Yeah there’s more money floating around, so perhaps more people want to spend it, but why? Most people aren’t getting materially more stuff or even need that much more stuff, consumption’s already god damn conspicuous.
Maybe everyone can afford a jet ski all of a sudden? No, the stims didn’t really do /that/ kind of wealth expansion.
To me, this still looks like the bullwhip effect, which is expected to have an outsized effect on demand over at least a year or two.
Buyers, who got used to “just in time” shipping, got spooked by shipping delays and shortages from their suppliers, because of supply demand imbalances during shutdowns, and as a response they all put in orders for 2 to 3 times the amount they usually buy from their suppliers with the intent of rebuilding domestic stock so they don’t miss out on sales.
The person suspended (and then reinstated) intentionally crashed the meeting, and the person let go, leaked the amount paid to David for the special, which is the #1 no no at Netflix, given their business works primarily on information asymmetry. It’s the one thing you definitely shouldn’t do at Netflix, and they knew that.
So what’s the demand of the walkout? That they cancel the Dave Chapelle special? A black comedian who struggled through accusations being a “mentally ill black crackhead” when he walked away from 50 million dollars?
Doesn’t that just prove his point about the double standard and culture of victimhood and success in the trans movement?
This all seems to highlight the problem he’s bringing to the forefront.
I’m surprised by the cynicism here. Working in software we know that high complexity projects are _really_ hard to estimate.
Hofstadter's Law says it always takes longer than you expect, even when you take into account Hofstadter's Law.
Too many unknown unknowns. If the projects were broken down into smaller chunks, the incremental costs would be better understood as the project progressed.