takeda

LOL, this meme has two layers, as they say "real sciences don't need "science" suffix in the name"

I see a lot of people blaming this on AI and raised interest rates.

The real reason for this stagnation is Section 174 of IRS code that was added by the 2017 tax cut bill. The section took effect in 2022 and was added to balance the budget.

This section basically doesn't allow to deduct cost of the software engineers and they are amortized over 5 years (10 years for international engineers). This puts some strains to regular businesses, but it kills start ups, as they are required to pay taxes even when they are still not profitable and might not even pay 5 years.

Lack of start ups means there is smaller number of openings which is lower mobility. Combined with amortization, it discourages hiring new people as again it requires 5 years.

I see this being dismissed and "it is definitively the interest rates and AI" AI is nowhere close to replace software engineers, in fact from the coworkers that enthusiastically embraced it I see lower quality of code. Interest rates actually came back to what they originally were before 2008.

The hiring issues started exactly when section 174 went into effect. I think the hiring craze in 2021 was only because companies realized that with slim margins in Congress a bill won't pass that will repeal it so they were hiring like crazy before it become a law. Indeed Democrats were trying to repeal it, it even pass the house, but it was blocked by Republicans in the Senate. Because God forbid they would help Americans and in turn let economy to look good under Biden.

Look for example at Ramapo 58 district:

https://app.enhancedvoting.com/results/public/rockland-county-ny/elections/GE2024Results/ballot-items/01000000-4482-4645-d471-08dcf2403024?st=Ramapo+58&sv=Ramapo+58&sm=name

Harris only got a single vote in a district that historically votes for Democrats. What are the odds. But maybe Democrats just lost popularity.

But then look at Senate

https://app.enhancedvoting.com/results/public/rockland-county-ny/elections/GE2024Results/ballot-items/01000000-4482-4645-ce33-08dcf2403026?st=ramapo+58&sv=ramapo+58&sm=name

Now democratic candidate wins by 94.12% what are the odds?

And this is not a single district, there are many others like that.

Frankly after election there are two things that bugged me in California. There was a proposition that removed mandatory work requirement for inmates comparing it to a modern day slavery. There was no one who was willing to endorse vote against it (I suppose due to optics) yet the proposition failed.

When he visited CA after fires were already put down and made that spectacle with water dam, he also mentioned that he had a good feeling about next election.

I have a feeling that maybe CA voting is also compromised and this was a test for California, as trump winning here would be extremely suspicious, but no one will care about this proposition.

It definitively is, he similar to trump dies not have a filter. He just counts on things being ambiguous enough that won't affect him.

Maybe not, but there's some merit to it. Initially it was a highly desirable car, now one is ashamed to be in because owner is a Nazi. Another problem is that there's much higher risk that someone else will damage it (again, because of the owner).

I'm not involved in LLM, but apparently the way it works is that the sentence is broken into words and each word has assigned unique number and that's how the information is stored. So LLM never sees the actual word.

The news sources (even the "leftist" ones) are all owned by billionaires.

The real war is a class war, the minorities are used to make us fight with each other.

Well technically not just water they also contain some chemicals from the exhaust. Ironically those same people don't mind exhausts from cars or coal power plants.

Yeah, I watched streams yesterday, there were very small number of protesters and already much more police than them.

Sending national guard is just in hope to escalate it, as Newsom said.

Edit: also the fires started were mostly by the smoke bombs they were throwing (those things are really hot).