Digital ocean doesn't charge traffic costs. I'm not sure if that was used in the article, but DO can provide significant savings for high-bandwidth services.
Is there hard data on how deadly they are vs. other auto manufacturers? There is definitely a narrative that the cars are dangerous, but I'd like to see that quantified.
Judging the sizes of the stacked pages from the last 60 days of code would probably be a pretty good indication of productivity. Perfect? No. Good enough? Maybe.
I never thought I would see someone on HN unironically advocate for counting LoC to measure productivity. Unbelievable how this guy's cult of personality poisons brains.
100% right. I just watched an OJ Simpson trial documentary. From that making the small point being famous brings perception then perception management... Which goes fast to nowhere. Fixing Twitter can't start with loc and the new owner reading code. I can guarantee Gerstner never did that at ibm.
I’ve worked in big companies and I’ve worked in small companies. The one constant has been that writing code is required to make product changes. No code likely means no changes. Maybe LOC != productivity makes sense when algorithms are of great importance, like in situations where a genius algorithm can unlock tons of value. Machine learning would be one example. However, most work is feature work, which typically has a straightforward path from start to finish. In product feature work, it’s unclear to me what activity would use time productively that didn’t result in lines of code.
People, even those at other big tech companies, unironically refer to working at Google as "retiring." Not sure 'big tech' is a great example to use when talking about productivity.
As in, the fewer pages, the more concise they are? What about clarity, and which languages are we talking about? Bonus points for Java? I think it’s been fairly well determined that LoC isn’t a good metric for judging productivity.
I think LoC has been determined to be a bad productivity metric because it’s gameable and incentivizes bad behavior. However, that doesn’t apply here as the engineers didn’t know they were going to be evaluated by LoC a priori. I struggle to think of cases were lines-changed wouldn’t be correlated with the productivity of engineers working in a consistent environment if they weren’t trying to game the system.
The problem is some languages are more verbose than others. Considering boilerplate (which is often automated these days) it extra has nothing to do with productivity. More lines doesn't mean more action - I mean, we're on a Lisp-derivative forum.
And sure, if I was getting judged by LoC I'd just paste in a library versus including it, which would generally be worse.
Equity in Meta is liquid net worth, unless you're a materially important share holder. The stocks you hold right now can be converted into cash easy at any point in time. In what world is that nearly equivalent to cash?
Large public companies aren't innovators. Innovations requires risk. Meta is a huge part of retirement portfolios and pensions, which are extremely risk averse. There is an expectation that the company is going to do an efficient job at extracting profits. If Meta isn't meeting that expectation, the market reaction is to be expected .
Yeah, the traditional move for a company of Facebook's size would be to pivot from a growth play to a value play, and focus on value extraction. Perhaps even - gasp! - pay dividends. This would have been a lot more appealing to the big insto funds and potentially bouyed the share price.
The current plunge we're seeing is a vote of no confidence from the market.
Companies are valued based on future cash flows. A stable company typically has a P/E ratio of 20. Meta’s is around 10, which is an indication the market believes profits will cut in half and then stabilize.
This is a 5% earnings yield. That's a whopping 99 basis points ahead of the 1-year rate and 103 north of the 6-month [1]. One can adjust for growth [2]. But a neutral 20x multiple is not a fact of nature.
> the market believes profits will cut in half and then stabilize.
This isn’t true. The market believes Meta will still grow, just slower than before. If they believe growth is zero, as you indicate with “stabilize”, their PE ratio will plummet even further.
I don’t think it’s valid to use “only” with “e.g”. “e.g” means it’s an example, which implies the existence of other cases that satisfy the criteria. “Only” implies some uniqueness of the subject.
“It’s legal to drive only if e.g. you have a driver’s license.”
It’s not a great way to say things but it is meaningful. The meaning is “only if [unspecified list of things], and [x] is an example of an item in that list”.
> However, the “safe” is only valid if e.g. the used supply lines from the power supply with “native” 12VHPWR connector have a good quality and 16AWG lines or at least the used 12VHPWR to 4x 6+2 pin adapter also offers what it promises.
Here’s my interpretation:
> However, the term “safe” is only valid if certain things are true, e.g., the used supply lines from the power supply with “native” 12VHPWR connector are of good quality…
Speaking from experience, a decent entry-level set up for servicing costs minimum $500, you'll need to do it several times to get it right, you'll probably break the first watch you try it on, and you'll forget the skills involved if you don't keep servicing watches. It's kind of fun, kind of frustrating, and only worth it as a one-off to understand how a mechanical watch works unless you plan on rehabbing watches as a hobby.
As an alternative, I recommend buying an old pocket watch and dis/reassembling that. Easier to work with, same basic principles of operation.
