Skip to content

A fake Facebook event disguised as a math problem has been one of its top posts for 6 months

Technology
169 71 73
  • AI Job Fears Hit Peak Hype While Reality Lags Behind

    Technology technology
    16
    1
    73 Stimmen
    16 Beiträge
    66 Aufrufe
    S
    The company I work at has an AI-related job freeze. At the same time, AI is in the evaluation phase in the company and hardly anyone uses it for anything really. There are surveys, and they all say that AI can help a little bit in some niche circumstances, but that for most of the work it really does nothing. Also, the AI evaluation is entirely driven by some curious employees and doesn't really have anthing to do with upper management. In fact, upper management doesn't want to pay the AI subscription fees.
  • YouTube is getting more AI.

    Technology technology
    11
    1
    38 Stimmen
    11 Beiträge
    47 Aufrufe
    E
    Yaaaaay! Said no one.
  • 64 Stimmen
    4 Beiträge
    7 Aufrufe
    U
    Weird headline. Is it the city making this recommendation, or the... Despite universal opposition by the dozens of residents present at the meeting, commissioners voted to recommend changes to the city’s zoning laws to allow data centers in areas zoned for light industrial use and to rezone a 700-acre property from agricultural to light industrial to accommodate the construction of a hyperscale data center.
  • 376 Stimmen
    51 Beiträge
    25 Aufrufe
    L
    I believe that's what a write down generally reflects: The asset is now worth less than its previous book value. Resale value isn't the most accurate way to look at it, but it generally works for explaining it: If I bought a tool for 100€, I'd book it as 100€ worth of tools. If I wanted to sell it again after using it for a while, I'd get less than those 100€ back for it, so I'd write down that difference as a loss. With buying / depreciating / selling companies instead of tools, things become more complex, but the basic idea still holds: If the whole of the company's value goes down, you write down the difference too. So unless these guys bought it for five times its value, they'll have paid less for it than they originally got.
  • All About Backplane Board – Share, Learn & Discuss!

    Technology technology
    1
    2
    0 Stimmen
    1 Beiträge
    9 Aufrufe
    Niemand hat geantwortet
  • How the US is turning into a mass techno-surveillance state

    Technology technology
    66
    1
    484 Stimmen
    66 Beiträge
    180 Aufrufe
    D
    Are these people retarded? Did they forget Edward Snowden?
  • 74 Stimmen
    10 Beiträge
    40 Aufrufe
    C
    Time to start chopping down flock cameras.
  • CrowdStrike Announces Layoffs Affecting 500 Employees

    Technology technology
    8
    1
    242 Stimmen
    8 Beiträge
    36 Aufrufe
    S
    This is where the magic of near meaningless corpo-babble comes in. The layoffs are part of a plan to aspirationally acheive the goal of $10b revenue by EoY 2025. What they are actually doing is a significant restructuring of the company, refocusing by outside hiring some amount of new people to lead or be a part of departments or positions that haven't existed before, or are being refocused to other priorities... ... But this process also involves laying off 500 of the 'least productive' or 'least mission critical' employees. So, technically, they can, and are, arguing that their new organizational paradigm will be so succesful that it actually will result in increased revenue, not just lower expenses. Generally corpos call this something like 'right-sizing' or 'refocusing' or something like that. ... But of course... anyone with any actual experience with working at a place that does this... will tell you roughly this is what happens: Turns out all those 'grunts' you let go of, well they actually do a lot more work in a bunch of weird, esoteric, bandaid solutions to keep everything going, than upper management was aware of... because middle management doesn't acknowledge or often even understand that that work was being done, because they are generally self-aggrandizing narcissist petty tyrants who spend more time in meetings fluffing themselves up than actually doing any useful management. Then, also, you are now bringing on new, outside people who look great on paper, to lead new or modified apartments... but they of course also do not have any institutional knowledge, as they are new. So now, you have a whole bunch of undocumented work that was being done, processes which were being followed... which is no longer being done, which is not documented.... and the new guys, even if they have the best intentions, now have to spend a quarter or two or three figuring out just exactly how much pre-existing middle management has been bullshitting about, figuring out just how much things do not actually function as they ssid it did... So now your efficiency improving restructuring is actually a chaotic mess. ... Now, this 'right sizing' is not always apocalyptically extremely bad, but it is also essentially never totally free from hiccups... and it increases stress, workload, and tensions between basically everyone at the company, to some extent. Here's Forbes explanation of this phenomenon, if you prefer an explanation of right sizing in corpospeak: https://www.forbes.com/advisor/business/rightsizing/