@@tea9721 Yeah, if they legit went out they were firing them, then nobody would wanna take the position. Being a normal employee and getting fired barely anyone will care, but if you're a high position and do, oh boy it'll hit your reputation.
I have a friend who works at Unity, and he basically said that a few months before the changes, they asked people who worked there what they thought about if said changes came into effect and not one person thought it was a good idea, it was overwhelming opposed by the staff and developers, and months later they pushed it out anyway, regardless of the fact that their own workers told them it was a horrible idea
Im a developer myself and I believe that downsizing like this could also be cause for most of these companies already have their core features built. Getting rid of half the dev team would yes slow down new feature development but it wont suddenly cause the applications to collapse in on it self. They can just focus on maintenance and slower new features and its totally fine. I think more developers should realise that a lot of times you’re working on a project and that project could come to an end and then you need to find something new
This also maybe a result of the over all bloat that coincided with a lot of the these tech professions. I think these over inflated salaries for remote workers, on top of bs titles like office mangers and diversity x,y,z lead to just nothing besides a waste of money. Also a lot of products have suffered from just bad quality and design, I mean look at modern gaming... SO I hope down sizing allows teams to re tool and focus on good core design.
This is what sort of happens when you build industries around people that don't have disposable incomes. You essentially start babysitting people with no ambition to be productive.
When I used to work corporate the company would have so many layoffs and we’d all think there is no way the company is going to survive. Flash forward to now. Company has a entirely new staff. Not one person is still here today. And the company is still going strong. Companies last employees don’t
It's why most employees who are loyal end up having lower salaries to those who switch to jobs that offer higher salaries. In tech, always be looking out because you never know when it's your turn.
@@SkumleBones GameStop is just simply failed to adapt. Who needs GameStop when Amazon exists and the gaming industry is shifting to digital downloads and streaming? Years ago, they could have been much bigger than the current Steam if they had pushed for their digital store early on.
They really need to start charging for new servers, old servers get a year free then cost $. Just charge like $1-2 and then still have nitro to add the features, etc.
Most of these companies were never sustainable. They operated at a loss pretty much since their creation and skated by thanks to regular venture capital investment. Over the past couple years a lot of investors pulled back tech investment and a lot of these companies are really getting hit by their losses for the first time.
I mean this is a classic buisness practice. Run the buisness at a loss to gather users and accustom them to your product/platform/app and once you have enough, switch from gathering custommers to monetizing as much as possible. Through ads, a payed subscription service, an increase of the price of said subscription, take a bigger cut out of content creators . UA-cam, Netflix, they were both run at a loss years after they had become succesful in our societies, and only started making a profit afterwards. Thing is, not everyone wins at this game. Twitch, E-Sports, Discord, they are past the time when they could say they were gathering users. They tried to increase their profits, but its not working.
@@popkhorne5372Yep. The other problem is that most of the current crop of companies thought the free ride would never end. Usually companies aim to acheive profitability around the 5 year mark but some of these companies kept operating this way for like a decade and the owners figure they'll just sell the company when it starts failing. Eventually investors cut their losses.
Not just venture capitalist investors, but also in case of Social Media like Twitter, it was a moneyhole that NGO's and oil princes used as a propaganda tool as pretty much every single politician is on there. The monetary black hole was a piss in Missisippi compared to the political and cultural astroturfing it allowed.
Not to mention that most of these companies (and their employees) whole-heartedly supported the Democrat platform and voted accordingly. The Democrats then obligingly did exactly what they said they'd do, and crashed the economy. Companies like these can only support large numbers of nonessential personnel (DEI hires, HR departments, etc.) when the economy is hot and the money is flowing in...or when the government is paying them surreptitiously in order to gain their assistance against its political rivals. Once the economy stagnates, the money dries up; or, if the political rival is dealt with, then the partnership is no longer necessary and the apparatus of government ceases to employ the carrot and breaks out the stick instead. Kinda like what the Democrats did with Antifa and BLM once their antics were no longer advantageous to the regime. 🤷♂️
If you work in tech(and probably lots of fields) you’ll soon learn 80% of your coworkers are incompetent and only can see a few days ahead so they quickly make code bases unmaintainable, sometimes on purpose It’s definitely harder to get a job in tech than it was 2 years ago but it has nothing to do with AI most of the time
But doesn't A.I basically replace the need for junior programmers? It feels like it would be right greed's alley to replace junior devs with AI for the short term money and then panic after years when they realize theres no senior programmers left since they didn't hire any juniors to train.
@@NewbieTuwbie "But doesn't A.I basically replace the need for junior programmers?" No, that's not how AI works. It will write some basic code, but you still need someone to prompt it correctly, be able to verify that it's valid and maintainable code, insert it properly into the existing codebase, test it, and debug issues (which can sometimes be done by AI, but other times can't if it's too complex of an issue). Maybe it will get to the level you're describing in the somewhat near future, but it's not there yet.
