one of England's oldest professions
Come back to me when you have a database of England's oldest profession.
The Economist.
'nuff said
I understand the knee-jerk reaction to the title, but this reeks of someone who never even read the publication. The very first mainstream publication to advocate for gay marriage. One of the only skeptics of the Gulf War at the time.
The world needs more thinkers, and fewer knee-jerk reactions.
I've used AI for two tasks where I found it very useful, and some very minor ones as well.
1) I had to write some code to invert a matrix in C. I knew the code was out there, but Google's search is so polluted today I could not find it. ChatGPT immediately returned working code. I noticed it did not calculate the determinant, so I asked it for that, and it modified the code to do so. As I say, I know that code is out there somewhere in a book, probably a dozen books, but I can no longer find older topics because the search engines are so polluted today. So yeah, this was extremely useful.
Just a note, from someone who has done a lot of computational numerical analysis...if you are inverting a matrix, you are usually doing something inefficient and numerically unstable. In small dimension counts, that could be fine, but keep it in mind.
...I don't see how this problem, as well as the problem of dishonest phantom job offers nobody is actually meant to be hired on, could be solved, without legislation making those things punishable crimes.
There are three versions of solving this that I see happening right now:
(0) Recruitment firms, trusted ones, as filters
(1) Recruiting personnel from the hiring company going to one of just a few college campuses
(2) Friends/acquaintances of employees
The recruitment firm "solution" is just outsourcing the problem so I barely count that one.
The other two (1) and (2), are economically inefficient and unfair. Plenty of sharp people go to un-recruited colleges. And the friends thing lacks scale while also encouraging cliques. And yet, they seem superior to automated filtering of high-N resume counts.
I believe the job market was much more economically efficient sometime before leetcode-type tests became common (let alone AI).
We have more work right now than we can do. We could hire 3x the staff and still not keep up.,,,, I'd have been thrilled to make $160k in my 20's as a C coder in this area
For sake of this post: let's define a "good coder" someone who does well in properly-managed tech interviews
Obviously I don't know what your area is, but here, in a large midwestern USA city, 160K is not very much for a good coder in any language...let alone a rare choice like C.
The perceived lack of available personnel has a lot to do with not coming to terms with the job market as exists. This is perhaps exacerbated by employers whose pay scales haven't even kept up with inflation in the recent half decade.
Economics works: firms that bid salaries too low may complain, but it is their own fault if no one is willing to hit that bid, and all the candidates concentrate on better offers.
How do I know? Our company hires lots of C/C++ coders, and we are swimming in resumes. By the time a candidate makes their way through filters to interviewing with me, I am always very impressed with their coding skills. We also pay considerably more than 160.
As the article mentions, the parallels (haha) to John Harrison from 300 years ago are strong. He was an Englishman who solved the problem of finding how far east or west ship was, even in the middle of the ocean, by putting accurate clocks on ships, just like the UK scientists.
Dava Sobel covered it beautifully in the book Longitude, and I can highly recommend the illustrated version.
Citigroup credited a client's account with $81 trillion when it meant to send only $280
How is that even possible? Most "input" fields would not accept a 14 digit $ figure.
Citi operates internationally, and so their software likely is set up to handle a broad range of currencies. Including ones like the Indonesian rupiah which is over 10,000 per dollar.
I'm not defending their software, which obviously needs to be revamped, but I think the decision to allow that many digits in the field is defensible.
From the link
Invite others with just a link using any messaging platform.
Guests can RSVP in the iPhone app or on the web from any device.
Keep guests up to date on any last minute items by posting a message in the event for all to see.
So you can respond from Android, just not create your own. Similar to eVite, really.
Most large companies are presently run by the remainder of boomers (born up until 1965) and Gen X, neither of whom tend to have school-age children at home any more.
I hope that the millennials have more empathy and wisdom when they take power. I apologize on behalf of my fellow GenXers.
I am lazy. I have only one prescription, for Lipitor / Atorvastatin that keeps cholesterol down. I get 90 days' supply at a time, my doctor will re-prescribe with a web form, and my drugstore is about 4 block from my house.
Even given these tiny barriers, I still sometimes go without for a full week before getting around to resupplying. I shudder to think what it would be like if they were nontrivial. Making prescriptions easy to obtain is a big health win, so I wish Amazon and its competitors a good competitive effort here.
I have lots of respect for Carter as a humanitarian.... but lately, I've read a lot of revisionist history about his presidency on Reddit and other sites.
Inflation was TERRIBLE during his term of office, for starters. He's responsible for giving away the Panama Canal, as well as totally fumbling the Iranian hostage crisis (fixed by Ronald Reagan shortly after he took office).
It's borderline insane people are making claims, now, that he was responsible for giving America a "strong economy" and other nonsense....
I'm old enough to say I was there at the time, and pretty much disagree with you. Maybe I agree on the Panama canal, but that's kind of a minor item.
With respect to inflation, and the economy, these things operate on a lag to presidential (and congressional) terms. Carter appointed Volcker, and Reagan enjoyed the credit for the corresponding drop in inflation (Reagan extended the tradition of good heads of the Fed with the Greenspan appointment, and I think they've pretty much all been good since Volcker).
On the hostage crisis, Carter literally sent a commando mission to Iran to rescue the hostages. Totally the right move, and I think it is fair that he lost confidence in the special forces' ability to complete a second attempt mission after that first mission failed without even coming close. Reagan had nothing to do with the hostages' release, outside of just existing.
The thing I liked least about Carter was how he pronounced "nuclear" as "noo-kyoo-lar". But, given that he had commanded a nuclear sub and become president I have learned to let that one go.
no need to speculate about how compensation heavily based in bonuses would work. We just need to look towards Walk Street.
True.
In high-bonus land, it is very difficult for job-seekers to know what kind of compensation a given job offer really entails (unless they have a friend or other backchannel). Some firms think a 70% bonus is generous, whereas at others "generous" starts at 700%.
In any problem, if you find yourself doing an infinite amount of work, the answer may be obtained by inspection.