vania-janet/multiturn-rag-retrieval-data huggingface dataset:
"Not necessarily. Especially if your business model is founded on a free internet.   Take Netflix. In the short term they might make enough in tax breaks to pay for the ""fast lanes"" that ISPs want to charge. But what happens when the ISP decides to just bar Netflix entirely, because they are a competitor?  They don't even have to block them, they could just intentionally throttle Netflix to a degree where the service is unusable.   So consumers are sitting there with crappy quality coming from Netflix, but that Spectrum app is expanding and streams just swell.   That's where it is headed if net neutrality is killed. If Netflix doesn't see this then they are blind. And it isn't just Netflix either, it's any service that competes with an ISP's other companies.   In order for these tech companies to continue to enjoy success, they need net neutrality. Or failing that, a legal requirement that all ISPs cannot have other businesses besides being an ISP. Or true competition in all marketplaces for high speed internet."
If what you say is true (I don't know anything about them, I very rarely buy electronics that aren't computers), then the market should make short work of them. Which it appears to be if they're doing rounds of layoffs.
To build a $100M business, you need to become a 0,1% of Airbnb size and wait until it grows by ~3 times (assuming its $31 valuation) or goes down. And you will go down together. To much risky be any platform dependent, huh?
&gt;Sounds like bullshit. Silicon Valley is largely research and development, not manufacturing. Saying that you'll replicate the success of software engineers earning $120k a year by bringing in more $50k a year manufacturing jobs is misleading at best.   Today it is largely research and development but a few decades ago there was a production manufacturing capacity to it that was by in large far greater then what remains today.
"I'm not sure these are all good e.g. ""Facebook: A Friendster for college students"".  What's the point of describing one company with another? Especially one that is smaller? And it used to be just college students, but not any more."
"I have mixed feelings, this seems to only be possible because the margins on AWS subsidize the entire rest of the business.  Amazon is going to continue crushing competition, but in what seems like an ""unfair"" way.  I'm very worried that in another 10 years we're going to be living in a world with very reduced competition up the entire supply chain."
I don't know that any other company will ever have as much free cash as Google or Apple, so it's kind of hard to say it's easily repeatable. Without so much cash, would another firm be able to do as much? That's what I'd like to know.
As my business partner likes to say, *don't bark at a barking dog*, it's just not worth it.  The unfortunate thing about finance is people who *know what something is* thinks that's the same as *knowing something*. It's become pretty absurd at this point with everyone I've interacted with in the industry over the years. And everyone all too defensive of whatever it is they think they know.  Tesla does not earn an accounting profit. Absent any adjustments, they are negative cash flow as well. But it's one of those rare cases where adjustments absolutely have to be made - as they are material. The business relies heavily on outside capital but a lot of it is the result of growth/capex decisions, as opposed to ones made for survival. We don't have the same set of books that capital providers get from Tesla - the ones that show you what you're looking for in this argument - but I can assure they do clear a net positive cash at this time in their history, before their aggressive expansion plans are put into effect.  We have a cool facebook community that I help run. 2,000 people or so. Used to get into the weeds on stuff like this, but lately they've all been infected by crypto. I sort of just sit on the sidelines now. That is your true job security - your competition getting attracted to shiny things.
Realistically, no, I can't really say that for certain, but generally, if two groups are paying such vastly-different amounts, its due to one group having either a stronger negotiation arm, or one group being large enough that their volume is highly desired.  Apple fit all of those.
Watch for Walmart to buy Blue Apron or the same time of businesssoon. Probably Blue Apron because the yare gonna be prime for buying the next year.   I know people are all on the Amazon taking of the world bandwagon but losing sight at what Walmart is doing is dumb because they are far more primed to do so. Just my two cents though.   EDIT: Also Amazon stock is insanely over priced and inflated while Walmart is right at the point where you want to jump that bandwagon and ride the wave to being rich.
