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Comment Cooked statistics trailing reality. (Score 1) 36

That little uptick in IT sector unemployment is trailing reality where there's a larger acceleration of unemployment in IT due to cost cutting, recession like economy, uncertainty over AI augmentation of the IT labor force, and fear of the bubble popping whenever it does if ever.

The statistics are cooked since like an earlier poster said that when folks drop out of IT because they can't find good work anymore they aren't counted anymore in the unemployment statistics so it looks like a win for the numbers getting better, but the person is still unemployed or switched sectors or careers.

Middles six figure jobs for IT are very rare to see and all the job postings are for under six figures. It's work that is mostly the churn and burn type like hands on desktop, low-level analyst or QA, site monitoring, or low level admin jobs. Which burn people out and then replace them with more cheap labor locally or offshore.

Career Path Change

I've built a path and skills and certifications over the last decade to a completely different career and now I'm going for it after finishing a decade and a half long stint at a dead-end organization that did IT in the stone ages managed by sociopathic computer illiterate exploitive and manipulative management and technically myopic leadership criminally violating laws and regulations with massive cover-ups.

I'll probably dabble in IT work to enhance my new career and try my hand at a derivative business idea to bring IT to a non technical sector that needs to come to the modern age and there are only two other people doing serious IT in it.

But I'm one of those statistics now who's making those IT Unemployment numbers look good since I'm switching career paths midway in life, after seeing and predicting the IT job apocalypse that is now starting and looking into the future over the horizon of the corpses of IT workers like in Terminator 2 opening scene.

Opening (Future War) | Terminator 2: Judgment Day [Remastered] = AI Killing IT Jobs

Comment Consent Decree Expired for Microsodt (Score 4, Informative) 68

Don't you know that the consent decree and the memorandum of understanding from the previous antitrust lawsuits with the Department of Justice (DOJ) expired for Microsoft?

They do the same thing every decade with their lock-in OS and features line OneDrive and Copilot. Every single time.

I'm other news, the sky is blue and water is wet.

Comment Revolving Door Corruption (Score 1) 46

Same at the old place I used to work for. Oracle somehow won the bid for an ERP accounting solution and migration work and it's about to go down the same way also. It is going to be a shit-show when they try to migrate from mainframe Lawson software solution. They supposedly are trying to hire an internal developer for account with mainframe and C# skills for Oracle ERP accounting. That is going to be a no-find position and require Oracle contract development hours and a whole team instead.

The Cyber Security managers did the same thing with Deloitte through the revolving door and now are back at the org using them as consultants and contractors which have screwed up a lot of security worm because they are not knowledgeable over the systems they should be securing nor competent to do the work well. No wonder their only internal develop left when that happened and now they have to outsource development to them.

The old leadership did the same with IBM and Cerner.

Revolving Door Corruption

Comment Sub Prime Mortgage Crisis Do Over from 2008 (Score 3, Interesting) 99

The 2008 financial crisis was due to Collaterized Debt Obligations (CDO)s that had real good and normal mortgages but were mixed in with no collateral and bad mortgage loans into tranches to make the crap passable and to get the credit rating companies to upgrade the ratings by hiding the bad debt among some good debt.

This new retirement account legislation is going to do the same thing for all the 401(k), 403(b), and 457(b) plans which force you into target date funds and to allow those funds to allocate percentage of their holdings into their bad assets like cryptocurrency and private debt, which are both opaque and poorly if at all regulated.

Private debt defaults at 10%+ rate and higher very quickly and quietly even after passing audits, which are no longer trust worthy after so many incidents of complete debt write off right after a clean audit. Private debt companies limit liquidity by preventing withdrawals using ponzi scheme like timing and amount limits per customer or per entire fund.

Cryptocurrency is inherently a ponzi schemensince it always requires new suckers to hold the bag and is unstable so it can implode or get rug-pulled anytime without recourse. Very bad for an asset class which should hold value and provide growth without surprise and without massive value swings.

Very bad for US employees. They will be forced to hold bad assets by heir employers and retirement account administration companies without recourse because of the limits of investment choices they have with retirement accounts.

Comment Limited Investment Choices for Retirement Plans 40 (Score 2) 99

The choices of investment funds and their internal structure is very small and limited on purpose by the management companies to limit investments I to their choice of funds, so employees are forced down a very narrow path of carefully bad or expensive to manage choices to only arrive at the single target date fund that their employer and management company wants them to keep their retirement money in.

The emplyees cannot just choose to invest into index based funds of their choice and that is the purpose of this legislation to mix the alternative asset crap into those very limited choices and push them into the target date funds as an alternative allocation percentage to tie up the crap assets with equity and bond holdings to make them look reputable.