@@Impervious11 I see! I figured that these kinds of tasks would be handed to juniors and a senior would still have to double check everything before it went live. In turn making it faster for a senior to prototype off an AI and then implement it instead sending off a junior on their own for a longer time. (These are all baseless assumptions because I work construction, not tech. lol)
@@NewbieTuwbie AI at the current stage is kind of like a junior dev. You need to give it very clear instructions and it writes crap code, so you need to review it after. But AI takes a lot of work out of writing standard boilerplate stuff. It's also faster to use AI to find the right syntax as oppose to Google or Stackoverflow. But at the end of the day you need a senior to make use of AI.
I'm in tech and here is the problem. Previously there was this big push for growth and to VC money was pouring in to capitalize on the next big thing. 2020 happened and the interest rates for business loans went from 2.3% to upwards of 7% and huge influx of VC funding stopped. As such these businesses are figuring out what is actually needed and right-sizing. While it seems bad, this is actually healthy and hopefully on the track to stop the "Capitalism requires infinite growth." The only downside now is it will be harder to start a new company and get funding AND services are going to start costing more (previously companies were using VC funding to subsidize low fees to capitalize market share). This is basically the tech industry stabilizing. There are still TONs of other industries that are not tech that need tech workers and that is were these people should be moving to. ADDITIONALLY B2B sales is a COMPLETELY different equation because sure, you might spend hundred of thousands of dollars or even millions but you need to see some sort of return on that investment. That might be attracting better talent, saving time on task, or simply being able to put out a better quality product.
Hey, that's a rly good tip! There's an IT department for most company that's not tech oriented so there's a better chance at finding a job at one of those companies is what I got from your comment... I'm just starting out in tech, I'm in my last year of college, do u think internships are the way to go or should I aim for a jr position?
Exactly this. Tech people can easily find jobs in automotive, local government, construction, agriculture, etc. I'm not tech by trade and I'm self taught on AI. I make small NLP applications or data extractors for my work and they think I'm a god.
@@lukashenrique4295 Experience and know how are king. I guess it depends on what you want to do but whatever gets you in the door. A lot of tech workers switch jobs every 2 years or less. Don't be loyal to a company. You'll get a lot better pay by doing the same job at another company than you would by staying with the one you're at.
@@lukashenrique4295try and figure out what field you want to be in. Networking, storage, virtual infrastructure, servers, vulnerability remediation, software developer, etc. etc. etc. If you can figure out what route you want to go, go get a basic certification in that field / leading technologies. Microsoft, red hat, VMware, dell EMC, Palo Alto, Cisco, etc. etc. all offer certifications in some form another. Got no idea? Get a junior position doing anything, spend a couple years learning different things, throw youe name out to try and learn a new technology/ help implement it, find what aspect of IT you love. Get another job elsewhere for 10 - 30k+ more than the junior position. Rinse and repeat. Don't love the company, love yourself and value your career growth and recognize when you are being underpaid for what you've learned and what your role evolves into over time.
Twitter fired half it's staff and kept running business-as-usual. Companies have realized when push comes to shove, most tech companies are over-inflated and they can trim the fat.
yeah, aftee people showing their routine in big techs, they just eat and do some meetings, little to no work lol, these people got fired, its sad, but its true
@@shaheedk.3386 I mean, that's market valuation. But the app is working as usual basically. Servers are running as usual, it's not like it's some mess, getting hacked, or slow to load or anything. The app is there, it works. Everything's cool. The valuation stuff is affected by a lot of things relatively unimportant to the end-user.
I agree with your end point but Twitter is not a great example. If revenue is halved at the same time, all you've done is reduce the size of your business, not proven you're bloated.
When it comes to Twitch I have a hard time believing they need 1500 people to run it. And how can it not be profitable? Are they not skimming a percentage from all the camwhores?
I doubt any of these companies are dying, they simply want more money. Dan Clancy sitting there with a shitty camera and poor background, trying to imply he's barely getting by.
@@olebrumme6356Its more about protecting their growth. The way most modern economies and bigger businesses are set up is based on a constant growth model. A company has to constantly show that its growing or investors get pissed off and advertisors are less likely to buy ad space. These companies are seeing the economic storm hitting and they're laying off employees because its a quick way to free up some cash for their end of year balance sheets to show investors.
It does. Worldwide translators, multilingual moderation hosting payment processing updating across multiple OS around the world, abiding by laws. Handling tens of thousands of TOS breaking reports, daily. Advertisement and graphic design around the world. Hosting. Banking. Legal. It's far too much work for 40 people in just the U.S. but this is why you don't run a worldwide company. It's not a hot dog stand.
