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Search - "simple economics"
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To become an engineer (CS/IT) in India, you have to study:
1. 3 papers in Physics (2 mechanics, 1 optics)
2. 1 paper in Chemistry
3. 2 papers in English (1 grammar, 1 professional communication). Sometimes 3 papers will be there.
4. 6 papers in Mathematics (sequences, series, linear algebra, complex numbers and related stuff, vectors and 3D geometry, differential calculus, integral calculus, maxima/minima, differential equations, descrete mathematics)
5. 1 paper in Economics
6. 1 paper in Business Management
7. 1 paper in Engineering Drawing (drawing random nuts and bolts, locus of point etc)
8. 1 paper in Electronics
9. 1 paper in Mechanical Workshop (sheet metal, wooden work, moulding, metal casting, fitting, lathe machine, milling machine, various drills)
And when you jump in real life scenario, you encounter source/revision/version control, profilers, build server, automated build toolchains, scripts, refactoring, debugging, optimizations etc. As a matter of fact none of these are touched in the course.
Sure, they teach you a large set of algorithms, but they don't tell you when to prefer insertion sort over quick sort, quick sort over merge sort etc. They teach you Las Vegas and Monte Carlo algorithms, but they don't tell you that the randomizer in question should pass Die Hard test (and then you wonder why algorithm is not working as expected). They teach compiler theory, but you cannot write a simple parser after passing the course. They taught you multicore architecture and multicore programming, but you don't know how to detect and fix a race condition. You passed entire engineering course with flying colors, and yet you don't know ABC of debugging (I wish you encounter some notorious heisenbug really soon). They taught 2-3 programming languages, and yet you cannot explain simple variable declaration.
And then, they say that you should have knowledge of multiple fields. Oh well! you don't have any damn idea about your major, and now you are talking about knowledge in multiple fields?
What is the point of such education?
PS: I am tired of interviewing shitty candidates with flying colours in their marksheets. Go kids, learn some real stuff first, and then talk some random bullshit.18 -
So some student complained that the busses are to full in the morning (they are filled with students).
Student: "why don't they drive more busses?"
Me: "because that would raise prices of busses since more drivers and fuel is needed. It's simple economics"
Student: "Public transit already is way to expensive, they can easily drive more busses and trains for that"
Me: "public transit is already way to expensive.... Oh look! An iPhone, MacBook, AirPods, Apple Watch, Dr Martins and other overpriced shit you have with you now!"2 -
I've been away, lurking at the shadows (aka too lazy to actually log in) but a post from a new member intrigued me; this is dedicated to @devAstated . It is erratic, and VERY boring.
When I resigned from the Navy, I got a flood of questions from EVERY direction, from the lower rank personnel and the higher ups (for some reason, the higher-ups were very interested on what the resignation procedure was...). A very common question was, of course, why I resigned. This requires a bit of explaining (I'll be quick, I promise):
In my country, being in the Navy (or any public sector) means you have a VERY stable job position; you can't be fired unless you do a colossal fuck-up. Reduced to non-existent productivity? No problem. This was one of the reasons for my resignation, actually.
However, this is also used as a deterrent to keep you in, this fear of lack of stability and certainty. And this is the reason why so many asked me why I left, and what was I going to do, how was I going to be sure about my job security.
I have a simple system. It can be abused, but if you are careful, it may do you and your sanity good.
It all begins with your worth, as an employee (I assume you want to go this way, for now). Your worth is determined by the supply of your produced work, versus the demand for it. I work as a network and security engineer. While network engineers are somewhat more common, security engineers are kind of a rarity, and the "network AND security engineer" thing combined those two paths. This makes the supply of my work (network and security work from the same employee) quite limited, but the demand, to my surprise, is actually high.
Of course, this is not something easy to achieve, to be in the superior bargaining position - usually it requires great effort and many, many sleepless nights. Anyway....
Finding a field that has more demand than there is supply is just one part of the equation. You must also keep up with everything (especially with the tech industry, that changes with every second). The same rules apply when deciding on how to develop your skills: develop skills that are in short supply, but high demand. Usually, such skills tend to be very difficult to learn and master, hence the short supply.
You probably got asleep by now.... WAKE UP THIS IS IMPORTANT!
Now, to job security: if you produce, say, 1000$ of work, then know this:
YOU WILL BE PAID LESS THAN THAT. That is how the company makes profit. However, to maximize YOUR profit, and to have a measure of job security, you have to make sure that the value of your produced work is high. This is done by:
- Producing more work by working harder (hard method)
- Producing more work by working smarter (smart method)
- Making your work more valuable by acquiring high demand - low supply skills (economics method)
The hard method is the simplest, but also the most precarious - I'd advise the other two. Now, if you manage to produce, say, 3000$ worth of work, you can demand for 2000$ (numbers are random).
And here is the thing: any serious company wants employees that produce much more than they cost. The company will strive to pay them with as low a salary as it can get away with - after all, a company seeks to maximize its profit. However, if you have high demand - low supply skills, which means that you are more expensive to be replaced than you are to be paid, then guess what? You have unlocked god mode: the company needs you more than you need the company. Don't get me wrong: this is not an excuse to be unprofessional or unreasonable. However, you can look your boss in the eye. Believe me, most people out there can't.
Even if your company fails, an employee with valuable skills that brings profit tends to be snatched very quickly. If a company fires profitable employees, unless it hires more profitable employees to replace them, it has entered the spiral of death and will go bankrupt with mathematical certainty. Also, said fired employees tend to be absorbed quickly; after all, they bring profit, and companies are all about making the most profit.
It was a long post, and somewhat incoherent - the coffee buzz is almost gone, and the coffee crash is almost upon me. I'd like to hear the insight of the veterans; I estimate that it will be beneficial for the people that start out in this industry.2 -
Well I dont have any worst teacher, I have been the teacher more than the student but I have a related.
Had economics last year of the equivalent to college.
We should find the optimal volume of products between 2 products requiring the same parts in different amounts.
Simple crossing point of two straight lines.
He failed our solutions because we did not draw a diagram.
Turns out he did not know of the straight line equation and did not understand how we got the solution without measuring with a ruler!4 -
I hate people who own crypto and think they're some futurist tech elite. You don't know how the price will fluctuate in the future so stop thinking you're some goddamn fucking wizard. Just because you know the very basics of how a blockchain works or simple economics, doesn't mean you're better than those who don't own crypto.1
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I'm fucking Paralyzed and I need some advice.
I want to be an entrepreneur.
Not just an entrepreneur but a DAMN good one.
I self-studied business, economics, physics, self-taught multivariable calculus, teaching myself chemistry too.
But I haven't even started my career and I just graduated from University.
Right now I'm starting simple and just doing a few web development things.
But, I want to go deeper into a subject that hasn't really had its problem solved yet.
A.I. can sell you neat things, but it can't kill misinformation (yet).
Graphics are an integral part to gaming, but GPUs are the second greatest threat to our environment behind commercial jets.
Do I HAVE to choose between A.I. and graphics?!14