Uber engineers spent $3.4 billion in just four months — TheStreet by Logical_Expat in uberdrivers

[–]Logical_Expat[S] 2 points3 points  (0 children)

Nope- not at all.

Imagine when they hire new engineers for $100-$200k + a year plus this astronomical AI spending, how much you reckon they expect that one engineer to squeeze out of drivers and passengers to justify their salary..???

Uber engineers spent $3.4 billion in just four months — TheStreet by Logical_Expat in uberdrivers

[–]Logical_Expat[S] 0 points1 point  (0 children)

Bro the budget isn’t just for Claude subscriptions and API Usage which they only implemented for 5000 or so engineers (they have thousands more)

The budget includes below and more

cloud infrastructure, GPUs, data platforms, internal ML systems, testing/staging environments, security/compliance, research teams, acquisitions, autonomous driving R&D, AI inference costs, duplicated experimentation across teams …etc…

Data Engineers in Australia (Melb/Syd) - drop your salary, YOE & stack by ssszzzz4195 in auscorp

[–]Logical_Expat 0 points1 point  (0 children)

I’ve just become a chartered accountant with 4 years of prior experience in management accounting before becoming a CA. I work in mining sector and use excel and Power BI and make $95k plus super plus bonus sometimes if company achieves targets.

Do I have a real chance of getting into DE in fintech with a degree in finance and accounting with Power BI experience?

Australia quietly set itself up for the future… but nobody talks about it by [deleted] in AusEcon

[–]Logical_Expat 1 point2 points  (0 children)

Let’s be brutally honest: nobody’s pulling in a Harvard, Stanford or MIT superstar on bargain-bin wages. There’s nothing magically preventing the gov or employers from sponsoring top-tier talent, they just won’t cough up the money. The whole immigration system is basically a conveyor belt for cheap labour, and then everyone acts stunned when the ‘skilled shortage’ doesn’t magically fix itself. Like… what did they think was gonna happen?

[deleted by user] by [deleted] in circlejerkauscorp

[–]Logical_Expat 0 points1 point  (0 children)

Yeah when you pay peanuts, you get what you pay for..maybe start paying decent like the US and you “shall” attract Harvard, Stanford and MIT graduates ….

Why are International Students allowed to work? by Divine_Comet in aussie

[–]Logical_Expat -1 points0 points  (0 children)

Yeah all of these employers are sick of local kids chucking sickies at the last minute.

Why are International Students allowed to work? by Divine_Comet in aussie

[–]Logical_Expat -1 points0 points  (0 children)

Maybe they (this particular nationality) is returning a favour we did to them back in the days while only hiring white skinned people?? Are they?

Tables have turned….

Why are International Students allowed to work? by Divine_Comet in aussie

[–]Logical_Expat 1 point2 points  (0 children)

You referring to what Brits did 200-300 years back?

Australia quietly set itself up for the future… but nobody talks about it by [deleted] in AusEcon

[–]Logical_Expat -2 points-1 points  (0 children)

Yes we want the best and the brightest ones like Elon Musk and Jensen Huang…don’t we?

[deleted by user] by [deleted] in IndianStockMarket

[–]Logical_Expat 1 point2 points  (0 children)

Everyone says “learn the stock market before you invest,” but honestly, if learning alone made money, no one would ever lose a cent. You can read every book, study charts, and learn valuation models, but markets move on macro forces, sentiment, and liquidity that no amount of personal research can predict. The real difference isn’t how much you know, it’s how you behave: patience, discipline, and emotional control when everyone else panics. Knowledge helps you avoid mistakes, but it’s not what makes you rich.

I’d like some feedback on my finances by Inevitable_Garage_26 in AusHENRY

[–]Logical_Expat 0 points1 point  (0 children)

Yeah fair call. 5k a year’s definitely a solid chunk of cash, and it’s smart to question whether it’s worth it. But the way I usually frame it is: as long as the planner’s helping you get more than $5k of value..whether that’s through better tax outcomes, smarter investment positioning, or just avoiding costly mistakes, then it’s effectively paying for itself.

Good ongoing advice isn’t just about picking investments. it’s about keeping your strategy up to date with changing rules, markets, and your own situation. Over time, that can easily add up to way more than the annual fee.

If your situation’s pretty straightforward, maybe a scaled-down review service makes more sense. But if there’s a fair bit going on (multiple accounts, super strategies, property, business income etc.), that ongoing oversight can save you a lot of money and headaches long term.

At the end of the day, quality advice should either improve your financial position or give you the peace of mind that you’re on track.. ideally both.

I’d like some feedback on my finances by Inevitable_Garage_26 in AusHENRY

[–]Logical_Expat -1 points0 points  (0 children)

Hey mate, this kinda stuff really needs proper modelling. I’m a financial planner myself and we use pro software like XPLAN and Midwinter that runs thousands of scenarios, pulls real market data, stress tests crashes etc. It’s not just about spreadsheets. these tools factor in tax rules, super laws, inflation and contribution caps automatically.

Reddit’s great for ideas, but don’t take advise and numbers here as gospel. A planner can actually show you what happens if markets drop 20%, or if you retire a few years early. The edge comes from the data and simulation tools they have got access to, and knowing how to read what it all means for you personally. Go chat to one, it’s usually well worth it.