"Well, you might want to remember that their ""enormous customer base"" is likely mostly made up of fake accounts. Also, if people are stupid enough to hand Facebook all of their personal info, and then attach payment information on top of it, allowing Facebook to definitely say that the user who said they just had an abortion is definitely Sarah Conner because they have a verified credit card on file... Well, that's going to backlash pretty heavily when loans and jobs start hinging on your Facebook profile, which they already do in some cases. That's basically the wet dream of social media and it's why Google+ tried to force ID verification of accounts. Currently they have all this data but can't definitely say it connects to a specific person."
Yes and very very few people get accepted to those prop shops. I work at one of the ones you listed and this year we didn't even bother looking at applicants with under 3 years of trading.    And even with bonus, this year many people are not hitting 100k for first years. Before it was true, but not that much anymore.
Well to be fair, I cashier at a whole foods right now (just finished college, still just taking it easy) and it has way more traffic than any other grocery or retail job I've had. They're not really that expensive, depending on what you buy, and plenty of people come in to shop. So while, as the other reply mentions, you may not be the demographic, there is some clear potential for Amazon to do well here.
That's like saying a nuclear bomb isn't so bad because a campfire also could be dangerous. The scales are completely different. Your example might slightly affect an industry in a certain market. Amazon will shake the foundations of one of the largest industries on an international level.  I'm not saying it's bad, I'm saying your use of an anecdote is. It rational.
"they make their money by serving weight loss ads and selling virtual coins so people can ""win"" at farmville. their business model is virtually absolutely dependent on the grace and prosperity of Facebook. its a bubble, and it shouldn't surprise anyone.  the fact that society considers what zynga does as valuable is almost in and of itself an argument that modern capitalism is rotten. i don't consider them industrialists, this overvalued IPO is a scam based on a fad supporting lowest common denominator advertising."
"I""m at an incredibly fast growing startup in Austin, TX, [Socialware](http://www.socialware.com)... Seriously, what is this insanity about 100 hour work weeks?  They'd very quickly see diminishing returns if a death march would initiated, followed by a developer revolt."
I apologise, I'm not implying they won't make it into the industry. I believe Apple, Google, Amazon, Tesla, and/or Uber will all have major stakes in that market. The issue is, only 1 of those companies manufacturers cars. Even if Apple or Uber have the customer base to make the vehical cloud work, they aren't car manufacturers and will need to buy someone's self driving cars. Ford appears to be one of the few traditional car manufacturers that understand this. They're all messing with self driving cars, but they're the only one I'm aware of trying to pivot to being a mobility tech company.
If that means keeping your job a year or two more, I can see most truckers taking that bargain to side with Walmart so.  Amazon and their delivery drones certainly won't be loyal to truckers anyway.  You can trust incompetency (comparatively) won't change over night and backstab you at least
That is what you are getting at, unless you're completely wrong and just being stupid, but I'm giving you the benefit of the doubt. And while that tangent is true, it's irrelevant to the meat of the conversation, which is that the traditional methods of advertising, things like pay per click and number of impressions, things like adwords and facebook's ""boosted posts"", all of that is going away. If you rely on those things for your revenue stream you better start looking for other sources of income today because in a few years those streams will be completely dried up. You can listen to me, because I am an expert on this technology and this culture which I have been using for 26 years, or you can convince yourself that you know better even tho we both know you do not. I don't know why it hurts your pride to get advice from someone who knows better than you, but that's my guess at why you and others are so defensive about this particular subject, that and because it's your bread and butter. I'm warning you, NOW is the time to look for other income generators, not 5 years from now when the entire advertising model is dead. (5 years is a guess, it could be sooner, it could be later, it will be.) I suspect you're also afraid that you won't be able to find a new revenue model, but I think that fear is unfounded. People are creative, and have been inventing new ways to make money since money was invented. I'm telling you now is the time to do that, you should be thanking me."
