This weekly roundup thread is intended for all culture war posts. 'Culture war' is vaguely defined, but it basically means controversial issues that fall along set tribal lines. Arguments over culture war issues generate a lot of heat and little light, and few deeply entrenched people ever change their minds. This thread is for voicing opinions and analyzing the state of the discussion while trying to optimize for light over heat.
Optimistically, we think that engaging with people you disagree with is worth your time, and so is being nice! Pessimistically, there are many dynamics that can lead discussions on Culture War topics to become unproductive. There's a human tendency to divide along tribal lines, praising your ingroup and vilifying your outgroup - and if you think you find it easy to criticize your ingroup, then it may be that your outgroup is not who you think it is. Extremists with opposing positions can feed off each other, highlighting each other's worst points to justify their own angry rhetoric, which becomes in turn a new example of bad behavior for the other side to highlight.
We would like to avoid these negative dynamics. Accordingly, we ask that you do not use this thread for waging the Culture War. Examples of waging the Culture War:
-
Shaming.
-
Attempting to 'build consensus' or enforce ideological conformity.
-
Making sweeping generalizations to vilify a group you dislike.
-
Recruiting for a cause.
-
Posting links that could be summarized as 'Boo outgroup!' Basically, if your content is 'Can you believe what Those People did this week?' then you should either refrain from posting, or do some very patient work to contextualize and/or steel-man the relevant viewpoint.
In general, you should argue to understand, not to win. This thread is not territory to be claimed by one group or another; indeed, the aim is to have many different viewpoints represented here. Thus, we also ask that you follow some guidelines:
-
Speak plainly. Avoid sarcasm and mockery. When disagreeing with someone, state your objections explicitly.
-
Be as precise and charitable as you can. Don't paraphrase unflatteringly.
-
Don't imply that someone said something they did not say, even if you think it follows from what they said.
-
Write like everyone is reading and you want them to be included in the discussion.
On an ad hoc basis, the mods will try to compile a list of the best posts/comments from the previous week, posted in Quality Contribution threads and archived at /r/TheThread. You may nominate a comment for this list by clicking on 'report' at the bottom of the post and typing 'Actually a quality contribution' as the report reason.
Jump in the discussion.
No email address required.
Notes -
Granted, my career in finance was short, and I only worked in tech, but in my experience most finance was underwhelming.
There were a lot of people who more or less had a call center job. Some were doing telemarketing, trying to sell pension-investments. Others were calling people, trying to get them to sign a form promising that they weren't using their pension money to fund ISIS. There was no point to the latter job except ticking a box for the regulators. Lots of people had jobs where their job was to open piles of PDFs, find a key number and insert it into an excel spreadsheet.
With that said, some developers and traders were truly impressive and had almost super human abilities. The issue is that the company was an inverted pyramid. A few people kept the show going, while the majority were support staff. The people who actually did the core work were remarkable people whose jobs won't be automated until we have AGI. The majority were just doing tedious office work in a toxic work environment.
The one thing that keeps demand up for junior employees is that regulation increases the demand for staff. There are fewer and fewer doers and more and more people who have to ensure that the clients aren't on some list of Russian oligarchs or that have to create graphs of carbon emissions in the investment portfolio.
A lot better than a regular call center job but not amazingly well. A lot of 27 year old business majors working 60 hours a week and making 50% more than their class mates doing telemarketing. Telemarketers do really matter. A good salesmen can bring in millions to the firm. Convincing a dentist to move his pension to their fund can generate tens of thousands in revenue over the course of decades. A small difference in conversion rate can have a major impact on the firm's performance. The top people were well paid.
More options
Context Copy link
More options
Context Copy link