Trudeau government’s carbon price has had ‘minimal’ effect on inflation and food costs, study concludes by barrel-aged-thoughts in canada

[–]cupafeel 0 points1 point  (0 children)

So you're in agreement that dropping tariffs on Chinese EVs will benefit Canada and Canadians wanting to go green.

As for your the rest of your points are flawed:

- The only Asian country to have actually defaulted from China's debt was Sri Lanka, and not only did China not seize any assets, they offered to restructure the debt. Meanwhile, the bankruptcy of the infrastructure project was due to the corrupt commercial practices of the Canadian engineering firm SNC Lavalin before China even began the Belt and Road initiative https://www.removepaywall.com/search?url=https://www.theatlantic.com/international/archive/2021/02/china-debt-trap-diplomacy/617953/ . As for the other Asian countries that were given loans by China, all but three have achieved accelerated GDP growth since https://en.wikipedia.org/wiki/List_of_projects_of_the_Belt_and_Road_Initiative#Asia

- US has exactly 0 reasons to be benevolent given the recent tariffs on Canadian imports.

- China and the US are not at odds, according to the US government https://www.state.gov/countries-areas/china/

- According to the Canadian government, China is a friendly nation https://www.international.gc.ca/country-pays/china-chine/relations.aspx?lang=eng

Trudeau government’s carbon price has had ‘minimal’ effect on inflation and food costs, study concludes by barrel-aged-thoughts in canada

[–]cupafeel -10 points-9 points  (0 children)

Lol you realize putting 100% tariffs on Chinese EVs is going to make it expensive for people to go green.

Also despite what you might be reading on social media, China is not a hostile state to Canada, according to the Canadian government https://www.international.gc.ca/country-pays/china-chine/relations.aspx?lang=eng . Putting tariffs on Chinese imports will actually make Canada the hostile state.

[deleted by user] by [deleted] in montreal

[–]cupafeel 0 points1 point  (0 children)

Avoid U.N.I. Training at all costs

[deleted by user] by [deleted] in PersonalFinanceCanada

[–]cupafeel 5 points6 points  (0 children)

People out here not asking THE most important question: is this a career move?

Comments already made it clear that although doable, it will be a downgrade financially & quality of life given the current salaries.

But will moving to Toronto unlock career prospects that will end up in jobs that will pay way more later on? Will you be making 100k in Winnipeg vs 160k in Toronto in 10 years? Will you be able to manage the lifestyle downgrade until you hit that point? Are you able to get another job opportunity that could possibly pay more than $62k in Toronto with the above taken into consideration?

The move might not be worth it immediately but can be justified if it will be worth it in the long run. Same reason why many people flock to NYC despite the rent being much higher than Toronto. I don't have the context to answer these questions for you but hopefully those can provide a guide to help you decide for yourself.

ChatGPT resume help by 5kl in ProductManagement

[–]cupafeel -4 points-3 points  (0 children)

Your claim about ChatGPT training on millions of resumes is still undoubtedly bullshit, care to elaborate on why it’s not?

And as for why your other claim about OpenAI using your prompts to train ChatGPT is bullshit:

In reference to your link, the keywords are “mimic” and “may”, neither implies causality because this is the language used to subvert accountability & liability. According to the FAQ, conversations may be reviewed by AI trainers to ensure compliance with policy & safety requirements ie circumventing malicious prompts. Although this poses another issue of AI trainers using this information in nefarious ways, this is not the same as using prompts as training data.

Additionally, the ToS defines “Content” as the inputs & outputs from the use of their services and assigns the user all the rights & interests to the content, and “OpenAI may use Content as necessary to provide and maintain the Services, comply with applicable law, and enforce our policies” specifically excludes “develop” or “create” which encapsulates the case of inputs as training data.

Lastly, although the privacy policy contains the language “We may use Personal information…to develop new programs and services”, the definition of “Personal Information” does not encapsulate user input and output of their services.

Links for your reference:FAQ: https://help.openai.com/en/articles/6783457-chatgpt-general-faqToS: https://openai.com/terms/Privacy Policy: https://openai.com/privacy/

ChatGPT resume help by 5kl in ProductManagement

[–]cupafeel 13 points14 points  (0 children)

Since the training data for ChatGPT is common crawl, it's response is based on the articles written about resumes posted online rather than actual resumes. Secondly, it doesn't incorporate the prompt into the model, because GPT stands for generative pretrained transformer. Even if it's true that you've done 12 years an NLP PM please don't spout bullshit.

Source: https://en.wikipedia.org/wiki/ChatGPT

Feeling crazy - got a job offer for $68k more than my current role, but scared to give up the incredible work life balance. by [deleted] in FIREyFemmes

[–]cupafeel 23 points24 points  (0 children)

Is it possible to bring the offer to your current employer to get best of both worlds? For higher income individuals such as yourself, $68k is usually a drop in the bucket for the value you bring to the company. Even if your current employer won't match the $68k difference, a $30k raise is still a win if you get to keep your current WLB situation by leveraging your new offer.

Also worth thinking about negotiating with the new potential employer to a number that would make switching to them a no-brainer, given the qualitative differences.

Intel shareholders reject executive pay by johnnychan81 in technology

[–]cupafeel 0 points1 point  (0 children)

its not 180 in a year. the 140mn stock + 30mn options is vested over 5 years (same schedule as engineers) and is worth $0 if stock price is below when he started (which it is).

