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PaperclipPerfector  4mo ago (text post)   38816 thread views

Culture War Roundup for the week of July 15, 2024

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The American IT industry was hit hard by COVID. Businessmen, C-suite execs, saw their people remoting in from home and trying not to return to the office. These execs, many of them free riders, realized they could halve their costs by hiring remote MSPs from out of country for IT and relying on Crowdstrike to be their security bottom line. A flood of IT layoffs happened this past year, deflating IT wages and making entry level jobs scarce.

I do think that it is slightly more complicated than that. First off all the lay offs of 80% of Twitter showed everyone that you don't need that many people to run a website. It was predicted by multiple of people that if Twitter didn't stop working other big tech companies would follow. Then there is the whole deal with Section 174 also that has affected the bottom line. Tech isn't unaffected by higher interest rates, when money was cheap they could amass people to be ready for "initiatives". Well not anymore.

I can give you the point of the free riders. The worst thing about them is that they actively make our tech worse to promote some number go up on their OKRs. Google is making search worse so people stay longer trying to find what they came to google for and watch more ads. Windows search always hits Bing when you do a search locally on your computer, just that it increments a number so a free rider can get a bonus. Just to take examples of search.

Your Section 174 link was fascinating. I feel that it underplayed the back story. It was sketched very briefly, but appears to go like this:

There are fiscal responsibility rules. If the US government passes a tax cut, the law should also include a tax increase in the future to balance the budget over the longer term. Legislators game this by writing a future tax increase that is stupid. Yes, it is in the law, but there is a nudge and wink that it will be repealed before it takes effect. This time the repeal never happened, so the deliberately stupid tax increase goes into effect.

This compounding disfunction bodes ill for the future of the US.

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