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Business, Economics, and Tax Policy 8: Bezos Takes Over the World

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Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Yeah, I've been avoiding wading into the Twatter swamp on that one. Lots of reasons why offshoring the software dev grunt work isn't that big of a deal. What's more concerning is that they thought they didn't need senior developers to properly architect the solution and oversee the offshore resources, which IS a standard best practice that it sounds like was thrown out the window in the name of cost-cutting.

Also $9/hr USD is firmly upper middle class in India. They definitely weren't outsourcing to some IT sweatshop that's hiring greenhorns from a 4-week bootcamp who can barely write a prod-ready "Hello World!" script and have no idea what coding standards or version control are.
 
...What's more concerning is that they thought they didn't need senior developers to properly architect the solution and oversee the offshore resources, which IS a standard best practice that it sounds like was thrown out the window in the name of cost-cutting.

Also $9/hr USD is firmly upper middle class in India. They definitely weren't outsourcing to some IT sweatshop that's hiring greenhorns from a 4-week bootcamp who can barely write a prod-ready "Hello World!" script and have no idea what coding standards or version control are.

This makes absolute sense. I should have given a little more thought before captioning the article.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Yeah but $9/hr in India being upper middle class doesn’t mean a ****ing thing when it comes to skill level relative to $160/hr American programmers. There’s a reason we don’t outsource our chemical reactor programming overseas.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Yeah but $9/hr in India being upper middle class doesn’t mean a ****ing thing when it comes to skill level relative to $160/hr American programmers. There’s a reason we don’t outsource our chemical reactor programming overseas.

inshalla
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Yeah but $9/hr in India being upper middle class doesn’t mean a ****ing thing when it comes to skill level relative to $160/hr American programmers. There’s a reason we don’t outsource our chemical reactor programming overseas.

Generally true. Doesn't mean that experienced offshore resources with good supervision and proper requirements are useless on mission critical projects though. The MSM is just dying to sensationalize something they don't know dick about for clicks.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

The MSM is just dying to sensationalize something they don't know dick about for clicks.

Whenever there is a news story about something I know firsthand or have professional expertise in:

1. they emphasize all the wrong things
2. they get basic facts right but leave out or misunderstand advanced facts
3. they are stenographers for non-informed actors who are projecting support roles (LEO, political, corporate)

I don't think these are deliberate biases or conspiracies. It is the freight cost for delivering news quickly and in an entertaining way so more than already knowledgeable people will consume it (and buy beer and cars).

Think of the news as those "Kids News" glossies when you're in elementary school. It's not that it's evil, but if anything is interesting to you then it's the beginning of your own research path.
 
Yeah but $9/hr in India being upper middle class doesn’t mean a ****ing thing when it comes to skill level relative to $160/hr American programmers. There’s a reason we don’t outsource our chemical reactor programming overseas.
Because your market is apparently not competitive enough to compel you to cut your costs in this sensible way? Coding is a commodity - you may as well be bragging that your company ensures all its workers wear US-made shoes. If your testing is rigorous enough (as it is in aviation), it doesn’t matter who did the coding - it either passes the testing or it gets fixed until it does.

The coders didn’t code the thing wrong - they coded the wrong thing.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

<blockquote class="twitter-tweet" data-lang="en"><p lang="en" dir="ltr">“Stocks Cap Best First Half Since 1997” <a href="https://twitter.com/WSJ?ref_src=twsrc%5Etfw">@WSJ</a> Our Country is doing great!</p>— Donald J. Trump (@realDonaldTrump) <a href="https://twitter.com/realDonaldTrump/status/1145540071384375297?ref_src=twsrc%5Etfw">July 1, 2019</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Shareholder economy. **** labor.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

MAD magazine is ceasing publication of new material and stopping newsstand sales.

Though I haven't read MAD in decades, it was an important part of my youth.

https://www.bbc.com/news/world-us-canada-48865342

It hasn't been the same since the 70s. Man it had a great run, though. There was a good long stretch when Mad was the most intelligent publication in the country.

<img src="https://www.madcoversite.com/sung263.jpg" height="666">

(Song works just as well for American immigration politics in 2019, too. Plus ca change.)
 
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Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Interesting.......

‘Race also played a central role. Minneapolis is among the most segregated and unequal cities in America, a fact at odds with its self-image as a tolerant and diverse community. The gap between white and black homeownership is the widest in any of the 100 cities with the largest black populations: 75 percent of whites own their homes, compared with just 25 percent of blacks.‘
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Interesting.......

‘Race also played a central role. Minneapolis is among the most segregated and unequal cities in America, a fact at odds with its self-image as a tolerant and diverse community. The gap between white and black homeownership is the widest in any of the 100 cities with the largest black populations: 75 percent of whites own their homes, compared with just 25 percent of blacks.‘

That is interesting--and surprising. Milwaukee is awful, and I'd assumed Mpls was much better.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

There might be some other factors in play here. Minnesota has an extraordinarily large Somali population and a fairly large fraction are first generation. I’m just not sure that study paints an accurate picture.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

Eh it’s beem around for a while. Problem is more north side than cedar riverside if I recall.
This is why the 2040 plan came about.
 
Re: Business, Economics, and Tax Policy 8: Bezos Takes Over the World

I remember the story when it came out. I just think it doesn’t accurately account for the influx of first generation immigrants who have always had some difficulties in things like homeownership. I’m glad they’re addressing it though. They’re a good community and very friendly.
 
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