@@FamiAoi _It does._ Most of things you mentioned are either one-time or simply require once a year processing. As far as reports go, most of them are not being addressed.
It does not help, but part of the main issue I think is just the business model. They offer so much for free and unlike Google they don’t have any kind of advertisement etc going on.
Companies over hired in every sector during COVID. Now companies are laying off a ton of tech roles. There are a TON of over saturation in the tech market. However, part of the reason is because the devs are experienced and they made a LOT of money in their roles. Many of them don’t want to take a pay cut. But there are still a lot of jobs at smaller companies, or markets that aren’t META, Google, etc. The experienced devs just don’t want to take the smaller company jobs because they don’t pay as much. On top of that, the smaller companies want experienced leads because they don’t want to pay money to train anyone, and they want efficiency. So there are also a ton of people in the tech market that have no experience and they can’t get a job because all positions want 3-5 years of experience. It’s just an all around shitty situation.
If they want to cry about losing money, then they should just go out of business. Other people will make businesses and services to replace you, and do it better. No point in keeping trash around.
Staff on a dev team usually have a range of top performers vs bottom performers. It’s pretty common to have staff that can easily double or quadruple the production of your worse performing staff, especially if they’re working remote and AFK half of the day. Layoffs are an opportunity to “trim the fat” and let poor performers go without the headache of individual firings. So a 25% reduction in workforce usually doesn’t linearly result in a 25% reduction in production.
@@utilae1often devs give an estimate to a task in some abstract points, one who does less points in a week/month is less perfomant. It is important that each dev gives the same estimate for the same task.
@@utilae1 The worst case I’ve seen is at Facebook. Everything that can be recorded in metrics, is. Pull requests, # of lines, code reviews, code review comments, uhhh. Maybe more. I only briefly got a glance. All that data is graphed and displayed on a public team page so the entire team knows who is more or less performant than the others. Management doesn’t need to slave drive when they out team members against each other. But even if a dev team doesn’t go that far. It’s usually pretty easy to get a feel for who is slow or less knowledgeable.
This is obviously a young guy vomiting his opinion with no real world experience. I have 15 years experience with a masters degree in engineering. Poor performers get bad performance reviews and eventually fired if performance doesn’t improve. Usually poor performance is a result of bad life events like a death in family or divorce. I have seen top talent get let go time and time again in layoffs. What you dont seem to understand is college/uni and rigorous interview process weed out poor performers. In the tech world, everyone is hired for specific expertise in a field and we all work together to make products. Also, I would like to know your real world experience and expertise to come to this conclusion. Or are you just some young guy with an uninformed opinion about everything?
@@Ultravis66 I appreciate the demonstration of an ad hominem fallacy. I wish I still looked as young as my UA-cam profile picture! I think we both know we can’t just make blanket-statement generalizations. It ultimately depends on the organization, the leadership, and the execution of all the points we’re both trying to make. Ideally poor performers do get fired, and my example of Facebook that was the truth. They let people go who weren’t meeting metrics. But it is also common for people’s jobs to be fairly sticky. I don’t work in HR, but from what I’ve seen if a staff member is barely meeting the minimum requirements of their job, there often isn’t enough justification to go through the firing process. (Insert some buzzword “Quiet Quitting” BS here). Mass layoffs definitely can be a blind shotgun effect where whole departments are eliminated. In cases like that, it’s not exactly a selective process. But if a manager is given direction to reduce their staff size and they have the privilege of being selective, well… What would you do? My anecdotal experience involving mass layoffs is limited, but I have experienced it. I’m not sure how the staff were sadly selected. But they were given an opportunity to apply for other positions within the company. Which is awesome. But regardless of how selective the initial process was, ultimately the bottom performers likely failed the application/interview process for new positions (but I suppose that’s an assumption). There’s plenty of app dev positions out there that don’t go through a rigorous technical interview and can land a job through a simple wave of personality style interview questions from a non technical hiring manager. Obviously not at software companies like Google, but there are a wealth of non-IT industries that still have engineering departments. And it’s hit or miss how well they vet out new-hire candidates.
There's been a lot of stories coming out on twitch on how difficult it was getting a message anywhere, to many layers, friend of a friend, 6 people before a manager. The entire tech industry was massively bloated during the pandemic days, most of those companies genuinely thought the pandemic would last for much longer than it did, when it didn't you had excessive bloat so now all these companies are getting rid of people.
I’m curious how much money gets funneled through discord after accidentally stumbling upon multiple gambling rings and gold farmers. There’s so many and they throw thousands of dollars around like nothing. Thieves have a weird level of confidence
"accidentally" everyone knows that and no one cares, why would you anyway? If its not happening on Discord, it will happen on forums that are made for this.
