Recent comments in /f/technology

cartsucks t1_je1bgh6 wrote

No wonder they let Steve write the garbage opinion piece at the New York Times. He got his start there in his career and was their Chief Washington Economic correspondent.

I could go on and on about why I think the NYT author Steven Rattner is wrong but I will boil it all down to this. He's an ass.

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CapitalBornFromLabor t1_je18npg wrote

The guy you replied to believes the world is black and white and nothing more complicated than that. They’re operating at a 5th grader’s understanding of nuance. Good on you to call it out.

For the guy above you: Unions are absolutely a good thing, but Union members that abuse rules to try and look like victims make the WHOLE union look bad. Also, police union’s are a thing and absolutely should be, however they beed absolute scrutiny from both interior and exterior sources so we don’t have the abuses we see from them. Or unions that kowtow to corporate power. Just as bad and is a regular occurrence. I hope the UAW elections that have been bringing more progressive reformers into the fold will yield excellent results. But only time will tell.

Read some more, you’re on the right track but this “Unions only equals good, no unions equals only bad” view you have is incredibly naïve and short-sighted. There are bad unions out there.

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bitfriend6 t1_je16hns wrote

In regards to Silicon Valley/San Francisco specifically it's due to the long commute times. 90 min commutes mean wasting 3 hours per day in traffic. This makes an 8 hour workday into a 11'er, 12 with a lunch break. Most people won't tolerate that unless the money is really good, which it increasingly isn't. This is caused by a supply problem, there's not enough transit and physical mobility in the region, and this problem will persist through the end of the decade.

We can talk about Office-or-not all day but the plain fact is, if the Office is completely divorced from your community and not involved in your personal life in any way then you have no commitment to it. Workers are isolated from their physical workspaces and even the products they create, to the point where they'd rather quit than subject themselves to such a dehumanizing, alien experience. Which follows as it's only human nature to want some amount of control over our daily routines.

To have a serious discussion about Office-ing, the Office and areas around it have to be desirable. If they aren't, it's over. The same problem vexes industrial workers who are just told to eat it, and largely do because they didn't finish college. These are also the people most likely to replace former Office jobs, presuming companies can't find a machine to do it better.

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UsecMyNuts t1_je16a4v wrote

No, the article actually whitewashes what they did, it makes them look like the victims of Union busting rather than the actual truth that they’re lazy grifters who got their Union membership and then almost immediately tried to get a lawsuit out of it.

I’m pro union but I’m also not delusional or just fucking stupid enough to think that unions are gods gift to mankind, these people are manipulating and diluting unions.

The people you actually have issue with here, even though you’ll probably never admit it is, is the group of people who are making unions look weak in exchange for a payday.

Edit: okay this guy is mentally ill

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Andrige3 t1_je15ow1 wrote

It seems like all the China stocks are being undervalued due to political risk right now and uncertainty of regulations. I don't see how splitting the company changes this risk. This also doesn't change delisting fears. Also I think it's going to force a lot of sales if it IPOs on hong Kong stock exchange rather than NYSE.

I guess only time will tell but I'm glad I don't own baba right now even it had a burst up in the short term. I want stocks for the long term.

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Fwellimort t1_je14qd8 wrote

I think the difference is Alibaba is so undervalued that the valuation currently is at the value of some businesses not existing at all.

But yes, long term as a business, not as good. But stock market is auction driven and the stock is being penalized for being too successful of a conglomerate currently (due to China risk which isn't going away).

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Andrige3 t1_je13sx8 wrote

Who knows where China is going to allow these to IPO though which could dramatically change valuations. I feel like splitting it up also makes it a weaker business since a lot of these businesses have an important network effect. Imagine if you broke up Amazon into a shipping business, a media studio, an online retailer, a media company, a cloud business, etc. I think it would be a worse user experience and worse from an investment perspective.

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SheriffComey t1_je13ily wrote

Our CEO was called out recently for forcing everyone back for a minimum of 3 days a week but hasn't been in the office three days a week this year.

He said his role required him to be out more which didn't land like he thought when several people said "you told us that wasn't a valid excuse"

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