There are a few issues: 1. Googlers', FB's et al (Brin&amp;Page, Zuck, Sandberg) image as world saviors (pledging money, cancelling death etc...), while they finance hedenostic idleness. 2. These are public companies, so I guess this decadence is funded by public money. So there is a huge issue - especially when scores of people go unemployed.
look at the law cases won and the legal journals. Labor is at a disadvantage and that includes even strong UNIONS including software engineers in WISCONSIN. Governor Walker. PS. child labor is LEGAL in PRC or communist china. called an internship. dead end job in factory or even in GAME TESTING at the internet center. a kid, two computers and two mice clicking at various spots to make the system crash is called - FREE LABOR IN TESTING. see recent HBR harvard business review articles on effectiveness and NO CORRELATION with time schedules or OVERTIME schedules. PS. much of the silicon valley 'stock options' or the PREFERRED STOCK FOR FACEBOOK sometimes results in valuation of ZERO cash. But, you the programmer feels like an owner and even rich. Facebook is an illustration, but could apply to other orgs.
I do not think the CFA is enough to land you a job. From what I have read, most well respected institutions demand someone to either be an experienced hire or currently doing their undergrad/MBA.   Searching WSO is the best way to get good answers for these kinds of questions as I am only an undergrad and my experience is mostly in economic research.
"It's not as hard as you make it out to be.  To be honest, if you took a 37k job out of school you may not be good at selling your skills, your skills ate lacking, or you took a sub optimal job out of school and that's held you back  ( a bad position for too long can truly hamper your prospects a while - recruiters can only draw conclusions based off your history).    I'm a nobody and i have fielded ""those"" offers from the bay area.  Didn't graduate top of my class from a ""carnage Mellon"".  Didn't even grad with a CS degree (still sciency).  But your absolutely correct it's about selling yourself.  If you don't know how to talk your way through multiple rounds of moderately difficult technical interviews it'll be hard to get those jobs.  I'm not here to boast.  I'm here to say it's not the unachievable goal many think it is.  I now make near the upper bounds of your senior range in the midwest.  Only 4 years exp."
Good for you.  That's where it's at.  Hell, I've thought about doing the same.  But, if someone wants me to work in Manhattan, I'd take no less than $250k per year.  I'm not saying my work is worth that, but it wouldn't be worth it *to me* for anything less.  Although, if there's one group of people *more* loathed than beltway bandits, it's investment bankers.  Probably, if it all came down, people would gladly spike both our heads.  Really, I don't expect the zombie apocalypse anytime soon.  But, it's an enjoyable escape!  Edit.  I wasn't a B.  I was an A.  Maybe, just maybe, I have some experience with SOF.  Christ, people think that Tier 1 operations are some kind of shadow magic and that SOF are fucking ninjas.  Operations are about keeping things simple.  And don't even get me started on how LEOs work.  I've trained them and worked with them often.  Hint, hint: if you do good ISR, you don't tend to throw flashbangs into babies' cribs.
I've turned down more than that for a job in new york city. I asked them if they were going to lay on a chaffeur or a helicopter for my exclusive use, and when the answer was no, I politely declined.
IT positions - absolutely!  If you can learn Broadridge or IBM etc, there is a demand for you.  Not only in the brokerages but vendors as well.  Just pushing paper around as a clerk - no very well paid.
"Did you see that Kaiser pays their average nurse $110K?  Nurse in the sense of ""works full time at a major hospital"".  As for the police: the $75K doesn't include time in rank bonus....which even in NYC goes from $45K to $90K in five years. Time in rank bonus is a very big deal."
No shit. Who thought it was? I got very lucky but I hit that number the year I turned 24 with mediocre GPA in a non-engineering field from a state school and didn't have any family connections. I know that's not typical but it also means $100k/yr is far to achievable to be in the top 1%.
That is a pretty sweet setup. The few months I was on contract with an oil company they had a similar arrangement, although not quite as good as that. This is a different situation though. I'm sorry, but I don't think that as many people can do what needs to be done on an oil rig as can be trained to be a cop. I personally don't think they should be compensated at that level.
