LOL, this meme has two layers, as they say “real sciences don’t need “science” suffix in the name”
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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.
takeda@lemmy.dbzer0.comto Technology@lemmy.world•Tesla customers in France sue over brand becoming 'extreme right'English531·5 days agoMaybe 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.
takeda@lemmy.dbzer0.comto Technology@lemmy.world•VPN Registrations Increase by 1,000%, less than Hour After PornHub Blocked France From Accessing its Website.English2·6 days agodeleted by creator
takeda@lemmy.dbzer0.comtoMicroblog Memes@lemmy.world•There is no such thing as a vegetableEnglish1·8 days agodeleted by creator
We had the pandemic, now likely a great depression, so why not Hindenburg?
I don’t think that hurts trump in any way, he is saying what everyone else’s was saying and it doesn’t look like he saw the files either.
Could this just be an act, as people weren’t believing musk was truly leaving and was planning to just operate from shadows?
takeda@lemmy.dbzer0.comto Fediverse@lemmy.world•lemm.ee is shutting down at the end of this monthEnglish7·13 days agoAt least it did. Can you access !piracy@lemmy.dbzer0.com ?
takeda@lemmy.dbzer0.comto Fediverse@lemmy.world•lemm.ee is shutting down at the end of this monthEnglish1·13 days agodeleted by creator
takeda@lemmy.dbzer0.comto Fediverse@lemmy.world•lemm.ee is shutting down at the end of this monthEnglish1·13 days agoIf you want to also access those communities then yeah, if you don’t then doesn’t matter.
takeda@lemmy.dbzer0.comto Fediverse@lemmy.world•lemm.ee is shutting down at the end of this monthEnglish51·13 days agoThere are some servers that defederate from lemmy.world, for example beehaw.org
takeda@lemmy.dbzer0.comto Fediverse@lemmy.world•lemm.ee is shutting down at the end of this monthEnglish4·13 days agoNo, it’s a completely different instance. It was less restrictive and not banned by some communities, for example lemmy.world blocks piracy communities on dbzer0 and is also defederated from beehaw.org
Will that go with improving public transportation?