As a tech manager with twenty years experience, I can assure you, in fact, engineers are people. And they interact with those MBAs, project managers, etc. The really good product/project people understand this as well, and make a point of doing their very best to be effective when interacting with the engineering team. They know how expensive we are, and try to bring our our best.
To the point of this article, the best product people were in fact respected by the tech team, and it made all the difference.
I had a zip disk for all my work in college. It's completely impractical for anything these days, but it was so much fun. Having 100mb in your bag in the era of floppies made you feel like a king.
There two dead end technologies of the 1990s that combined magnetism and lasers in different ways.
That ZIP disc was a "floptical" disk that worked basically like a floppy but used a laser to read grooves on the disc that improved alignment and let them pack tracks in denser.
There also were "magneto-optical" discs that would use a laser to heat a spot on a disc and allow recording spots much smaller than the magnetic head. It could read out finer too because the laser could read the magnetic fields with
Some examples of those were the MO drive on the NEXT cube and Sony's mini-discs for music which I think are fun to collect but I had the laser burn out on my portable which can write tracks with metadata out of my PC and gotta either find another one with a working laser or settle for recording on my big decks without metadata.
My intuition is that residuals have a higher chance of a low payout, whereas options have a lower chance of being worth anything, but probably a higher value if they do pay off.
Residuals for a company which is bankrupt would be zero - same as their stock price.
Also, they could just rewrite the sections of code that are expensive and nuke their costs and your residuals at any point. Unlike a brand or whatever, it’s trivial to redo as it’s not user facing.
If you think any sane founder is going to pay out on ‘residuals’ of any significant amount without a similar liquidity event, I’ve got a bridge to sell you.
Dying healthy in your sleep at home costs society a lot less. No expensive medications, hospital visits,in home nursing, etc
I suppose if everyone lived, say 5 years longer, and only delayed a disease by 5 years, it would be a break even in cost. Although, who wouldn’t want 5 more healthy years?
I’d personally rather die suddenly due to a heart attack or stroke rather than struggle with severe mental degeneration over a period of years before dying.
Not quite. It's simply an argument that the money will end up back in healthcare, just maybe further down the line, and maybe that's okay. Just remember that as everything else gets cheaper, the percentage that is spent on healthcare must increase.
That is peanuts for AWS. The OPs point stands: pretty much no engineer or software company suffered serious consequences over their security practices. The worst was some internet drama and slightly lower *profit*.
Ashley Madison tanked from a data break, and there's an ever growing list of cryptocurrency exchanges that were hacked and ended. It may be that for some businesses a data breach is manageable, but that's not always the case, though more importantly that kind of attitude towards the seriousness of data breaches and vulnerabilities is not wise.
To the point of this article, the best product people were in fact respected by the tech team, and it made all the difference.