CF: Do you think that stigma associated with age is strongest in the tech industry?
DL: Yes. Mark Zuckerberg said that young people are smarter. Now, he said that a long time ago, he probably would be more diplomatic and discreet about it now, but I bet he still believes it. I think in tech there is a plentiful supply of people in their twenties and they are all looking for work. It may be that we are in this period where technology is erasing jobs faster than we are creating them, so we have a net loss of jobs. So that means that you have a surplus of workers. If that’s the case, why wouldn’t you just hire people in their twenties who are cheaper and younger and don’t have distractions?
I’m not even sure what to add here, but this is absolutely the truth. All things being equal, why wouldn’t you hire younger workers who don’t expect as much money, have fewer outside responsibilities, and will probably leave before you need to pay them much more, allowing you go back to the start of this process again?
Because things are not always equal. Sometimes, when you follow that practice, it’s bad for your business. (Sometimes it’s also you know, illegal.) I’m not sure many of the people who run tech company’s have figured that out yet. They don’t have a long term vision beyond the IPO or acquisition. 😉
Do you admit to being “old” when working in a tech company? Would you?
Stefanie’s list of questions is a good place to start for really anyone. “Who – who specifically does it help? What – what problem does it solve? When – do you know the right time to post it on social for maximum reach? Where – are you posting it on the right channels where your…
“Google has spent a while reducing Chrome’s sometimes notorious demands on your system, but it knows that its web browser still needs some work. Accordingly, the upcoming Chrome 55 will include an upgraded JavaScript engine that significantly reduces the memory footprint. Given that many modern websites thrive on JavaScript, this should lead to some dramatic…
Can’t say that I’ve read anything on Salon in years, but this is an interesting response to ad-blocking, which is not going away: “Salon.com has a new, cryptocurrency-driven strategy for making money when readers block ads. If you want to read Salon without seeing ads, you can do so—as long as you let the website…
In certain circles, this sounds a lot like a “bubble”, and we all know that bubbles eventually pop, right? “At the same time, college graduates filling these middle-skills positions (those that require more than a high school diploma but less than a college degree) such as supervisors, support specialists, technicians, sales representatives, data analysts, and…
Let me fix it for you, what JPMorgan is really doing, is weeding out anyone who might actually want to work differently than the way Wall Street has always worked.
It’s almost like they have no interest in actual diversity, employee mental health, or work-life balance. Of course, we know they don’t. Wealth Management isn’t about the people who work for you, it’s about how much money they bring in, period.
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