@@Tudas I say accidentally because it was way more than I thought it was. You had the option to use your own money. Or you could wait for your free amount every month that they lure you in with. It encourages you to buy to participate more. It was fun. I quit early before it became a real problem. But some of these dudes were gambling with trillions and would complain about real world financial problems because they’d gamble their money away in these discord chats. Just my experience
Discord would be death if they revoked section 230 (cause they would be liable for anything anyone post). The amount they have to moderate, is just to big. The amount of illegal stuff that happens there, its extreemly problematic.
Layoffs happen, we're in the middle of a recession guys. The problem is a lot of people are in their 20s and have only ever lived through good times. So they have nothing to compare against. When people are struggling to afford rent and groceries they're gonna buy less video games and Twitch subs.
imagine being hired and so you need to relocate to the new area your company wants you to be then they lay you off in a year while you were told to completely pick up your life and move to a different area.
To me its no surprise that unprofitable companies are struggling. Tech companies often focus on growth and dont make any money or even worse, make losses all the way until they go out of business
And yet tech companies still make the most money per employee, just that their services cost much more in the background and the business model is based on user data and ads or some small payment which isn't needed and only a small % buys.
most free companies goes in thinking being free will generate traffic, then can introduce a pay model later on, problem is, once you're a free model, no one is going to pay after being free for so long
Twitch and Unity I can understand, Twitch has been doing weird stuff for a while. Unity I can understand, they did that really weird business plan that tanked everyones trust. Discord though- that's a bummer. I have to admit, I kinda got nitro to up the upload limit then they just upped it to the point where I didn't really need it. Then they were like 'What do you get with Nitro? You can boost a server!' Which... like, it can get you boosted once then the next level needs a ton of people to have Nitro and use their boosts on your server. I looked into other features and they were like 'Customize your discord profile picture with Nitro', had a look, looked cool but you need to buy each animated logo thing individually... nitro just gives you access to that shop. It's not cheap either, most of the customization is more then the cost of Nitro. At the moment, I'm just kinda giving them Nitro for support rather then any actual benefits.
It's not the AI. There was just a huge issue of degrees not transitioning to actual ability resulting in bad highers. Now companies are cutting down on a lot of these type of folks together with HR and managerial plot while looking for people with high grade working portfolios.
Big companies in IT are tightening costs so their higher execs still get their bonuses but there are still small players that are hiring and taking good talent that was sadly wasted in bigger firms. It's the usual cycle of layoffs and this time it seems to affect these specific companies.
You're right. I use Unity, it's a great engine. But I've never heard a single PR statement from them in the 8 years I've used Unity. The reason Unity is as good as it is, is because of it's incredibly loyal community. That will write it's documentation, create it's assets, make tutorials, and help on forums. The CEO burned a lot of that good will. It will recover because the engine is stable, easy to use, and AI makes half those things obsolete anyways.
The download tax they still intend to implement is an infinite money drain that impacts only mid tier AA devs who can't release tons of games to earn back the losses. As long as such a system can ever be reintroduced, you would have to be a fool to use it.
I think part of the problem is that companies will try to higher prospective talents that could possibly be a threat if they went to another company and then set them up in dead end jobs that have just enough to warrant them not leaving to another company but also so they don't realize they might be worth more than what they are getting and all the lay offs are the companies finally realizing that doing that for a long period of time is unsustainable and being forced to get rid of those 'possible threats' because they aren't having them do anything and its costing them too much
A little context - the IT industry worldwide is downsizing after massive hires during Covid and post years. Also IT as a whole closed 2023 with less revenue YoY marking the first in a decade earning less. Thirdly, during the massive hires, companies built core internal teams for products and services and are now 'trimming the fat' if you will.
18:30 that's exactly how it works in the EU, when you get a permanent contract, you can't be fired just because the company wants to downsize. It's not your problem they overhired or are turning a smaller profit than anticipated. They hired you and sometimes that can lead you to making life choices you woulnd't have otherwise (like moving city/country, etc) and you shouldn't have to suffer just because their management were dumb
Thank you for saying it. I was gonna write a comment on that. It is really crazy as a person socialised in the EU to listen to this American thoughtprocess on Hiring,Firing and Jobsecurity
We need an Optimized windows for games, basically for more advance users to just have the basics and add stuff as we find the need for it. So we buy the same Windows, we just choose a stripped down version with all the adds ready to install, just not installed yet, until we choose to.
@@RainOn2SunnyDay Can you modify console? Change it's parts? Mod it's games? Console is operating system that's made for people who don't want to deal with settings. Not even close.
if a company does not give me the feeling that they care about me, why would i care about them. i would never do my best for them because they want to get rid of me anyway
Frankly, the main problem in many western nations is just: Rent and food are way to expensive. By marked consolidation and corruption in politics, in combination with people that are too fundamentally stupid to understand that corporations will do what increases profits, most people are just eaten alive month over month. Savings rates are low to non existand and as a result getting fired is actually impactful. There was a time when getting fired was borderline unproblematic, as you could easily live off and rely on your savings for a bit but if rent goes up 3 times faster than inflation for 20 years straight no amount of saving rate is going to save you wo your job.
