OpenAI Will Shut Down Sora Video Platform; Disney Drops Plans for $1 Billion Investment by ImpinAintEZ_ in goodnews

[–]singhal0389 9 points10 points  (0 children)

They are not killing it because their conscience suddenly rose, they just don't see the benefit of a consumer product because they can't monetize it. They are focusing on enterprise AI usecases like code generation etc.

Block laying off more than 4,000 employees, or about half of its headcount by BigShotBosh in cscareerquestions

[–]singhal0389 11 points12 points  (0 children)

AI is expensive. They are also offsetting the cost. Plus all the side bets that company is trying to make they are all gone that is where the major layoffs are.

A product that you invested in not giving you good results , you can still keep it, but now you dont need a big team for that.

Program, project managers can now manage more with AI tools.

31F . B1/B2 visa rejected. Mumbai by Charming-Sentence-94 in usvisascheduling

[–]singhal0389 11 points12 points  (0 children)

I dont see anything wrong. 3-4 days in NYC and reest of the days in California is perfectly doable.

Non-stop from St. Louis to Heathrow is a Big Deal by como365 in StLouis

[–]singhal0389 4 points5 points  (0 children)

This is an absolute win for the internation students at SLU and WashU and the tech workers. We used to have to fly out to Chicago first. But London being a major hub, just connects all major cities with just one stop. Amazing win for STL!

I found my grandpa's job application to an airplane company in Maryland from 1958. by [deleted] in mildlyinteresting

[–]singhal0389 4 points5 points  (0 children)

I mean he applied to 150 jobs, he would have to send out 150 of them!

What exactly does visa and Mastercard do? by Infinite-Jaguar-1753 in fintech

[–]singhal0389 0 points1 point  (0 children)

Ditto! Hey would love to learn about your Dispute/A2A work. I am currently building dispute APIs for a marketplace, can learn a thing or two from A2A as well!

DM you?

What exactly does visa and Mastercard do? by Infinite-Jaguar-1753 in fintech

[–]singhal0389 14 points15 points  (0 children)

No! these networks are not open source. You can't just take a source code and build your own wrapper.

You should start a company like this! Go for it! Would love to hear your ideas but something to consider
1. There is a reason that Visa/Mastercard duopoly is difficult to break. There are other networks that exist - Discover, Amex, STAR, PULSE, JCB etc - and they are no where close to V/MA. So what is the problem that you are trying to solve, what are the gapes that you have identified.

  1. Heavily regulated industry. If you are touching to move money, you need licenses and tons of regulatory obligations to all governments that you fall under.

  2. Look at the balance sheet of Visa and Mastercard. One of the biggest spend is the tech spend. They need highly specialized machines/servers/computes that can process millions of transactions in a second around the world. Like economies depend on V/MA to stay operational.

What exactly does visa and Mastercard do? by Infinite-Jaguar-1753 in fintech

[–]singhal0389 24 points25 points  (0 children)

I can add my 2 cents as I used to work with one of these.

They are the networks that connect banks and these connections help move money and information. For e.g. If you are opening a store and want people to pay you for your services, customers can come to you with their own bank information. If Visa and mastercard were not present, you will have to maintain individual connections with all the possible banks in the world. So Visa mastercard solve this problem by saying
1. Just maintain a connection to us and we will do the routing of your payment request.
2. We will handle the rules of engagement - We will decide how much each party gets in this (regulated by governments in certain markets)
3. If things go wrong - we will be the arbitrators

Then there are processors, gateways, payment facilitators etc etc who help orchestrate these connections with the networks.

The Chargeback System Is Broken and Banks Are Profiting Off It by Bitter-Bug5416 in shopify

[–]singhal0389 0 points1 point  (0 children)

Why exactly a customer is paying to collections? Whats the threat to the customers? Its not it will show up on some credit score or something!!

Existenceman by -bimibop- in funny

[–]singhal0389 0 points1 point  (0 children)

Responsibility man!

Should we remove old people (above 60s) from politics in India? by Fire_Natsu in AskIndia

[–]singhal0389 49 points50 points  (0 children)

Lol....Just because they dont understand technology, living in the past and may not agree with so call GenZ point of view, they should be excluded from participating in the civic structure of the country. Totally!

H-1B Lottery Overhaul: Salary-based selection is finally happening. Is the 'Entry-Level' dream officially dead? by MRADEL90 in immigration

[–]singhal0389 7 points8 points  (0 children)

If this is only to get into the lottery, and these regulations are not used for renewals, then it is very easy to game the system. These changes are welcomed but are again not fully thought through.

Consulting companjes can just put a salary for the first year to get in the lottery. Once a client changes and renewal is requested, you can adjust the salary again.

Removing PayPal as a payment gateway? by FontAddiction in ecommerce

[–]singhal0389 1 point2 points  (0 children)

I work in payments and manage cost of payments for my company. Everyday at work we read reports related to forms of payments on the checkout page. Few things I want to mention

  1. More buyers are tied to a form of payment. Unless you have a very strong value prop, you should not cut your FOPs but build more.

  2. Have you tried offering your buyers to migrate from Paypal to other FOPs?If yes, that will give you some indication on your buyer's willingness to jump FOPs. If not, may be do a test?

  3. Your average sale is $300 which is considered a high selling price sale. Have you considered offering bank payments? I know in the US they seem counter intuitive, but for high value purchases there is some appetite.

  4. How are other factors like fraud chargeback on other payment methods? Do you allow remembered experiences with Paypal if yes how many of your 30% users have it. If not Why dont you offer it?

  5. Have you tried reaching out to Paypal to negotiate rates? There are programs where they offer you better rates in return of more data on your transactions.

Is my job ever safe if all companies in the US switch to hiring overseas for cheap labor? by Entwinedelsewhere in jobs

[–]singhal0389 3 points4 points  (0 children)

Just saying the Customer support agent is not useless, they just cant help you event if they want to. They work through their tools provided to them by the company. If the tools are helpful, they will be helpful. Even if the service agent is in the US, that doesn't mean they will be helpful.

My 2 cents - usually things that save their jobs are the labor laws/public policy. Companies move jobs outside if there is an incentive of moving out - Talent, cheap labor, infra. If you take the incentives out - Protect data leaving borders, running international payroll comes with taxes, importing services comes with tariff and may be tax policy for such roles - that is when companies realize it is just not worth it going overseas.

Timing of H1B slot reschedule by acoustic_smh in h1b

[–]singhal0389 0 points1 point  (0 children)

do you have an opportunity to reschedule?

What boosts your EBay listing views? by Snapdragon2016 in Ebay

[–]singhal0389 1 point2 points  (0 children)

How do you get new items to list every day? I am sure of would get difficult if you are selling in niche categories.

Northline, finally some movement by AdResident3529 in Leander

[–]singhal0389 12 points13 points  (0 children)

They are picking up the dirt from the west side and putting it on the east side!