darth_avocado
https://www.newyorkfed.org/research/college-labor-market#--:...
https://livehandbook.org/higher-education/miscellaneous/inte...
So people are trying to understand when you say you don’t see American undergraduates anymore and that it’s all internationals.
[1] https://livehandbook.org/higher-education/miscellaneous/inte...
Is that true? And if it is true, why is that?
Pointing to free games on Epic and non usage tells you that people don’t want Epic. Doesn’t tell you why. Nor does it tell you whether people continue to stick with Valve. And that is the point in my original comment.
If Valve isn’t good, you can’t just say people won’t go for another better option “just because”.
> A former Epic Games developer is calling out Steam users, saying that they wouldn't move on from Valve's store even if a better alternative emerged.
Second para:
> Kiaran Ritchie, former principal animation engineer at Epic Games kicked off discussions surrounding Steam's 30% sales cut last week (with the assertion that "you could vibe code a Steam alternative in a week"). Which in-turn led noted Steam hater Epic CEO Tim Sweeney to assert that "Valve has held gaming back for years" – because the person whose company proudly asserted it had "vibe coded the Epic Games Launcher" knows what's holding gaming back!
Third para:
> Ritchie elaborated on their opinions on the 30% cut in a separate post, with the post saying that while developers are paying 30% in order to access Steam infrastructure, "in reality it is purely to get access to the massive Steam userbase." He adds "PC developers have no option but to distribute through Steam or lose the vast majority of sales."
Curious, where does it answer my question in the first paragraph? Could you elaborate?
Valve also allows non exclusive distribution on PC. Games don’t have to launch on steam exclusively. Why do others not capitalize on that?
Seems like it’s mostly a “grapes are sour” argument pointing to valve and saying they’re greedy enough to allow us to profit.
I don’t know what you picture when you think of India but a median 3 bedroom apartment in Mumbai costs about $400k and in Bangalore it’s $200K. And these won’t be the desirable neighborhoods nor newer apartments. After taxes on $180K after 2-3 years, you’d mostly be able to afford a tiny rented apartment for a few years but that’s it.
Example: https://www.theguardian.com/us-news/ng-interactive/2026/oct/...
You are begrudging someone’s salary. Nurses make 500k by working overtime. You know why they work overtime? Because it’s cheaper for the hospital than to hire 2 nurses. The problem isn’t the nursing salaries. It is the administrative costs that make your healthcare too expensive. Why do you think single payer reduces healthcare costs?
PS: median nursing salaries are still under a $100k. The numbers you pointed to are not the norm.
I don’t like this framing because since 1990, 5% is on the higher end of the interest rates. [1] That is the entire lifetime for an entire generation of people, Millennials and everyone after. We can’t point to the “golden old days” and pretend that once upon a time interest rates were high so, it’s okay and people need to “remember” things were different. The entire economy has restructured since 1990.
Also, the Volkner move in itself was a deviation from the norm, not the norm itself. Some parts of 70s and 80s was the only time we saw unusually high spikes, but before that 5% again was on the higher end. Are we saying the boomers in the 60s were also spoiled by low interest rates for decades?
[1] https://www.macrotrends.net/2015/fed-funds-rate-historical-c...
Eveyone has a backlog. What happens when you clear it in a month? Do you suddenly have better ideas about what you want to build? Do you suddenly have better intuitive designs? Do you have more users or the same users using the product twice as much? In most cases, the answer is no.
AI gives you the speed to execute when you need to, but knowing what to build and how will still remain a bottleneck.
Again, you added nothing and are suggesting I was wrong on some facts? Can you point to my comment that you responded to provide the fact that I was wrong about?
> First, you’re conflating revenue and profit, which is kind of unforgivable in this context
Err I am not? Seems like you’re intentionally misrepresenting what I’ve said.
> this is just where you like to emotionally vent may I instead recommend Reddit
Seems like you’re the one intentionally or unintentionally engaging in a Reddit like discourse. In sister comment you say Elon Musk was the only investor in Twitter which quick Google search will tell you is incorrect. I feel you need to hold yourself to the standard that you accuse me of not having.
While you’re right in that the platform has its uses, other companies cannot do the same. Which is why it’s important to talk about objective success metrics. Sure if you want to fire 80% staff at Microsoft and have a transformation where they only cater to half the user base then they can do it. But they will also not be taking in the same profits as before.
As for this:
> Twitter as a company was doing quite poorly leading up to the acquisition
This is objectively false. 2020 revenue for Twitter was $3.71B while 2021 came in at $5.07B. The company was on a growth trajectory and path to profitability.
In fact, after the acquisition, the ad revenue dropped by a lot. https://www.businessinsider.com/x-revenues-plunged-months-af...
All of this is public information.
I’ve heard this claim many times and is not backed by any more evidence than “it works on my machine”.
If the company really did continue to operate in the same manner, it wouldn’t have been worth 80% less in 2024 (https://www.cnn.com/2024/10/02/business/elon-musk-twitter-x-...), nor would it need to be rolled up and financially engineered into being part of an AI company that then gets rolled into a rocket company.
It has been losing users, safety standards have dropped and overall the platform is worse off than before. There’s a reason why no other company has done something similar with their employee counts.
If you think bullshiting and networking are the only things that matter, then I believe it’s your pessimism that’s talking.
In a class of 100, if 50 decide to learn things and 50 decide to complete assignments using AI without learning, I’m willing to put money behind the idea that more people in the first group will do better in life. Of course there will be exceptions because there’s a lot more in life beyond competence, including luck that influences outcomes.
Half the class was cheating in Ion Stoica’s OS class even when the whole thing was supposed to be a group effort. Like how are you cheating when you’re already working in groups of 4?
2. Shelter accounts for roughly 34% of the CPI, whereas it makes up only about 16% to 17% of the PCE which underplays the pressures of housing people face. Housing arguably is one of the most basic necessity and people will spend on it. For majority of the people in the country housing as a % of income is the biggest expense, so weighing it at 16% sounds almost ridiculous.
3. PCE also famously isn’t based on household surveys like CPI which means it doesn’t accurately represent the actual inflation either.
4. PCE also doesn’t accurately represent lifestyle downgrades even though it tracks them. PCE will capture if you swap chicken for beef (like people are doing right now) but the conclusion you’ll come to is that people have the same amount of spending power as before.
Having to ship AAA games isn’t the problem. The problem is the incessant need to only focus on live service games so that they can milk their consumer left and right. Studio executives come in with unrealistic sales expectations, which then means you can only try and make games that have a live service component to generate a constant revenue stream, which then means you can’t make good games anymore. You’re either making games that are similar to other and get lost in the crowd or are forced to differentiate by promising something that’s never done before, which adds scope, risk and budget to the game.
If you noticed all AAA failures in recent times, almost all of them were live service games. Meanwhile the single player market seems to have finally recovering from the neglect it’s gotten in the last decade.
Also, look at the BioWare successes and failures. They did well when they did single player games, failed when they ventured into live service.
Why though? Why are we so afraid of accountability? Because this is what people point to when trying to deny things are true: ThErE iS NO EviDeNce, sHoW Me THe StUdY, etc. etc.
Would you be willing to drive one if the engineers at ford were all fired and an almighty agent who kinda did the almost right thing most of the time was designing the black box?