Also, Tencent. Tencent struck 299 deals in 2021, 95 in 2022, but only 39 in 2023. And Tencent is bigger than Discord, Twitch, Unity combined, multiple times.
Tencent is a chinese company, and as all chinese companies is somewhat controlled on the whims of CCP. CCP can help chinese companies to grow, but they will always limit its growth after a certain point. So, while this can for sure have a part on economics, CCP control of the gaming industry in china has a lot more impact I think.
@@SukoSeitiCCP put tight stranghold on Tencent and tanked their stocks. Especially no private companies exist in that country, they are all tied to the government.
These are "good" signs long term. You will start seeing twitch doing tech movements to optimize their pricing, they just using the current situation to scale down. Scaling up was to much for lot of these companies. I work for a tech company, massive layoff happened... guess what nothing changed apart having less people lol. While it's sad all these people lost their job, most were likely not needed.
@@oggolbat7932 this is also true tbh. lot of them are actually positions where they finished the job and they just stick around because they didn't do anything bad to get fired. These situations usually come from a good place of "We don't wanna fire you" until that becomes 300 people and company is like "Why the fuck are you here"
The problem was there was a boom in tech for like 5 years where places grew to way bigger then what they needed. Now that things are normalizing it's becoming apparent that large percentages of the workers are paid to just sit around barely doing anything. Anytime there is a boom there is always a deflation eventually, happens with every industry.
Sounds nice in theory, but cutting CEO salary means you’re stuck with someone you’re admitting is suboptimal and reduce the chance of hiring good talent at a competitive wage. You either can the CEO, or you realize the CEO isn’t necessarily the issue.
What a simple minded take. Twitch it a growth and value add company for Amazon. If they can attract prime membership from twitch bennies then they are happy
Twitch quite literally drove me away, Back many years ago, i was at one point subbed to 15 different streamers, I also had spent close to 1k on bits. And there were 1000's of people just like me, happily supporting the people entertaining us, no different then going to a comedy club. Twitch back then was funded mainly through people like me making these donations, the ads weren't necessary. Then people started getting banned for the most ridiculous reasons, mainly some softheaded perpetually offended mod getting offended by some offhand comments and basically screwing over financially their victims for a week. It is a disgusting practice and I cannot understand why anybody puts up with it, streamers should unionize and get rid of the practice or they quit Twitch. Twitch basically started these ridiculous bans in order to sell the soul of the company to advertisers. The final straw was the advertising, it virtually killed browsing peoples streams, every time you clicked on a new stream, you would be stuck watching advertisements for the first 2 minutes. I quit watching twitch when the random ad rolls started, I don't even care if it has become better, f' Twitch, greedy bunch of nitwits. Their fall will be much deserved.
Mass layoff is just to make the people that weren’t fired do double the work for the same pay. I always see these as death spirals for company’s because it’s not sustainable
Discord created an unnecessary headache in the game modding community so I hope whatever replaces it is less annoying to navigate to find mods. I miss old-school forums so much these days, it just worked.
Discord didn't do this, the devs who didn't want to pay for webhosting for their forums did this themselves. I agree, for games with multiple mods (like minecraft) it can be a complete cock in the ass to have to register to their discord and jump through hoops to get access to that one support channel, but you can't blame Discord for this.
y'all have no idea what you're talking about it's hilarious. If you can run the website with 200 persons, then you can and should fire the 5000 extra persons that you don't need. They'll do more layoff because they didn't do enough. First they stopped hiring, now they're firing. They know for a long time that they massively overhire, it's just not fun to layoff 80% of your company so they're putting it off as much as possible. Which is why they're losing so much money now.
No one ever knows what’s they’re talking about. The internet is mostly losers and children, both groups which have no idea how the world actually works
I do like discord so I would hate to see it fail. If discord toned down the prices for discord nitro and or made a eco membership kinda thing, i'm pretty sure more people would buy it. I can completely understand Unity struggling by laying off staff because of the crap they tried to pull.
@@maxinoume LMAO to be honest that was a bad way to say that but i ment like, a really basic scrap user subscription, then make the basic one now the middle tier, and then keep nitro the premium experience. To be honest, I think making servers for free users is the worst, because some dark ass shit happens in those. And it would deter trolls and bots from getting groups and stuff trying to fool users. I think taking away free users from making servers would actually help a lot. I think making servers should be a premium so it makes it harder for disgusting users from making these really horrible servers. But I know people will complain about that but lets be honest, would you rather pay the 5-10 dollars a month or have ads in discord. Because im pretty sure having ads will be the next step for discord to try to save itself.
