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WhiteSource1's comments

WhiteSource1 | 7 years ago | on: 1100 layoffs at Bay Area tech companies

Most public companies offer employee stock benefits. That matters for short-term stock price, as much as possible. But ultimately the employees are only minority shareholders, so don't have enough to actually increase value. (The main shareholders are institutional investors, who have a lot of clout.) For private companies, of course, it's a different story and the founders/board/investors often have more clout. Private companies are also less likely to grant (non-liquid) equity, but rather offer it as options, which is more like a lotto ticket.

WhiteSource1 | 7 years ago | on: 1100 layoffs at Bay Area tech companies

Because it's not just turning into shells. It's also getting rid of X and replacing them with Y. Replacing workers with workers in other geos or just replacing them with someone else, so the headcount stays steady or even grows but it's a different head.

WhiteSource1 | 7 years ago | on: Why emergency braking systems sometimes hit parked cars and lane dividers

Self-driving cars are a bit of a misnomer and understanding the limitations helps to understand the potential as well.

It's like planes which run on autopilot -- there is still a pilot. In addition to takeoffs and landings, the pilot is there to adjust. Self-driving cars seem to be similar -- hands off 95% of the time (and not 100% as some might expect), but that 5% that they are hands on are critical.

WhiteSource1 | 7 years ago | on: The end of India’s ‘IT miracle’?

Absolutely. BTW, that's one of the key issues why the Panaya acquisition was a failure for Infosys. The business strategy was right: automate for the corporate entity to increase quality and reduce costs. The problem was the outsourcers on the ground had no incentive to bring Panaya into the picture.
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