floetic

[Alex Veremeyenko @alex_verem]

The biggest scam humanity has collectively accepted as normal, according to Claude

[floetic @floetic]

@william_lou I don’t think Lowry signs 1 day, he signs 1 year to replace Temple as mentor :)

[floetic @floetic]

I don’t think Kyle Lowry retires; he’ll sign 1 year not 1 day. I think he signs with DeRozan to run it back 1 more year. #WeTheNorth

[Josh Lewenberg @JLew1050]

Where do you go from here, Kawhi?

[Shams Charania @ShamsCharania]

Kawhi Leonard to the Raptors has been agreed to, sources tell ESPN. The Clippers will receive unprotected first-round picks in 2031 and 2033, 2030 and 2033 second-round picks and a 2027 first-round swap.

[floetic @floetic]

@BlueJays @grok was Kawhi actually at a recent game?

[Sportsnet @Sportsnet]

WHAT IT DO, BABY? 🤩

Kawhi Leonard is headed back to the Raptors in exchange for Brandon Ingram, Gradey Dick and multiple draft picks, per @ShamsCharania 🔄

[floetic @floetic]

@markpinc I need this signed one day :)

[Pensare Basketball @PensareBBall]

No parade is ever going to top 2019.

[floetic @floetic]

I honestly believe De’Aaron Fox is fixing the game vs Knicks… if you watch the previous games there’s been a pattern… who knows…

[MD @mike_daddino]

Here is every terrible play from De’Aron Fox in the second half

[floetic @floetic]

OG ANUNOBY #WeTheNorth

[John Loeber 🎢 @johnloeber]

Notes on 100+ Recent Technical Interviews

I interview a ton of engineers. Recruiting is the single most important technical CEO activity. Here are a bunch of impressions

1. There is a severe ZIRP engineering overhang that is currently washing out. They're getting laid off, managed out, etc. after having been massively overhired around 2020-2022. This is worst for Tier-2 big tech (think PayPal, Bill, etc.) but also FAANGs. These are overwhelmingly bad engineers.

2. This flood of unqualified but good-on-paper candidates makes this the hardest SF hiring market I have ever seen, due to the amount of nominally strong-looking candidates that you need to grind through.

3. I am highly skeptical of "AI as a cause for engineering layoffs". I think this is a large-scale polite fiction -- the companies don't want to admit they overhired, the engineers don't want to admit they are bad at their jobs. Everyone's blaming AI when it's really just the market rectifying itself.

4. Many of these engineers appear never to have had a real engineering function at their corporations. They're sitting in meetings, "making decisions about technology" but are unable to write software. I leave many interviews baffled by what exactly they were doing for so many years, let alone what their manager was doing.

5. I have interviewed some engineers from FAANG companies so shockingly nontechnical that I am forced to conclude that there is either (1) a lot of resume fraud going on or (2) that there are kickback grifts within those organizations -- people hiring their cousins and splitting the pay, that kind of thing. I have no other explanation.

6. There's a fun side-effect where after interviewing 20+ people from certain small but public companies, I actually feel like I am gaining a short sellers' advantage: there are financial technology companies out there that, knowing what I now know, I would never deposit a single dollar into.

8. Based on this "exhaust" data, and extrapolating a little bit, maybe aggressively so: I think folks like @pmarca are basically right when they say that ~every tech company is overstaffed by a factor of 2-4x. Whatever the reason -- staffing ahead of need, monopolizing certain engineer types (Google-style), headcount-driven promotion incentives, the reality is that a lot of these companies are not being run for the shareholders. The aggregate SBC expense is insane, and I expect this is going to get rectified eventually.

I'm sure that AI will play a role in rectifying this -- but I fear that people are going to blame AI for taking people's jobs when the reality is that the jobs were already long-gone, possibly always useless, but the highly-paid butts-in-seats remained. People will be mad at AI for taking away their lucrative sinecures. Maybe that's the same effect from a public policy perspective, but it feels different morally.

[floetic @floetic]

Chet Holmgren over Scottie Barnes? What a joke. #WeTheNorth

[floetic @floetic]

@insanevideos @grok what happened to the fans after this game?

[floetic @floetic]

@UberEats how bad is your route algo? Picked up an order only 2 mins from my place (can’t pick up due to kids) and you had to go 40 mins route out of way to do other deliveries? Disappointing compared to @DoorDash

[floetic @floetic]

@Sandeman52 He’s transparent and posts screenshots of his trades that succeed and failed… do you or do you just claim your positions and wins?

[floetic @floetic]

@chamath You need https://t.co/GyFyWRFnyp cc @garrytan