@@SkumleBones Yeah but preventing free users from creating servers cannot be the solution because no one would try Discord out. I feel like most users joined Discord as an alternative to Skype (or w/e) and created their own servers with their group of friends. At least, that's how my few groups of friends moved over to Disc. Removing this feature would mean no new members. Which means no potential future paying members.
Deff not the first time he’s talked about the government taking care of people between jobs and those who can’t afford basic things, and he’s right. Your coworkers, supervisor and maybe a couple more people prob care about ya at your job, but the company as a whole does not. The only prob is that it feels like our government cares even less about us 😂😭.
I'm a software dev and I've been out of work a year come Feb. Been interviewing constantly getting to final rounds and have been passed on for too much experience, not enough experience and anything you can think of, jobs have closed the listing before hiring me. It's awful. One of the reasons I took this path was it seemed a sure fire way to stay employed everyone's always gonna need devs but right now cause of all the layoffs at big tech companies the market is flooded so competition is super high and if you don't have the EXACT skills at the salary the company is willing to pay you lose.
That really sucks man, have you thought about a different field? I also work in the software sector and even though I haven't been through a lay off yet, the fact so many have and are struggling is very disheartening because that could be and there's not much I can do about it. I've been thinking about what else I could pivot to if needed and the job market doesn't improve, after all the wife and kids are a priority
The software world has changed. It's no longer enough to be average and stagnant. As a software dev, you need to be constantly learning and adapting. You should know multiple languages and why you would use one over the other, and you should be comfortable learning how to use a new language on the job quickly. If you haven't learned anything new since February, why would companies hire you? Your skills are outdated. Pure software is a meme now. You need to know how to write software for products, and specifically, the products companies want software written for.
@@mortiz20101 nah I love being a software dev. Unlike a lot of other devs I don't eat, sleep breath the shit (some of my old coworkers would leave work go home and watch talks and podcasts on programming). But the feeling of accomplishment when you do something particularly awesome with code or get something working that's been eluding you for days just feels so damn good! And I'm good at it, but I've been an integrations developer all 10+ years of my career so mostly app talking to app so because I'm not a "full stack" dev I've been getting passed on a lot for my lack of front end experience. Oh well hopefully something works out soon cause interviewing is exhausting lol. I've wanted to look into AI development since it seems like that's going to be able to do a lot of the simple tasks so I'd like to make sure I know how to leverage that and then additionally how to program the AIs themselves to keep myself in a skillset that will be marketable haha.
In company I work for (Mobile Game Industry), I talked with my boss about AI and future job positions. He said, that we won't be hiring more people for my position that is game developer since we created AI tools that helps us speed up developing processes to the point that we don''t need more people in a team but better tools.
LMAO. I love how everyone cries thinking the company should pay them after they become unemployed - it makes little sense. Government should definitely do it, yknow, like most of the rest of the world.
@@YoungAsznee If you dont know how to work with it, sure. If you do know, its way better then Discord (at least for speaking with each other). Discord is better with Community building and chatting. Teamspeak was never meant for that.
Discord started as an amazing idea, i knew it was dead the second they tried selling damn gamess off it. Now its bloatware, almost want to go back to vent days
Unity despite all that is still the most commonly used game engine, and they are the most used for industrial purposes outside of gaming. Unity is honestly fine, they do their thing, and unreal does its thing.
Problem with Unity is 100% that they basically illustrated how they can and will change the contract at will and up the %. And the issue now is the less people that use Unity, the more Unity will try to scrape from those that are left, creating a negative feedback loop. Most small devs using Godot or making the leap to Unreal.
Love how the people who worked so hard on developing AI and shouted from the rooftops of its benefits have manufactured their own irrelevance. Sucks everyone else will suffer loss of income for it but at least there is that karmic justice. More reason to start takin UBI more seriously and get the convo started in government since they take decades to get anything done
Where that UBI money will come from when big corpos and other gigants avoid taxes with creative accounting and other stuff? Not to mention getting showered with money every time some bad financial situation happens...
Honestly discord has zero serious competition, they were not built to go big buissness so hiring too many people was just a matter of when a huge layoff would happen… and the moment they hike up charges someone will come in and replace them like they did skype and teamspeak because in this day nobody with half a brain is paying monthly to them for what they offer in return. Essentially discord is fine, they built to big during covid, charging more will possibly wipe them out as soon as anyone wants to replace them just like they replaced teamspeak and skype or how facebook replaced myspace and how steam/netflix replaced blockbuster videos.
The saddest thing about Unity, is that it's a really good development engine for jumping right in to make things. Yet, it means nothing if the game you are making to put food on the table and a roof over your head becomes unprofitable. At least it's still useful for prototyping.
