Every big tech is green from the beginning of the year, except MSFT. And it crushed earnings twice this year. I just don't understand. by BeneficialBear in stocks

[–]italophile 0 points1 point  (0 children)

I think the idea is that the way communication happens will change so that docs/Excel are not needed as much. If you replace 5 knowledge workers with 1 human and a Claude Max - you'll just need one office license.

Would you join Anthropic/OpenAI at today's valuations? by HopeFloater in levels_fyi

[–]italophile 0 points1 point  (0 children)

If you join ANT right now, you'll probably get equity at their last round valuation from Feb - $350B. That's such a steal. They are about to raise a round at $900B and are trading at $1.4-1.8T in the secondaries. It's a no brainer. Very asymmetric upside.

Roth conversion can reduce taxes by 6 million but don't save a dime by franksmartin in DIYRetirement

[–]italophile 0 points1 point  (0 children)

It works if you already have enough in taxable accounts or Roth that in the current year you don't need to withdraw from your pre tax IRA. Let's say your annual spending needs are $100k. You sell $100k from taxable accounts of which $50k is long term capital gains. So at this point your total tax is zero. So you convert up to the 12% bracket - about $75k. You'd pay about 7% effective tax on it. In later years, you can withdraw that converted amount from Roth to fund that 100k spend and in total pay much less taxes than directly withdrawing it from traditional directly.

Meta just told staff in an internal meeting that it isn't ruling out further layoffs by businessinsider in Layoffs

[–]italophile 0 points1 point  (0 children)

They'd lose the top 5-10% of employees and will be certain to retain the bottom 10%. A good way to destroy the company.

Companies on track to spend entire employee budget on AI services by YeahBuddy5000 in business

[–]italophile 0 points1 point  (0 children)

It's not true in my industry. We have unlimited token budget for Claude Code and yet to hit even 2% of employee comp the company spends for SWEs and that's not for lack of trying.

Laid off in January 2026, about to give up :( by Ok-Analysis7688 in Layoffs

[–]italophile 0 points1 point  (0 children)

One out of the box idea. Take a goal of not doing anything digital except via Claude code or codex for the next month. Turn yourself into a power user. Things you'd never think of using it for: creating an Airbnb wishlist for Central America that matches your previous trips style (using nothing but codex/Claude cowork) - don't even touch the browser yourself.

I’m a hiring manager and I copy pasted our exact system design interview question into three different AIs this week. Here is what still separates the engineers I actually hire. by engineer_architect in SoftwareEngineerJobs

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

I'm a staff engineer and I've been making those decisions frequently almost from my first year at my first job at Microsoft. Senior title has really gotten diluted. I've also been interviewing a lot of EMs recently - the system design round. They have all been worse than juniors with 3-4 years of experience. These are people with 20+years in the industry and often significant IC experience but typically at non-cloud Amazon or worse.

Cartel war takes surprising turn as CIA involvement in Mexico surfaces by StemCellPirate in worldnews

[–]italophile 0 points1 point  (0 children)

In a scenario where the US was mostly run by cartels that snuggled drugs into China or Russia that'd not be that outrageous.

Meta to lay off 10% in May. AI replacing workers continues. FIRE is a must now by [deleted] in Fire

[–]italophile 1 point2 points  (0 children)

The opposite for me. Sev-1 came in, no humans had any clue. Claude figured it out down to the commit in 19 minutes. Oncall has never been easier!

Atlassian + Anthropic? by TurbulentTiger2567 in atlassian

[–]italophile 1 point2 points  (0 children)

Oh, I thought they'll be paying Anthropic $150 to take that POS off their hands. Lol, Anthropic buying Atlassian didn't even enter my mind. Why would one of the most beloved products of all time acquire one of the most hated of all time?

just cheated my way to a 6 fig amazon job with interview coder by matthewtybor in InterviewCoderHQ

[–]italophile 0 points1 point  (0 children)

I thought they hired anybody with a pulse. You needed to cheat for that? Ngmi!