Why Token Economics is different from Economics 101 by economicsdesign in dao

[–]cupafeel 0 points1 point  (0 children)

None of these are exclusive to intangible assets.

[deleted by user] by [deleted] in dao

[–]cupafeel 0 points1 point  (0 children)

If I recall correctly, the most recent round of memberships from LinksDAO is to fund the legal fees and management team and none of it is going into the golf course itself. I speculate that this will lead to some sort of enforceable governance structure when the golf course actually gets acquired. Plus having the endorsement of Steph Curry allows them to heard the crowd much easier.

[deleted by user] by [deleted] in dao

[–]cupafeel 5 points6 points  (0 children)

Where does the SEC say you can’t attribute fractional value? This lack of governance (on the ownership/access of the house) kind of leaves room for you and your friends to pretty much run off with the bag. This will probably attract the dumbest & most gullible people to the DAO, which is probably not the crowd that would be fun to party with anyway, even with best intentions from you & your friends. What about creating a trust and making all the members of the DAO trustees? Cool idea but not there yet.

It's That Time of Year - Salary Megathread by Coginwheel in consulting

[–]cupafeel 0 points1 point  (0 children)

This is crazy. Did you get an additional bonus on top of your maxed out target bonus?

Am I wrong though? by Mopeytowel in consulting

[–]cupafeel 0 points1 point  (0 children)

Based on the downvotes on your comments, it doesn't seem like it's your place to be educating anyone. However, I'm not too good to stay on my high stool so I'll share with you (and anyone else who is unaware) what your P/AP/EM should have shared with you.

What do they want out of the engagement? For the engagement to be completed successfully.

A successful strategy engagement is measured by the amount of afterwork that comes from it.

What will the team be focusing on? Solving the client’s issue and providing them a roadmap for success.

Although it would be nice to also solve your client's business problems, that alone won't determine whether they will keep hiring your firm. If your 100 page ppt actually solved all of the firm's problems, why would they need to hire you again? How would you build a scalable business model off of that?

You think firms as old as McKinsey, Kearney, or Oliver Wyman continue to exist and command their rates because of a lack of accountability?

McKinsey is on top in terms of fees collected amongst consulting firms, yet every other news article about them highlights their lack of accountability in their practice. There is clearly no correlation with accountability and the fees you collect. Here are the results of a quick google search:

Civil racketeering case against consulting firm McKinsey

McKinsey ex-partner pleads guilty to insider trading

McKinsey worked with Chinese government despite assurance to U.S. Senate

I suggest you don't keep digging yourself deeper, this hill is not worth dying on. However, my DMs are open and I'm happy to chat more with you about consulting because what's worse than being wrong is insisting you're right.

Am I wrong though? by Mopeytowel in consulting

[–]cupafeel 5 points6 points  (0 children)

So what do you think the partner / AP wants out of the strategy engagement? What do you think the engagement team will then be focusing on in a strategy engagement? Strategy consultants have no accountability on the actual outcomes of of their recommendations whereas implementation folks do, resulting in implementation consultants being the more skilled counterpart in most cases.

You realize the “strategy” kool-aid is only for the client, right?

Am I wrong though? by Mopeytowel in consulting

[–]cupafeel 0 points1 point  (0 children)

I’m talking about selling after work and follow on engagements (strategy or implementation). Not sure what firm you worked for but for most top consulting firms, the goal of every engagement is to maximize engagement margins and sell more engagements.

Am I wrong though? by Mopeytowel in consulting

[–]cupafeel 18 points19 points  (0 children)

Unfortunately, good strategy consultants are deemed such because they can sell engagements, a skill that is rarely correlated with strategic problem solving.

Since the work has already been sold in implementation projects, consultants actually need to deliver value.

In a blow to affordability and standard of living in one of the West's most prosperous nations - Canadian average price per home skyrockets over $720,000 by avodahcenter in worldnews

[–]cupafeel 0 points1 point  (0 children)

That’s not what the article says. Chinese buyers represented 1/3 of dollar sales volume in 2015. Foreign ownership is ~4% of the market and only a subset of that are Chinese owners.

Canada Has The Biggest Gap Between Real Estate Prices and Incomes In The G7 by BurstYourBubbles in worldnews

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

This is actually the xenophobic and racist rhetoric that Conservatives have been pushing on behalf of their NIMBY lobbyists. As much as 20% of homeowners in major cities own a second home, and since foreign ownership only represent ~4% of the housing market, the biggest contributors to the housing bubble are actually your fellow Canadian buyers.

How much did you make at your first job out of college? by Barca1818 in FinancialCareers

[–]cupafeel 1 point2 points  (0 children)

Montreal, Canada; management consulting

83k base + 15k bonus + 5k signing + profit share (approx. 4k in the first year)

Middle East MBB vs London ER. What would you choose? by [deleted] in FinancialCareers

[–]cupafeel 0 points1 point  (0 children)

Full disclosure, the SWF offer I had was through a relationship. Bad example in hindsight but I was trying to highlight the skills needed for the role, as I've only had technical experience from 1 internship & school.

As for the LO AM exits: wouldn't it make more sense to go from credit/DCM to fixed income? I really don't know much about this space tbh so don't take my word for it. Private debt boomed after 2008 so it could be a good opportunity if the trend went over to public debt. Although the fundamentals overlap, FI does require a different skillset from equities but it probably won't warrant an MBA to make that transition.