AI is not taking over anything in tech... in any serious business the data security concerns heavily outweight the benefits an AI assistant provides. AI also completely fails at anything just slightly complex. All you can truly use AI for are the monkey coding tasks which you know exactly how to do, but are just too lazy to do them. And even there my personal experience is that the AI returns unoptimized or low quality code about 80% of the time. Depending on my current task, this can result in a few very comfy days, but it's nowhere close to replacing a fully educated software engineer
Just because you or your company do not know how to efficiently utilize AI, doesn't mean no one else does. Of course its not used for complex tasks yet but it can already save hours of prototyping and testing.
pretty sure the replies talk about utilizing AI as a feature, in which case i agree. as an assistant though it only works in simple and unimportant environments
i think for unity it might very well be their final option for what they did with their engine monetization, they knew they needed to increase their revenue or do lay offs
As a software engineer, it has become much harder to find a job as a substandard programmer. Don't go into Computer Science thinking it's gonna be easy money, you better be really good at it. But on the other side, if you are passionate about it and have a unique skillset that is hard to replace, you will make a lot of money and not worry at all about finding a job. I work as a freelance and in fact I'm having trouble keeping up with all the contracts going on, and I would already consider myself expensive.
Unity is responsible for so many indie games being made, and allows for many developers to make a living following their passion. Switching to Unreal Engine is not a trivial task whatsoever, and it's important to have competition. I'm not saying I like their leadership or the direction they tried to go recently with their terrible pricing plan, but after they walked back on it, the pricing plan they offer is still very generous (even more than UE's, which is also quite generous IMO).
In regard to the Twitch Korea situation, the root of the issue is not simply the South Korean government's favoritism toward local live streaming service providers. Quite frankly, the government and politicians in South Korea don't care much about Twitch. The core problem lies in the feud between South Korea's biggest ISP and Netflix. In South Korea, ISPs impose heftier network fees on businesses than on individuals. This is why everyday Koreans can have a 100 Mbps fixed-line internet service for around $20 a month, basically everywhere in the country. However, foreign companies like Netflix, which generate a lot of traffic, were unwilling to pay as much as local businesses did. It was only after litigation that Netflix decided to settle with a local ISP and pay more. The repercussions of this settlement were the reason for Twitch's exit from South Korea. I understand that some Korean streamers, who have streamed for English-speaking audiences, are very angry and disappointed about the situation and want to blame the government. However, portraying the government negatively without good reasons because I'm mad is just dishonest.
I work at a music streaming company and we recently made a lot of redundancies. While it was very sad, and I would never say this publicly, at least from my office no-one is really missed from a work perspective. We had a lot of people doing jobs that were not really integral to the operation or teams of 12 when 5 people could comfortably do it. And a huge HR team, which got reduced with the number of people etc. A lot of these people also started during covid and never came into work the whole entire time they were employed. The word redundancy is fitting here - these jobs really were not needed to begin with.
@@charmolettafranquestafiestayam I haven't meant it to come off that way. What I'm meaning to say is those jobs really are redundant/unneccessary. In these fields we started with little companies that greatly expanded. Yet the core functions themselves didn't expand that much to warrant so many people. I know i can lose my job too and I'm very sad for the people who do, i'm just trying to show the perspective that these jobs were not needed to begin with. Mine currently is, someone needs to do it. No one needs to do some of the redundant jobs - they were luxury hires in many cases.
Big L for asmond on this video. Asmond talking about unity “they get what they deserve, horrible company” asmond talking about Twitch. “They can just write that billion dollars off on their taxes” so just because Twitch provides you with your lifestyle it’s ok for our tax dollars to prop up a poorly run company. How about Twitch pay streamers less money, lower their promotional budget and executive pay. Instead of shifting the burden to the American taxpayer. Everyone cries for the free market until it impacts their own money.
@@4sight719 People like guy above you ^ is what makes things not progress. Idk if I agree with u or not, I'm just reading and willing to learn but these people just offend and leave, there's never a chance of trading information or politely discuss stuff without bias because all they want is to vent and layoff their arguments by angrily replying or mocking someone else. Unfortunately. Internet in 2024 is still quite awful, but I hope for the best.
Big fat L for OP for taking things seriously out of context. The “tax write-off” comment starting around 14:00 was solely an example showing one way the survivability of Twitch is a non-issue because it’s owned by Amazon. That says ZERO on any thoughts he might have on whether Amazon should be able to do it.
