DIRS.INFO The most relevant business & tech news

☆ Hate Elon Musk all you want, but he's got one management trick that every boss should emulate
▼ + stars: | 2022-12-13 | by ( Ed Zitron | ) www.businessinsider.com time to read: +12 min

Managers have become alarmingly distanced from the average worker, making calls based on guesses that aren't informed by actual labor. Musk has demanded that managers are able to create "good code" yet does not appear to be much of a coder himself. Jackson Palmer, a cocreator of dogecoin, said Musk was a "grifter" who "had trouble running basic code" in their interactions. He's targeted critical teams at Twitter and pushed others to quit, which have resulted in a huge upswing in hate speech on the platform. In fact, by his own logic of how managers can contribute to the company, Musk should be summarily firing himself any day now.

☆ What is ChatGPT? The AI chatbot dominating social media with its frighteningly good essays
▼ + stars: | 2022-12-05 | by ( Samantha Murphy Kelly | ) edition.cnn.com time to read: +5 min

OpenAI last week opened up access to ChatGPT, an AI-powered chatbot that interacts with users in an eerily convincing and conversational way. On Monday, Open AI’s co-founder Sam Altman, a prominent Silicon Valley investor, said on Twitter that ChatGPT crossed one million users. It comes from the same company behind DALL-E, which generates a seemingly limitless range of images in response to prompts from users. If you plan to be outside, you should wear a light jacket or sweater, long pants, and closed-toe shoes,” ChatGPT responded. Possible issuesWhile ChatGPT successfully fielded a variety of questions submitted by CNN, some responses were noticeably off.

☆ The Decline of Work
▼ + stars: | 2022-11-14 | by ( Andy Kessler | ) www.wsj.com time to read: +1 min

Or “I need a good work-life balance,” which suggests someone doesn’t want to work very hard. The CEO of a Fortune 500 company told me he recently spent an entire afternoon discussing his company’s pet-bereavement policy. He asked the human-resources folks, “Let me get this right, someone’s goldfish dies, and they get a week off from work?”Work has become a dirty word. And now this: The New York Times ran an opinion piece titled “How to Fight Back Against the Inhumanity of Modern Work.” What? The prevailing thinking is we’re all Lucy Ricardo and Ethel Mertz wrapping chocolates on a conveyor belt.

☆ Check out Contrary NYC, a 'Soho House for techies' community hangout that's generating buzz and drawing visitors like Serena Williams
▼ + stars: | 2022-11-13 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Silicon Valley venture firm, Contrary, recently opened a community space for tech workers in New York. In September, Silicon Valley venture capital firm Contrary added another space to the list. Contrary NYC bills itself as a "Soho House for techies." Until recently, the space has mostly been accessible to people already associated with the firm— investors, founders, and fellows. I paid a visit to Contrary during the second week of October, the tail end of New York Tech Week — five days of events dedicated to the city's growing startup ecosystem.

☆ Analysis: Silicon Valley's greatest minds misread pandemic demand. Now their employees are paying for it.
▼ + stars: | 2022-11-10 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +9 min

CNN Business —In the early months of the pandemic, Facebook only grew bigger and more central to our lives. On Wednesday, however, Zuckerberg reversed course and laid off more than 11,000 employees, marking the most significant cuts in the company’s history. In a memo to staff, Zuckerberg coughed up some of the hardest words in the English language. The Federal Reserve maintained near-zero interest rates at the time, giving tech companies easier access to capital. And private and public market valuations for tech companies only seemed to go higher.

☆ Meet 6 inspirational leaders creating a better future for developers
▼ + stars: | 2022-10-27 | by ( Sponsor Post | Created Twilio With Insider Studios | ) www.businessinsider.com time to read: +7 min

Twilio's Developer Searchlight is a global search for the most inspirational, effective leaders supporting developers today. In her former role as a senior product manager at Mulesoft, Suchi was an advocate for developers, building products specifically designed for developers. Marcus EaganEagan supports the open-source community through personal, financial, educational, and code contributions. TwilioMarcus Egan, a staff product manager at MongoDB, dedicates 20% of his week to mentoring and giving back to the open-source community. Ashwin started giving back to the developer community after attending and winning some hackathons.