I live in NYC, and I think people really don't understand how expensive this area is (and how high salaries are here) compared to the rest of the country.  I think the salary projections you see online for NYC might underestimate it as well.
Still pretty difficult...  I have a computer science degree which is highly sought after and took a 37k$ job out of school. Most job postings I can apply to now are 60-75k$. Senior developers get paid 90-120k$ unless you suddenly become famous and people in SF want to hire you for 250k$  My bf graduated as a civil engineer and he would start at 55k$ and maybe make 90k$ with experience, but this profession tends to be ripe with 60-80 hour weeks too.  So much for degrees. A lot of it is selling yourself a ton and basically becoming your own sales person. It isn't easy at all, even with degrees.
Plenty of folks earn $300k/year from salary alone, and keep in mind this is household income. If you and your spouse are both educated and have a well paying jobs it's not all that difficult to hit that mark.
[Members of the NYPD are paid $46,288 during their first year on the force. But the pay jumps every year or half-year, reaching $90,829 at the five-and-half year point.](http://money.cnn.com/2015/01/06/news/economy/police-pay/index.html)   Old Article, but the 2x pay diff still seems to exist [LAPD ROOKIES GET DOUBLE N.Y. PAY WEST COAST WOOS COPS WITH SUN, SURF AND FAT SALARIES](http://www.nydailynews.com/news/lapd-rookies-double-n-y-pay-west-coast-woos-cops-sun-surf-fat-salaries-article-1.262685)  and then the [first tier pay for rank pay in grade](https://www.glassdoor.com/Salary/LAPD-Salaries-E135741.htm).  This doesn't include time in rank, which is significant. Which means just sitting around as a detective that pays $100K for 10-15 years means an easy $130K.  Add in mandatory court and whatever emergency and you get $150K.    Nurse pay is a bit harder, but here is base pay at [Kaiser](https://www.glassdoor.com/Hourly-Pay/Kaiser-Permanente-Registered-Nurse-Hourly-Pay-E19466_D_KO18,34.htm)
The basic cop + nurse will make $300K a year in just about any big city.    The cost of housing and insurance is so high, it is BARELY middle class wages.   edit: Looks like large west coast police departments.   Anything east of the rockies pays 1/2 has much....wow.
http://www.glassdoor.com/ shows salaries collected over the past 5 years (I think thats when they launched the site?)  So $86k for a Bachelors degree with zero real world experience. If you've got some post-college experience, or a post-graduate degree you'll be starting in six figures.
Yeah, I've heard of actual people, like Jim-down-the-hall, making 1M due to those beautiful, god damned, golden handcuffs known as RSUs.  This was at a valley tech giant though, so common, no.  But in the realm of possibility without autism level natural abilities, yes.
&gt;Don't shakedown other less profitable industries to subsidize industries that are overflowing with cash.  Maybe I'm missing something, but I don't see how that is at all the case with what is happening here.   Their pay is in line with others in the industry. If you consider the cost of living where they are located, it is above average. If you are making an analogy such as a sports team that pays the industry average, ok, but I don't see the point.
"&gt; So take this dumbass troll shit elsewhere.    A) This ain't trolling. This shit is knowledge. I'm seriously not trying to troll anyone. I do not feel there is enough appreciation or attention given to the many many many people sold a bill of goods. These poor dumb fucks I play FF with, working in downtown Boston or NYC, paying $2000 a month in rent for the privilege of earning $30K a year. ""Cuz...networking!!""   &gt; Not sure your vendetta against Finance  B) My vendetta is that it is nonsense. All of it. It is the same three fucking ideas rehashed, repackaged and resold to the next generation of idiots over and over and over again. It is literally NOTHING interesting, and it is WAY too many people clamoring for the same piece of a pie they didn't bake.  ""Modern"" portfolio theory was developed in the 50's, EMH in the 60s, Black Scholes in the 70s... and these are the ideas you spend 4 years learning. And all of them are built on assumptions everyone either refuses to acknowledge, or completely misunderstand.   &gt;its as good as it gets for business majors.   C) Maybe you are the tallest midget, but maybe you should just not choose to be a midget.   And finally, in your list, construction managers make more. So there is that..."
