A coin flip program could replace Wall Street “analysts”
It’s not though, because you don’t know about the trades ahead of time. If you can use delayed info, the actual stock market is delayed info too. You only know about it after it happens.
Many of them tend to hold for weeks or months. They’re not day trading. “Just a little light insider trading” while overseeing the industries they buy and sell.
Too many industries are shitting on entry level employees now… They’re easy targets for layoffs and easy targets for AI, apparently. Now they’re already complaining about the lack of quality talent.
If you don’t invest in the next set of entry-level employees, you won’t have the next set of qualified employees.
Everyone wants to hire senior devs, nobody wants to train junior devs.
It makes sense: juniors are a way bigger risk than seniors and usually leave a company right around the time that they’re getting good.
And they have every reason to: companies aren’t loyal to workers why should workers be loyal to companies?
But to a corporation that means they spent senior dev time training juniors into seniors for another company to use.
… I’m constantly arguing that we should have more junior devs on the team but we have none.
It’s faulty, short-sighted logic though. If every company trained juniors, only for them to jump ship in two years, there’d be a pool of trained juniors to hire from. Yes you wouldn’t get your investment out of that particular person, but you’d be hiring someone else’s investment.
Beyond that, there’s work that is better suited to more junior employees because it’s literally a waste of the senior employees’ skills.
If every company trained juniors, only for them to jump ship in two years, there’d be a pool of trained juniors to hire from.
I mean… That’s only if they trained juniors. Juniors have an incredibly hard time getting their first job in programming. Each company is incentivized to snipe juniors from everywhere else instead of train their own.
Beyond that, there’s work that is better suited to more junior employees because it’s literally a waste of the senior employees’ skills.
As a staff software eng - nothing is beneath me. There are some things that only I can do (in theory) but in practice I do everything from minor copy changes to architecting new services. If I need to do something I’m happy to do it.
juniors are a way bigger risk than seniors and usually leave a company right around the time that they’re getting good.
Personally, as a manager, I find the opposite.
It’s always the juniors that exceed expectations. You never hire somebody senior and find they can do twice as much as you thought. Juniors are often eager to learn if you are willing to teach them. They want to be good at their job, because they know they are laying the foundation of their career. Seniors often have all the bad habits baked in.
Then, if you get a good reputation for developing people (because they leave your team and impress their next set of colleagues) it becomes easier and easier to hire.
I’m glad some managers see it that way. I wish it were easier to get junior headcount. Our mobile team is very small so we have huge bus factor at all times. A couple of junior devs, say 1 for each of the mobile components in our stack (backend, iOS, android) would help mitigate those risks for comparatively cheap, on top of improving our overall velocity.
You never hire somebody senior and find they can do twice as much as you thought.
Generally juniors are expensive for their performance though. If they can do double what you thought it’s great but I’m not sure how much of a cost savings that is against an engineer coming in as a senior (not lead or staff - just a vetted competent programmer who works). Then again I’m not in management at all: I could have the performance-per-dollar figure entirely wrong.
This is so obvious. I don’t understand why I don’t see it being reported on more often.
No you see, these companies want trained workers but don’t want to pay for them (training or already trained workers). Complaining is free but is ultimately a lie.
If they really wanted trained workers they’d pay for training. Same as they did during the industrial revolution, WW2, the post war period, etc. It’s not rocket science.
You mean AI could replace a bot parsing !WSB?
Cocaine demand is about to hit the floor
Since when can AI fetch coffee and cocaine?!?