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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: suaspontemark   😊 😞
Number: of 19824 
Subject: Re: This piece was decent - future earnings estimates
Date: 02/17/26 2:36 PM
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Some coders have already been shed at various locales, government and private, and there isn't a strong indication that was a blip. These aren't just the sort of "Meta laid off 6000 people" sort of headlines, but rather people I know - people who have been building their own hardware for years, people who code solutions to peccadilloes, on the commuter train, on their phone. These folks were, a few years ago, getting offers of 250k+ a few years ago for even showing casual interest in a new gig.

Part of this is due to a phenomenon when the Googles and such of the world were so awash in cash that they hired people just to *prevent* their competitors from hiring them. Dry up the labor pool, on purpose. Those halcyon days seem to have gone away.

The machine has hit other industries too; a decades running fluent Russian and Chinese linguist I know well says that entire line of work is trending towards "the human does QC, the machine does the work as it is quicker and ever more accurate" where a few years ago machines were turning out comical/bad approximations of what a talented linguist could yield.
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