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jmaestrooper

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jmaestrooper
·hace 5 meses·discuss
>Forecasters expect Friday’s report on gross domestic product to show the economy expanded 2.7% in 2025, a solid pace by any standard for a developed country.

I would be very curious to see if any circular deals aka funny money have been factored in there.

Also, despite literal hundreds of billions presumably invested in data centers where's all the construction, energy, communication, and other infrastructure build activity?

> The latest monthly jobs report published on Feb. 11 by the Bureau of Labor Statistics showed job growth was weaker in 2025 than initially reported, but it also showed hiring picked up in January.

The 2025 numbers were revised down (by the largest number in history - again), and no changes have been made to the methodology/models, which means that January data will be revised, too, so nothing shows that "hiring picked up"
jmaestrooper
·hace 9 meses·discuss
>Is 75 minutes really considered that long of a time?

From my experience in setting up and running support services, not really. It's actually pretty darn quick.

First, the issue is reported to level 1 support, which is bunch of juniors/drones on call, often offshore (depending on time of the day) who'll run through their scripts and having determined that it's not in there, escalate to level 2.

Level 2 would be more experienced developer/support tech, who's seen a thing or two and dealt with serious issues. It will take time to get them online as they're on call but not online at 3am EST, as they have to get their cup of joe, turn on the laptop etc. Would take them a bit to realize that the fecal matter made contact with the rotating blades and escalate to level 3.

Which involves setting up the bridge, waking up the decisions makers (in my case it was director and VP level), and finally waking up the guy who either a) wrote all this or b) is one of 5 or 6 people on the planet capable of understanding and troubleshooting the tangled mess.

I do realize that AWS support might be structured quite a bit differently, but still... 75 minutes is pretty good.

Edit: That is not to say that AWS doesn't have a problem with turnover. I'm well aware of their policies and tendency to get rid of people in 2/3 years, partially due to compensation structures where there's a significant bump in compensation - and vesting - once you reach that timeframe.

But in this particular case I don't think support should take much of a blame. The overall architecture on the other hand...
jmaestrooper
·hace 9 meses·discuss
Hardware doesn't just pop out of the thin air. Data centers need to be built, GPUs need to be produced, and storage, and other compute, and networking, etc etc. All this needs people. Shouldn't there be boom in construction? Hardware manufacturing?
jmaestrooper
·hace 9 meses·discuss
Obviously it's both. Just like dot-com bubble was, as were countless bubbles before that.
jmaestrooper
·hace 9 meses·discuss
OpenAI burned $6.7bln on R&D with revenue of $4.3 bln in 1st half of 2025. And is planning on raising _trillions_ to build compute/storage for the next gen/AGI. How's this not a bubble?
jmaestrooper
·hace 9 meses·discuss
My guess would be infrastructure. Like brick and mortar, buildings, laying down fiber, installing and setting up servers, and then maintenance. Construction is booming... Or should be. Any day now :)