☆ Microsoft's Copilot AI is making rapid progress. Here's what its human leader thinks about it
▼ + stars: | 2022-10-14 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +8 min

Put another way, for every 100 lines of code, 40 are being written by the AI, with total project time cut by up to 55%. "After a year of Copilot, about 40% of code was written by the AI where Copilot was enabled," Dohmke said. The GitHub CEO expects more of those Copilot code suggestions to be taken — in the next five years, up to 80%. Now, whether the coding task is related to payment processing or a social media login, most companies — whether startups or established enterprises — put in open source code. "From punch cards to building everything ourselves to open source, to now within a lot of code, AI writing more," he said.

☆ Souring Economy Gives Tech Freelancers a Lift
▼ + stars: | 2022-10-12 | by ( Angus Loten | ) www.wsj.com time to read: +5 min

Like most companies, he said, it enlists freelancers with specific skills across a range of capabilities, including AI and analytics. “The pandemic and, more recently, the turbulence in the economy, spurred demand for greater labor flexibility both among employers and workers,” Mr. Herbert said. Sebastián Siseles, a vice president at Freelancer.com, said freelance work also allows IT job seekers—especially younger workers—to reduce the risk of being dependent on a single employer. By adapting to remote work during the pandemic, employers “opened the window” to hiring more freelancers, Mr. Siseles said. Many tech-enabled companies such as Uber Technologies Inc., Lyft Inc. and DoorDash Inc., which rely heavily on gig workers, have opposed similar efforts in the past.

☆ Google and Amazon are two of the biggest poachers of Goldman's tech talent. We mapped out the top 10 firms snapping up the bank's recent departures.
▼ + stars: | 2022-10-12 | by ( Bianca Chan | Carter Johnson | Dakin Campbell | ) www.businessinsider.com time to read: +7 min

Amazon was the biggest poacher of Goldman tech talent from June to August. The organization tracked the LinkedIn profiles of people who left Goldman Sachs and picked up another job from June through August. Wall Street's tech hiring ambitions ramp up as tech powerhouses and startups pull backNonetheless, the demand for tech talent on Wall Street has remained strong. JPMorgan, the biggest beneficiary of the departures, hired 18 former Goldman Sachs employees. Citi and Morgan Stanley were also among the top poachers of Goldman talent, with the firms both scooping up 12 Goldman employees each.

☆ American Express is hiring 1,500 technology workers before the end of the year. Here are the salaries to expect in IT, finance, engineering, and risk management.
▼ + stars: | 2022-09-20 | by ( Britney Nguyen | Alex Nicoll | Rachel Durose | ) www.businessinsider.com time to read: +1 min

The credit-card service company American Express is hiring right now. AmEx hired 3,600 technical workers this year and aims to hire another 1,500 before the end of 2022.Insider analyzed HB-1 visa-holders salary data to give job seekers an idea of salary expectations. Job seekers interested in joining the remote-friendly company are in luck: AmEx is hiring 1,500 technology workers before the end of 2022, Ravi Radhakrishnan, the chief information officer, told Bloomberg. This is on top of the 3,600 engineers, coders, developers, and more that the company hired earlier this year. Below are four sectors — IT, risk management, finance, and engineering — with openings at AmEx and how much employees make in roles that fall under those categories.

☆ Ethereum's massive software upgrade just went live — here's what it does
▼ + stars: | 2022-09-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

The overhaul to the ethereum network fundamentally alters the way the blockchain secures its network and verifies transactions. But with the upgrade, ethereum has migrated to a system known as proof-of-stake, which swaps out miners for validators. "But the network as a whole — because of the redundancy across all this different software — will very likely be stable and fine." The rewards for validators are much smaller than those that went to proof-of-work miners, meaning that less ether will be minted as a result of this upgrade. Next few hours, days are keyThe next few hours and days will be key to gauging the health of the ethereum network post upgrade.

☆ Watch your back: Here are the 4 kinds of employees most likely to get laid off in the current downturn
▼ + stars: | 2022-09-06 | by ( Aki Ito | ) www.businessinsider.com time to read: +9 min

Those who participated in the Great Resignation landed big raises, great benefits, and all sorts of perks that would have been unthinkable just a few years ago. So it's no surprise that in the current wave of layoffs, veteran employees are enjoying more job security. The average laid-off employee in Revelio Labs' analysis had worked for their employer for 1.2 years — meaning they were most likely hired near the start of the Great Resignation. MillennialsIn a previous analysis, Revelio Labs found that young professionals were much more likely than their older coworkers to switch jobs during the Great Resignation. For every Great Resignation, there will be a Great Reckoning.

Search resuls for: "Coders"

12 mentions found