IBM stood on the sidelines of the dot com boom; their share price still halved in the resulting bust.
HSBC didn't engage in the unwise practices that led to the great financial crisis; their share price still dropped by 75% in 2008.
If the AI bubble does burst chaotically, then I'd expect all tech stocks to decline to at least some extent and for even the strongest survivors to remain in the doldrums for years (in the cases listed above, the share price of both IBM and HSBC remained flat for almost a decade).
IBM is still around hanging on the lights are on, but they are a tech backwater in comparison to their past and I don’t think they’re gonna be coming back. They are just going through the long fade out. Similar to Xerox and Kodak.
But then you have multiple copies of your repo which is inevitably going to end up with a my_project_v2_FINAL_3b/ mess, reminiscent of how people used to manage files before version control.
Not having to deal with all that is exactly what git is for.
I'm pretty comfortable with Git, but I've still done this a number of times, and in my experience this situation is very evitable. After I've completed my gnarly process (whether successfully or unsuccessfully), I just delete the folder I don't want to use.
It's quite region-specific, I think. The big SV tech companies have slowed hiring, and some are doing layoffs. And, obviously, they're global companies so that's had some impact on the rest of the world.
But apart from that, is there really so much of a problem?
In London, there seems to be a bit of a boom going on - in both established tech and the startup scene. The EU is, as ever, a mixed bag but there doesn't seem to any sort of rout even in places like Dublin which are most exposed to the US. India seems to be doing well, as does China. The Gulf states are hurting - perhaps due a downturn in the influencer & crypto markets, but just as likely a result of the US war on Iran.
If the pain is concentrated in the US, then it's most likely a result of local political or economic conditions rather than some sort of global AI apocalypse.
Yeah, I don't understand this - pretty much every long haul flight I've ever been on has been like this: meal service finishes, lights dim a bit, everyone reclines, lights go out, people either doze off or watch the IFE.
To be fair, I have actually once seen someone not recline, but they had four or five visits from cabin crew before the lights went off making sure they were okay, or if they wanted to be moved, or if there was a fault with their seat. Like, even the crew thought it was an unusual occurrence.
Yet every thread that touches on this on HN, there are people saying "I never recline, what about the person behind me?". And then they complain about being uncomfortable!
I imagine it ought to be possible to use computer vision to augment the traction control system, all the way up to locking the wheels altogether and using them as feet wherever necessary.
Even if the AS2-W isn't capable of doing that today, it's a fairly obvious goal for future development given how generally useful wheels are otherwise.
The NHS relies on heavy triaging - so, for primary care, emergency cases will be seen immediately (either at a hospital or at the nearest GP surgery with an available slot), urgent will be seen same day (at your usual GP surgery), and non-urgent medical problems (eg. back pain that isn't getting worse) might take 2-3 days.
But everything else (eg. discussing blood test results, medication reviews, mental health issues) will get dumped into the "routine" appointment bucket and, yes, will often take 1-2 weeks.
You do hear occasional horror stories about the triage process, but my experience has been pretty reasonable. For example, I lost my voice last year but had no other symptoms - so I expected to have to wait a few days to be seen. But I was treated as an urgent case since it affected my ability to work, and got an appointment that afternoon.
If they're deliberately inflating the likely useful economic life of their assets to get a lower interest rate, it's hard to see how that wouldn't be classed as fraud.
It's the sort of behaviour that really does end up with people going to prison.
You’re all getting some concepts mixed up here. That five year amortization rate is the IRS’ usual amortization rate for computers. GPUs are classed as computers for asset depreciation purposes. But GPUs are part of 168(k) so they’re eligible for a 100% bonus depreciation the year of purchase.
There’s nothing fraudulent at all here just people using terms they really aren’t comfortable with.
And, importantly, this programme is targetting the next generation of single-aisle aircraft.
It was hard enough to convince a few dozen of the world's largest airports to make the alterations needed to accommodate the A380's wings. Demanding similar changes at the thousands of smaller airports where A320-class planes land would be a non-starter.
> Demanding similar changes at the thousands of smaller airports where A320-class planes land would be a non-starter.
Perhaps similar:
One of the reasons the Vickers VC10 was so successful in the 60s and 70s was that it could operate from short runways, high ambient temperatures, and high altitudes compared to other jets of its era.
It was far easier for carriers like BOAC to fly those into Britain's former colonies than it would have been to magically expect all those colobnies to update their airports.
Very unlikely to be the technical build team at fault for that.
Real estate, legal, permitting, utility connections, construction, plant fit out, testing and certification, security, customs and immigration, and shipping all need to happen first - and every one of those has room for huge amounts of uncertainty and delay, more so if you're doing it internationally.
There aren't many shortcuts that you can take when you're dealing with a complex combination of hardware, property, and law.
Technical staff are easiest to pin the blame on in any given situation. All those other fields require enormously more people skills and political inclination.
If you are in an org like that and there is an effort to pin something on technical people inappropriately the reaction when there's solid push back approaches total hysterical breakdown since it's so unexpected. Even if the tech staff "win" they'll be marked for the rest of their time there.
That matches my experience at google. Getting the land and approvals was the most time, then the basic site prep and building shells and utilities, then basic building fit out, and then finally the actual tech installs.
The real way to increase throughput is to first slow down and smooth out the inevitable bumps by adding adequate slack and building up an inventory of shovel-ready projects as a buffer - and then to start running multiple teams in parallel.
The fact that OP's friend experienced Oracle doing the exact opposite of this lends credence to the idea that they're under pressure and are perhaps panicking.
yes but sometimes a VP gets fired, new VP comes in, and says "we'll outsource this" or "we'll use this home grown team doing something else" and unfortunately tons of people are caught in a layoff, even if they were good.
Well I guess we can assume that this means it's not the reason senior leadership laid them off because senior leaders definitely never scapegoat their underlings or have too little competence to correctly assess why things failed!
HSBC didn't engage in the unwise practices that led to the great financial crisis; their share price still dropped by 75% in 2008.
If the AI bubble does burst chaotically, then I'd expect all tech stocks to decline to at least some extent and for even the strongest survivors to remain in the doldrums for years (in the cases listed above, the share price of both IBM and HSBC remained flat for almost a decade).
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