jobs problem. I think it is because of the number of "HR consultants" who constantly need to refresh their databases with "fresh" resumes. I've seen the same jobs being posted for over 8 years with no change whatsoever other than the keyword updates.

That's a funny mechanism. So these are fake jobs that HR consultants (recruiters?) use to harvest resumes?

What's the angle here?

They can submit those resumes to other positions.

This type of recruiter often is paid based on # of resumes furnished, not actually filling the position, so the incentives are completely misaligned.

That's fine IF tech stays out of politics, but that's not the case anymore. US tech bros are buying themselves policy with this administration.

If tech is influencing politics and consequently, all of us, why should there be an asymmetry when the tech plebs want to talk politics?

I see a similar theme with most techbros or rich VC groups. They say they dont like politics but they move fast to influence policy by buying influence. See what's happening with Trump and the tech companies.

What tech connected leaders really hate is the plebs being informed and having an opinion on policy. I see the same thing with the All-In podcast. All round glee on that podcast with things that negatively impact the working classes.

Billionaires are for billionaires while controlling the media.

Its really interesting how this stories about "getting somehow richt with a startup" seems to be more portrayed on social media than on classic media?

I guess this is because on classic media, you have limited slots for sending - on social media, everybody can broadcast (youtubes slogan was "broadcast yourself", IIRC, for a long time?)

This allows those shows to be produced at nearly minimum costs - and since this is content is viewed by a lot of people, the creators see that "inviting the next rich guy" drives traffic & clicks, Id say?

Atleast in Europe there are some basic rules around data collection. In places like India, linkedin is a free for all vacuuming up resume data. I've seen the same jobs on linkedin appear for nearly 4 years with no changes and hundreds of people applying every week.

You cant flag it on linkedin either. I guess LinkedIn's business model likes the fake job postings.

I think devs have now split into two camps, the kvetchers and the shippers. It's a new tool, it's fresh. Things will work itself out over the next couple of years/months(?). The kvetching helps keep AI research focused on the problem which is good. Meanwhile continue to ship.

This is why I document my ideas and then go for a walk. It also helps me stay within the quota limits.

No joke. The quotas are good for humans! It's the new "my code's compiling". https://xkcd.com/303/

I dont think any opinion right now is going to be definitive. This is like mixing paint, the edges are still white, while the centre is colored.

What Iam seeing is that customers are delaying purchases of large expensive software. Prime example; SAP. ECC migrations to SaaS model RISE/GROW-PublicCloud are stalling, same with onprem S4 to RISE. I see a whole bunch of my customers instead go with retaining the core but modernize surround apps with intelligent custom apps without feature bloat. For now, SAP/oracle/whatever remains the system of record, the edges are going away. I guess the same is likely happening in other spaces.

This change is coming. Definitely. The current moats around SaaS will fall and the alternate ecosystem might not have moats at all.

Google's interface, UX and information flow is complete spaghetti. You never know what you will find and where. There is no one you can call either. I suspect they abandon their products because 50% of potential customers abandon their cart due to the workflow.

Between the RAM shortage and the forced migration to Win11 along with a forced HW upgrade, I'd start shorting MS asap. This bit about lack of adoption of Copilot is just icing on the cake.