@@FunningRast I’m bringing light to the hypocrisy of asmonds statement. His statement and view on how a company like unity deserves to go under and lay people off because it’s a bad business with bad business practices. whereas a subsidiary like Twitch. his view point is essentially “it’s ok that they lose money because Amazon has deep pockets 4head” you can’t have both. If you are a true free market believer then a company like Twitch losing money shouldn’t just be viewed as just a tax write off. You should apply the same logic. “They are losing money and laying people off because they are a bad business with bad business practices”
You're gonna sht a rainbow kitten when you see the Pie I've got in the oven. It's a game so involved it's a job that lots of players have to do for a living in order to provide a handful of power players the opportunity to buy a superficial competitive experience as animals in a stable full of digital livestock that whales can purchase and pit against other whales for control and influence in orchestrated battles. And the whole point is to try and escape the treadmill so you can finally be free to explore an untouched wild simulated world full of resources. It's a Pie that blooms into every flavor of the rainbow, then kicks you in the cloaca and calls you a lil baby for crying about it. But shhhhhhhhhh, it's a secret.
2 years ago I was observing a forum about the current state of work and the necessities of reducing inflation as our country is dealing with the ramifications of shutdowns. A professor started talking dryly. which is when my ears are peaked, and apparantly the requirement is a culling of 'upper-middle' to 'middle' classes as the types of benefits and guarantees they get in total is getting way too expensive, which is when you can finally have some 'lower' classes picking up some "high-paying" jobs the 'middle' would find unacceptable in terms of 'seniority', which means they can get better paid by taking a cut to income and enjoy an early retirement, this eventually dries up when the inevitable happens and depending on the family either picking up 'lower' work or 'minimum' they will stabilize the economy as this would be repeated among the 'majority' class. This is a golden opportunity for those out of work as jobs will be getting on the market. This seems to be happening in not just my country and might be applicable to regulating an economy.
7:00 One way to look at it is that unity was trying to figure out a way to be profitable, but their approach got a negative reception and they had to figure out a way to cut costs instead. idk..
Mark my words, non of us will ever experience anything like SAO, go buy a quest they're great fun! Also there are tons of VR games you can play while seated.
Who cares tbh. The world was a better place before people started putting streamers on a pedestal. Now everyone thinks they’re the most important person on earth.
The issue with companies scaling down imho comes when those companies decide to lay off people that have been working with them for a long time and result in higher costs for the company, in other words people that are rewarded for being there and contributing to the company for longer are the ones that become targets to fire, often creating a huge void in expertise at the company that causes chaos everywhere and results in a worse product. The real issue is not with companies firing or hiring people, the issue is with the incentives, higher pay should mean you are more valuable to a company but it often means you're more expensive to have and nothing else. You can imagine how damaging it is to fire people that have been working at the same place for 10-20-30 years to go back to the job market simply cause the company has a backwards way of doing incentives, 45 years old without a job and with 20 years experience in doing things a certain way, I don't mind this happening organically, I do mind when it happens at an industrial scale systematically. I don't think I care about it per se, but for some ungodly reason I care for things that are done wrong and have apparently easy fixes
the problem with unity is the mistakes were made by the management but while they secure their bonus by tweaking the numbers with mass layoffs the only ones hurt are the small employees
In Unity's case, it's "biting the hand that feeds you". They took a bite at their consumers, their very own income providers, and the consumers took measures to prevent future incidents. Like an aggressive dog, the trust from the owner is now gone, so out comes the muzzle. Or in this case, jumping ship. It's a business practice many companies have started adopting, Wizards of the Coast and their OGL scandal, Disney executives blaming and insulting their audience and losing 3 billion in media projects in the last 2 years. Netflix's Witcher and Amazon's rings of power becoming laughing stocks in the fantasy industry. Fail after fail. The moral is that your market, your audience and consumers? They decide whether you succeed or fail, and companies of today have forgotten to respect them. You can't call them racist, you can't slip unsolicited fees into their products, and you cannot abandon the core concept of a story without losing your consumers.
18:30 I don't really understand why people are having such a hard time with this, this is a fact if a company can't afford to employ you or can do better off without you then yeah it is under no obligation to keep employing you. Job security does fucking suck for a lot of people but we live in a universe where things change thats just life, some people get to eat today and others don't it sucks a lot of the time but thats just how things are.
Regarding the sword art online comment, its surprising how close we are. 1) Unreal 5 and similar have made it possible to create massive worlds with proper lighting/textures. 2) AI is becoming increasingly better, which you need to populate and control/create such a massive world in a reasonable amount of time. 3) VR headsets are starting to become affordable and ironing out most of the issues. 4) Brain wave activate controllers are finally starting to become useable. Now they just need to be miniaturized and make sure everything is safe. Now think about the fact that most of this tech is 30 years old but most of the advancement has been made in the last 5-10 years. I can feasibly see us getting something workable in 10-20 years. Even more the case when people said that lightsabers and giant mechs weren't possible yet we have created both.
TBH Bellular is a bit of a drama queen when it comes to this. Huge layoffs in Tech happen all the time, earnings report lower numbers for taxation reasons (take note, how this is happening right next to the corporate average fiscal year) - it's so common, it even happens in retail companies Tech departments. Lowe's, Home Depot, Amazon, