(no title)
netcan | 7 months ago
Big Tech firms with blockbuster products like adwords, aws, iPhone and whatnot... they are extremely profitable. So profitable that the basic business logic of "invest more in the money-maker" reaches reductio ad absurdum.
So yeah. A lot of talent is locked up where the salaries are highest. These have so much resources and talent thrown at them that it can start to get wonky.
If you are actually hiring up to the point where the marginal 300k engineer causes a net loss of output (not just profit)... you are well into territory that just sucks.
That kind of thing happens... and thats also where some of the highest salaries and best talent is.
That said... I think AI projects have been a steam valve. This was worse 5 years ago.
bluetomcat|7 months ago
gruez|7 months ago
???
What are you talking about? For a typical fullstack app the proprietary bits probably account for less than 5% of the codebase.
>They soaked a huge amount of talent to optimise their ad and recommendation engines.
That's just PR/advertising/sales. If the companies didn't exist it's not like those job or efforts will disappear, they'll be allocated elsewhere, classified ads in newspapers for instance.