_IsThisRealLife's comments

_IsThisRealLife | 5 years ago | on: Google to Slow Hiring for Rest of 2020

Probably because it is perceived to be a fairly uninformed question. It's sort of like talking about the USPS potential insolvency and someone asking how many postmen will be replaced with gig economy workers. As far as I'm aware, major leading American tech companies have never really exported jobs to India, it has been almost entirely companies that need mediocre quality work contracting out to companies that fill those contracts with workers from India or elsewhere. Without carefully developing an office, culture, and employee pipelines over 3-5+ years you carry extremely large risk outsourcing important work.

_IsThisRealLife | 9 years ago | on: Ask HN: What is so great about Bloomberg Terminal?

As others have mentioned there is a large amount of expert knowledge to collecting and organizing extremely disparate data sets. There are also longstanding business relationships, lots across a lot of markets, and a reputation for great data security, that has many pricing sources and exchanges offering data almost exclusively through the terminal, and some folks putting their own data into the system. The risk with mishandling(making unavailable or available at unreliable/inconsistent times, for example) some of that data is just so high that 30+ years of reputation in some spaces is worth a (maybe perceived) premium.

_IsThisRealLife | 9 years ago | on: Ask HN: What is so great about Bloomberg Terminal?

I would argue they have established a sort of universal minimum threshold of information within the financial industry, across a ton of financial markets. This provides a certain amount of certainty/consistency within markets(really any sort of pseudo monopoly in a knowledge space does). Particularly in the news space, it sort of lets people assess to what degree they might have a competitive advantage by the degree to which their data is more accurate/earlier than that on the terminal/data side.
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