Dude go the dermatology route. Basically a standard 9-5 and starting at $250k in the Midwest (more on the coasts.)  IB is hell, and also 80 hours a week, at least it was on the M&amp;A side.   It sounds like you're just picking these options for the money, and no real passion for any of it. You're not going to like what you do if you're just doing it solely for a great paycheck.
"You do realize that ""analyst"" is just a corporate title for the lowest on the ladder (aside from consultants) in corporate structure?  Your statement is true only for Sales Analysts vs Research Analysts.  However, entry level traders (capital markets analysts) compensation is quite a bit greater than Sales Analysts and still requires pretty thorough market analysis.  Just about anyone in the industry can be a decent sales analyst as that role really only entails relationship management and basic communication skils.  Most of the boys over on the sales desk are either pursuing a more relationship management oriented path or want a foot in the door to get to trading."
They're also expected to have an above average level of physical fitness, a certain skill level, and a willingness to literally die at a moments notice for their job.  Can you say the same about yours or any job that pays at the median?
Yeah $1M is a number that a very, very select number of programmers are making. It's not really within the realm of possibility for the average person - you have to be a combination of obsessed, brilliant, and lucky to have coordinated with the right people.      Now $100-200k? Yeah, definitely.
If you aren't ivy league you have no hope of getting on wall st in front office. You will not make it pass the first cut. If you have some contacts then perhaps. You will be able to get a job in back office fairly easily but I assume that is not the area you will want to be in.
"No idea, but I am so sick of hearing about ""unfair"" pay.  If you don't think the pay is fair for the job then don't take the damn job.  If that's the only job you can get, well, take the job and improve your skills so that can get another job asap.  All these article imply that the ""underpaid"" worker has no choice.  They have every choice!!  Luckily we live under an economic structure that allows you to do whatever job you want, take advantage of that!!  In previous iterations of society you were stuck doing whatever your parents did.  You guys wanna keep trashing our current system I'm sure we can revert to the dark ages real quick."
Anyone can do many jobs that require a degree. Can you cut leaves and put them in a test tube? Because that pays $20 an hour after 2 years in raises. Because I don't need 4 years of college to learn this 'skill'. You don't know that guy, maybe he's qualified for the 80 year old piping and no one else is. Security clearance at a highly guarded private school. Can have 2 janitors and not 3 because he's highly efficient. 100k in Manhattan is like 40k everywhere else. But yeah you're right, the fact her job requires a degree to put leaves in test tubes means she deserves benefits and a great pay and a guy who needs to know what chemicals can't mix with each other doesn't. Does he deserve 100k if the school requires 'any' 4 year degree?
This is pretty much it. Plus if you actually get a kick out of the job you'll probably enjoy it more often than not. It's not unusual in your first couple of years to work really extreme hours (I've got a buddy in a well know US bank in fixed incomes for example, who works from 8am-11pm every day), but half the time you sort of enjoy the work that you're doing and the people you work with. It's not for everyone, don't get me wrong, but there's a lot of room for development as long as you're willing to put in a bit of hard graft.
"*""At our current rate of pay, New York City Police officers are still among the lowest paid big city police officers in the nation,"" said Patrick Lynch, head of the New York City Patrolmen's Benevolent Association, the city's largest police union.*    *The special-ops sergeant who made $265,059 is the highest paid policeman so far this year. His pay includes $115,394 in overtime. Besides the aviation director's pay, it also outstrips Chief Financial Officer Michael Fabiano's earnings of $257,814.*  $265,059-115,394=$149,665. (not including OT)  Assuming they work 40h/w @ $149,665 = $71/hour... whereas a $35,000 salary puts you at $16/hour.  Even $70,000 puts you at $32/h.  How much do big city cops make??"