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Comment Re:Frozen at starting salary of $135K? (Score 1) 46

Again, this is a very specific, unique field, and you're trying to generalize it over the rest.

This case is about City of London financial analysts. They're a very unique position in the world. About the only other place in the world that is comparable is New York's financial analysts, and those have even higher starting salaries because NYC is even more expensive than City, while actually having less intense work schedule.

In large part because NYC is not quite the global financial hub that City is in terms of complex international analysis needs even after all the problems UK managed to create for the City in the last decade. Also if you ever wonder why UK is still considered a developing country, it's because it's attached to the City. That small place in the middle of London alone is generating so much revenue with its financial activities, that it's basically carrying the rest of UK which is actually somewhere between developed and middle income country after you cut City out of GDP calculations.

You can google the work required of junior analysts and bankers in the City. There should be quite a few stories still around from that one widely publicized case, though they were a bit dramatic and mostly seemed to focus on "women can't handle this tempo at all, and so this is almost fully a male field. This is misogyny and we need to give women more of these high paying jobs without the intensity of work".

Comment Re:Frozen at starting salary of $135K? (Score 1) 46

You don't understand what these people do for a living, which is why you typed out this "but in a completely different field, this doesn't work".

True. In your field, it probably doesn't work. But for junior analyst, this is the only way to make it work. The job is to trawl through time sensitive raw data and pre-collated data sets, to generate collated topical data sets for senior analysts. Ingestion of data is constant, creating constant need for junior analysts to trawl through the next data set.

This is a job where working 18-20 hours a day, 7 days a week for years at a time is a norm, and working less than that is an exception that requires high level connections. This job kills people because the tempo is insane, and senior analysts demand quality on top of numbers. And there's always more time sensitive data to trawl through, and where collation is worthless if not downright counterproductive if it isn't done in a timely manner.

This is why older people can't do this job. It's not survivable outside twenties. This is also why this job is exceptionally well paid even for new hires. It takes very exceptional individuals to be able to do this job. You need to be high IQ, educated in complex mathematics and statistical analysis, savvy in relevant software packages and their applications, require no more than 4-5 hours of sleep a day to be fully functional (with stimulants) and be driven to actually want the senior analyst position badly enough to be willing to suffer through years of junior analyst position.

There's a reason why this job pays big.

Comment Re:Frozen at starting salary of $135K? (Score 1) 46

People working their hours in exceedingly challenging environment generally earn way more. These are basically the only people in the West who actually suffer from Karoshi - death by overwork.

The expectation is that you're working 6-7 days a week, flat out, all day. You get a few hours of sleep, and then you're back at the office. You eat at the office. You live at the office. You may or may not take showers at the office, but you almost certainly shit at the office, and probably with your laptop in your lap as you're doing it.

The only reason people agree to do this insane work is because they know they have to power through it while they're young enough to mostly be able to survive this lifestyle until they make it to senior analyst. Then they get a few free hours a day.

There was a bunch of articles about this a few years ago after a man from a rather vocal family died of Karoshi while doing this job in London. They basically explained just how much work a healthy young men in his twenties needs to carry to die of overwork. It's pretty insane.

Comment Re:Wow (Score 1) 46

In general, these salaries are significantly lower than in US. Very much dependent on a country though. Luxembourg is going to be close and sometimes even exceed US salaries, Bulgaria is going to be way lower, and everyone else is going to be somewhere in the middle.

Most people really don't understand just how badly EU stunted growth of its member states. Many of developed European nations were pretty close to US in terms of productivity (which in turn generates salary levels). But we were stagnant due to EU's regulatory orgy in last two decades, while US advanced due to much lighter relative bureaucracy.

Comment Re:Bad solution to a real problem (Score 1) 36

I love it how shitholistani bots keep revealing themselves as such by not knowing the newer trends across first world when talking about it. For example here the shitholistani bot doesn't know that in first world a lot of retail stores now have apps that give you personalized price offers based on algorithmic analysis of your purchase history.

Comment Bad solution to a real problem (Score 2) 36

I got a feeling this will quickly become the new "everything causes cancer and we have to tell you about it" California nonsense.

Everything will have this disclaimer, since algorithms now set prices even in retail, and no one wants to take a risk of being on the wrong side of damages on this one.

Comment Re:Go Jain! (Score 1) 83

You don't go far enough. Fighting and control to what end? Much of the fighting is sheer competition to grab more. More land and resources, to support more children. As for fighting, no, most people have the sense not to willingly risk their lives in deadly combat. Most would rather move into empty lands, or failing that, clear out the current occupants through genocide. If easy genocide is not possible either because the occupants can and will fight back, some will choose war, but only if it looks easy.

Religion is rather orthogonal to this. Been used as much or more to justify fighting as to discourage fighting.

Comment Re:RFK isn't antivax (Score -1) 293

LOL so you only had to go back over a couple hundred years to find a single example of Russia "winning" without American help.

No you dumb fuck. That was just the biggest war you had zero involvement in. Russia has won most of their wars without your dumbass, like when they took 9% of Finland.

russia needs to rely on nuclear weapons or nobody will take it the lest bit seriously.

They've been utterly dominating your dumbfucked ass with conventional weapons.

russia was utterly dependent on America and the allies for WW2.

Utterly dumbfucked Nazi bullshit. Americans like Truman were quite explicit in wanting Germany to slug it out with the Soviets until both sides lost. You only got in the war when Soviets were in danger of saving Europe not just from Nazis but from capitalism.

Comment Re:decriminalize sharing (Score 1) 14

Reselling is definitely shady. But there would be no scope for such schemes if the price was fair. It's not.

A thief is a thief, and there is nothing more ignoble than a thief who commits his crimes in the name of a worthy cause.

The legendary Robin Hood robbed from the rich and gave to the poor. Was he wrong? Was his cause not worthy? He was fighting greed-- excessive, damaging taxation and hoarding of wealth. Today, greed has again arisen to become one of our biggest problems, with these super rich using their immense wealth to corrupt our systems to unfairly direct even more wealth to them.

Your use of the term "thief" prejudices your argument. Copying is not theft. Copying is copying. Pirating a TV signal, maybe that should be a crime, but it shouldn't be lumped in with theft. For years, the entertainment industry has been trying to convince the world that sharing is theft. Don't do their dirty work for them.

Yes, I am aware TorrentFreak ran the story. They are one of the few exceptions to the near universal censoring and propagandizing the media does on this issue.

Comment Re: The AI bubble (Score 0) 70

Lower classes live the best life they have ever lived in history of humanity. Not only are they not living the normal state of lower class which is starving, in constant pain, infested by large amount of parasites, quite ill, and extremely overworked.

They're living the opposite life: abundance is insane, to the point where poor are fat, parasite infestations are exceedingly rare, they have a wide array of pain mitigation for when they do experience it, and they have actual legal rights in terms of work, rather than normative "work harder slave or the whipping will commence".

The sole reason for this is is technological progress and automation. It has elevated value produced by work of even lower class workers to the point where just short amount of time worked can afford them the kind of food selection kings didn't have half a century ago. The kind of health care kings didn't have twenty years ago. Etc.

This utterly insane myopia of modern Western far left when it comes to grasping that it's in fact those worst off that had the most benefit from modern economic system and its technological progress is probably one of the greatest feats of stupidity humanity has ever managed to create.

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