Most normalish retirement fun choices are the default target date retirement fund, a bond mostly fund, a money market position for some reason, and some other esoteric and badly performing weird funds.

The employer and the administrator firm want to force you into target date funds which they can keep filling up with crap allocations such as crypto and private asset debt that is not well regulated nor even well exposed and certainly not audited properly since many of those debt investment loans quietly default even after clean audits.

Comment Re: AI Editor Slop (Score 2) 71

Well when you address the Need Congress that is Slashdot audience and mention aliens in Dune you trigger a strong reaction from us because the whole point of Frank Herbert's Dune universe is that there are no known aliens, all the weirdness of that universe is human derived. Purity of the Human evolution only on the Golden Path's door step.

The only references to alien intelligence is the human created machines that we're defeated once during the Butleriam Jihad and which survived and escaped by travelling away from the human controlled sphere of influence in the Universe and who will come back in the future to annihilate the Humans once again unless the Humans are so strongly subjugated by Leto II God Emperor that after his death they will explode into the Universe so far away from control control that not even the machines will be able to find nor catch them to exterminate them.

The only other reference to other aliens are the bringers of the Sandtrout which turn into the Sand Worms on Arrakis (Rakis) [Dune] planet and there might be an inference that they are from another Galaxy.

Finally the last weird somewhat alienish are the two facedancers overseeing the events with almost prescient powers but they are just further genetically engineered humans by the Tleilaxu genetic butchers.

Comment Re: I read the book (and seen the movie...) (Score 1) 71

Yep, I completely agree with you ZipNada, but I knew that the book is not going to offer up some phenomenal new science fiction shift of a paradigm type of a literary invention.

I wanted something that was very much like The Martian which was a science fiction-based adventure in space instead of on Mars. I would say science fiction lite and enjoyable like a shoot-em-up heist movie except for nerds and geeks with some nice science thrown around; and without having to do any equations or discuss quantum mechanics only special relativity and bit of raw space gamma radiation.

Andy Weir Is able to capture a nice science fiction-based adventure that is very linear and enjoyable to read and watch. He does introduce a few new concepts which are very enjoyable and then he just builds the story on them and moves it forward with little mishaps and issues that have to be resolved until the final outcome.

His other book Artemis that takes place on the Moon is also a very enjoyable lite science fiction read. Would make for a great movie with an awesome chic actress who'd need to have a bit of attitude and spunk about her, a real character of a lady. Gosh, so many choices for casting. I'd love for someone to suggest a few actresses who would fit that role.

Think of Project Hail Mary as a Science Fiction X-Com Bromance Adventure in Space with Biological Power Cells!

Comment Worth reading the book than seeing it (Score 4, Informative) 71

I ended up hearing about this movie coming out from the same author that did the Martian whose name is Andy Weir.

So I immediately got the book and read it and after that went to see the movie. I ended up reading his other book, the one that was in between about the girl at the space station and that was pretty enjoyable so.

This movie's definitely enjoyable and we want to see it in a nice theater where we have dinner and drinks and it was definitely worth it. Since I read the book week in advance, it was a nice little visual representation of the book and it was very faithful to the book.

The author definitely captured the ability of doing hard science space stories and making them appealing in book form and also in visual movie form.p

Comment Telecom Wireless Company Buzzword Soup (Score 3, Interesting) 107

Qualcomm makes telecom wireless chips and lower tier processors and the upcoming 6G will increase bandwidth at the cost of increased latency and lowered distance from the tower. Anything to do with PI features over the wireless telecom network will be incidental.

Agent based communications will be text based or condensed and compressed mutually negotiated binary format for efficiency of transmission for speed and lower latency for responses. That's not going to require additional bandwidth of 6G since it won't be mixed media nor high bandwidth video transmissions.

PI agents will eventually communicate to each other as the preferred interface method over classic APIs, but that is going to be like trying to use foreign language translators to interpret meaning, sublety, and original intent of the prompter as it's translated through the telephone game over multiple hops, losing meaning and coherence at each step of the way.

Nothing to do with new 6G wireless protocol and chip sets.

Comment Microsoft Recall training data for Copilot. (Score 1) 101

I completely agree.

Long time ago I mentioned that the Microsoft Recall feature that takes a screenshots of everything that you do on your computer is just training data for their Copilot PI.

Now with organizations and the executives forcing PI adoption and mandating it as part of performance reviews, they generally want everybody to train their PI replacements so they can start the next batch waves of layoffs and the next economic crisis bigger than anything else that we've seen in the past.

Comment Office Space - The Bobs (Score 2) 14

This is exactly like the movie Office Space when The Bobs are trying to figure out what everyone does at the company but this time the layoffs are followed by the P.I. (Pretend Intelligence) push into the replacement roles by the consultants, but not before you're told to train the P.I.