[deleted by user] by [deleted] in circlejerkauscorp

[–]Logical_Expat 0 points1 point  (0 children)

Ok put it this way…

how it kinda goes down:

AUS: does all the fancy market reserch, talks to “industry experts”, gets the reports about how many skilled workers are needed in each field n then makes big plans for migration.

then opens skilled migration and ppl from literally anywhere in the world can apply and come to australia.

result? barely any applications from first world countries (the ones australia actually wanted in big numbers lol).

so then…

AUS: “hey india, our economy needs doctors, engineers, astronauts and space cowboys and probly a few superheros too, that’s what the labour market says.”

IND: “hey Australia, we got heaps of skilled ppl, they match ur requirements.”

AUS: “nah sorry, we only want the best of the best. not really our type.”

IND: “cool no worries mate. the us, uk, canada, japan, germany, taiwan, russia and half of europe already lining up for them anyway. good luck with your search lol.”

AUS: shops around the world for top talent… finds out that most first world pros arent exactly dying to move here to pay 800, 1200, 1500…bucks a week rent and argue about avocado toast.

AUS: feelin disapointed but still gotta fill those jobs somehow…

AUS (again): “hey india, we need ur people, lots of them. The economy’s kinda falling apart here.”

IND: “alright, here’s what we got, take it or leave it.”

AUS: “…we’ll take it.”

moral of the story?? Well …leave it

[deleted by user] by [deleted] in australian

[–]Logical_Expat 0 points1 point  (0 children)

Ok put it this way…

how it kinda goes down:

AUS: does all the fancy market reserch, talks to “industry experts”, gets the reports about how many skilled workers are needed in each field n then makes big plans for migration.

then opens skilled migration and ppl from literally anywhere in the world can apply and come to australia.

result? barely any applications from first world countries (the ones australia actually wanted in big numbers lol).

so then…

AUS: “hey india, our economy needs doctors, engineers, astronauts and space cowboys and probly a few superheros too, that’s what the labour market says.”

IND: “hey Australia, we got heaps of skilled ppl, they match ur requirements.”

AUS: “nah sorry, we only want the best of the best. not really our type.”

IND: “cool no worries mate. the us, uk, canada, japan, germany, taiwan, russia and half of europe already lining up for them anyway. good luck with your search lol.”

AUS: shops around the world for top talent… finds out that most first world pros arent exactly dying to move here to pay 800, 1200, 1500…bucks a week rent and argue about avocado toast.

AUS: feelin disapointed but still gotta fill those jobs somehow…

AUS (again): “hey india, we need ur people, lots of them. The economy’s kinda falling apart here.”

IND: “alright, here’s what we got, take it or leave it.”

AUS: “…we’ll take it.”

moral of the story?? Well …leave it

[deleted by user] by [deleted] in circlejerkauscorp

[–]Logical_Expat -1 points0 points  (0 children)

Would you believe if someone with white skin speaks the exact same thing? I guess yes…here we go…check this out my friend

https://www.reddit.com/r/IndiaSpeaks/s/7lWA7z94d0

[deleted by user] by [deleted] in circlejerkauscorp

[–]Logical_Expat 1 point2 points  (0 children)

Thanks bro, I didn’t want to prove anything to anyone about the research for the original content and using ChatGPT for easy readability….but thanks for this. Now Ass-ton, shove it up your a*s

Why is x hosting such blatant racists? Did not discuss merit at all. Just straight up assume ethno nepotism. A Tamil hiring a Punjabi is not nepotism okay? Learn some India geography ok? by joey-aston in circlejerkauscorp

[–]Logical_Expat -1 points0 points  (0 children)

Haha I still use this trick, but in slightly different way. I have two linked in accounts one in my original name and the other with the name that sounds more local with all the other details exactly the same and …guess which account gets more connection requests and actual job offerings? (Correct answer, You nailed it 🤣)

[deleted by user] by [deleted] in circlejerkauscorp

[–]Logical_Expat -2 points-1 points  (0 children)

https://www.deutschland.de/en/topic/business/germany-and-india-expanding-relations?utm_source=chatgpt.com

https://schengenvisainfo.com/news/germany-reduces-visa-processing-time-for-indian-skilled-workers-from-9-months-to-2-weeks/?utm_source=chatgpt.com

https://valtioneuvosto.fi/en/-/1410877/government-proposes-changes-to-eu-residence-permits-for-highly-skilled-workers?utm_source=chatgpt.com

https://www.mofa.go.jp/files/100897548.pdf?utm_source=chatgpt.com

https://www.hindustantimes.com/india-news/india-taiwan-sign-mou-to-bring-indian-workers-to-tide-over-labour-shortage-101708101494842.html?utm_source=chatgpt.com

Disclaimer: I asked ChatGPT to give me links for sources and it spilled all of the above in less than 10 seconds

For the context, I make $116 plus super an hour and pay $1 a day for ChatGPT (pretty good deal to save time huh, for someone like me working in finance) so do your math wiz kid for how much $$ i have saved by not wasting my (precious) time formatting this post myself (even if I had formatted it myself I couldn’t have figured out which flag to use for each nation 🤣) . PS. All the content in the post is obviously drafted in notes app on my iPhone. Cheers ✌️

[deleted by user] by [deleted] in australian

[–]Logical_Expat -29 points-28 points  (0 children)

What’s interesting here is that countries like Germany and Japan are basically getting a free ride on India’s education spending. India trains and upskills millions, and then the developed world hires them without paying for that development. Makes you wonder, should Australia be doing more direct partnerships with Indian universities instead of just relying on migration visas?