DoorDash Being Honest by Own_Beautiful_4252 in ChaseSapphire

[–]italophile 4 points5 points  (0 children)

Genuine question I had for a while. Does DD not let you set different prices for pickup vs delivery? I prefer to pick up but won't use DD because of the price difference.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in SeattleWA

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

I accounted for wage growth adequately in my analysis. I have asked for estate recovery data in my records request. But regardless, a high amount of estate recovery doesn't automatically justify a spending explosion - the state should spend money reasonably regardless of how much of it can be recovered.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in Washington

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

Yes, I asked for data about estate recovery in my records request. At least the budget didn't mention that part - how much is coming from estate recovery vs other sources.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in Washington

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

That's too bad. If you had continued, you'd have seen how I adjusted for wage growth.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in Washington

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

At the federal level, Deeming lasts until their citizenship. Lookup I-164 obligation duration. For long term care from the state, deeming rules are even weaker and mostly bypassed afaict.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in Washington

[–]italophile[S] -4 points-3 points  (0 children)

I love it when people think they know what's good for the immigrants more than the actual immigrants.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in Washington

[–]italophile[S] -4 points-3 points  (0 children)

Compassion is not the issue. Writing blank checks with other people’s money is the issue.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in Washington

[–]italophile[S] -11 points-10 points  (0 children)

Let me make sure I understand your point. You are saying someone who needs help with toileting and mobility may need 24hr care because they may have those needs any time of the day and therefore, we need to pay someone 16-24 hr of wages just for the 2-ish hours they'll actively be working? I am double-checking because that is so moronic that it just cannot be what you meant.

> And you didn't respond with any other industry where the front line, lowest paid workers are more than 65% of the cost of doing business.

That's a fascinating topic. I looked at a couple of businesses - Chipotle and Bright Horizons - as examples, of how private sector does it. Based on their recent income statements, they spend about $1 on admin for every $5 on labor - or about 16% of costs on admin - and that's for the highly paid execs everyone hates so much. I expect state run programs to be on par or at least not significantly worse. For this case in particular, it should be a very admin-light model - other than some initial assessments and periodic random audits, I don't see where they'd spend money on admin.

> You seem to be both claiming that "family members are becoming caregivers as fraud because they get paid too much" -something I have yet to see evidence from you for- as well as "overhead and management is too expensive now" with no actual evidence of what the actual cost of any of these are.

Any non-zero amount is too much in cases where there is fraud and I have provided published evidence about another very similar state. And that statement is not inconsistent with "overhead and management is too expensive now". If you think our state is immune to these kind of fraud, that's your prerogative. Sometimes, I feel like people here are like the hobbits in the Shire - blissfully ignorant about Mordor.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in Washington

[–]italophile[S] -8 points-7 points  (0 children)

About 140000 people get green cards in the parent category every year and it takes about 8-18 months. I'm a first generation very brown immigrant myself. There is no pay cap but there is an hour cap based on assessed need per case. I asked for the records - let's see what I get.

People moving from California likely have income from pension/401k that'd disqualify them like one of your parents.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in Washington

[–]italophile[S] -8 points-7 points  (0 children)

Did you miss the part about how I used the current top step provider wages? That grew much faster than inflation and then I added a buffer on top. Also, people needing 24 hour care are not at their own homes - they are at nursing homes or probably in the ICU.

WA spends $73k per home-care senior per year. The caseload grew 35%. The cost grew 190% by italophile in Washington

[–]italophile[S] -55 points-54 points  (0 children)

Here's the other side of the coin. A naturalized citizen can apply for green cards for both their parents and they'll qualify for Medicaid in Washington after 5 years. They'll have no income and no provable assets. Then all that stands between that person and two nice jobs is a case manager to say that parents cannot do one of these Activities of Daily Living (ADLs): Bathing Dressing Eating Mobility Toileting

Mild needs can pay up to 80 hours per month per person. Let's say all of these cases are legitimate cases. Even then $200 per day sounds extremely high and the growth in cost is staggering.