Office Space (1999)
https://m.imdb.com/title/tt015...

The Office Space Bobs Plot No One Ever Talks About Is Genius
https://www.giantfreakinrobot....

Comment PayPal History of Freezing Accounts (Score 2) 29

Frozen Accounts

Don't forget that PayPal would routinely freeze accounts for over 180 days or longer for anybody that use them for small business that had a very high volume of credits and debits and they would claim that it was a security reason. But meanwhile they would hold all the money and make the account inaccessible and not even answer to the person why the account was frozen for real.

Every so often you would hear of somebody running a legitimate business and they received a payment from some other PayPal account or person who themselves was flagged as problematic and that would trigger a chain lightning event. Where anybody else associated with that person or that person's account or a hacked person's account would just spread like wildfire and freeze every associated account for a very long time. Without anybody having the ability to do anything about it or get a real answer or even identify what happened.

You made a sale or you purchase something from somebody else online. You paid them with PayPal and zap. Your account is frozen and you don't really have an answer to what happened and any money you had in there is gone for months. If you will ever get it back or not, you will never know. And support will not tell you. They'll just say security reason and your account is frozen.

The government had to step in and threaten regulation but PayPal would still routinely do this to a bunch of small business owners and eBay sellers.

Banking Accounts Linked

Luckily I stayed away from PayPal and only used it as a way to pay for eBay or receive money from online sales and immediately transfer the money out of there directly into my bank account. I didn't like the reason why I had to have my bank account linked but I figure if something went wrong I go straight to my Chase Bank and complain to them and I would have much better results than complaining to PayPal which would hide there support number on their website for a very long time and people had to get it from Reddit or from Google searching.

Other Apps More Popular

Everybody that I know is using Venmo or CashApp or Zelle to send money between each other. So PayPal is pretty much on its way out but online web stores still do a lot of sales through PayPal so it's going to be a very long and slow burn to replace it because it is so tightly integrated with web, front ends and shopping cart systems.

Comment Dual US & EU Citizen Looking at EU Relocation (Score 2) 126

I'm a dual citizen of US and EU and now that my 16-year job in the US in the IT sector had ended I am entertaining the idea and looking at relocation to the EU now that my wife's US citizenship paperwork had been filed and all presence criteria requirements have been met.

My wife would love to leave the US and work in the EU and my US friends who are progressive are supportive among with my family in the EU. A few of the same friends are a bit jealous of the opportunity also since they can't easily get legal sponsorship to leave without a job willing to sponsor them, a bit of a reverse of the US H1-B STEM things but in reverse to go to the EU. While I can just go work there right now without even relocation since I have everything ready and up to date.

My conservative friends are eyeing me with a bit of confusion and suspicion for entertaining the idea the leave the American Dream since they didn't travel nor vacation internationally and their world view is myopic and small. They hear the idea but look at me bewildered for even suggesting to leave the #1 Best Country in the World (j/k) for somewhere else.

Citizenship & IDs

I've ensured to keep my EU citizenship status updated and passports always renewed and valid by jumping through hoops over the years by traveling to ambassies and consulates to renew them at some cost. I made sure to also obtain and keep my EU personal citizen identification card valid and updated also since those are more widely used and accepted for legal and other common usage purposes there since the EU uses them for personal and citizenship identification purposes like the US uses their Driver's Licenses.

Banking

I've also made sure to open and keep bank accounts active and debit cards valid to have easy access to finances and verified the ability to withdraw my own money from the EU in the US with those debit cards and also wire transfer money between the US and EU accounts through the SWIFT network which is similar to the US ACH (Automated Clearing House) financial network using the account number and denomination prefix manipulation for foreign funds deposit and currency conversations.

I've keep up with to the US FATCA FBAR reporting requirements also to keep Uncle Sam off my financial back and avoided any FPIC (Foreign Passive Investment Company) mutual funds that are domeciled outside the US to avoid that US unfair taxation money grab morass for US persons.

Telephone

I also have a valid SIM card and phone number from the EU using their T-mobile network provider which is common and popular there a bit but have to recharge the card once in a while.

Family Connections

I've kept touch and renewed lost family relationships in the EU on both of my parents side and got the lost contact information for the lost side of the family and started to rebuild those relationships. Turns out they are some great people and also work in technology!

Job Competition for Skills

Let's see what EU has to offer for IT jobs and my future!

Now the US job market will have to compete against the EU job market for me and my wife since they might lose me.

The new data center building projects and upkeep sounds interesting and IT skills in scripting and automation of hardware maintenance and operations will be needed now and in the future keeping all of the disparate systems taking to each other.

I love scripting and operations and DevOps work across all OS kind of like I do across the US and EU and like Windows and Linux!

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