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Comment Re:Frozen at starting salary of $135K? (Score 1) 38

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) 38

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) 38

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) 29

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 Not surprising (Score 1) 72

This is exactly what any smart educator expected and the smarter students do too. A lot of mine are not using AI or using it only very carefully.

What we will increasingly see is a large divide between good and bad students. Not a surprise at all.

Comment Bad solution to a real problem (Score 2) 29

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.

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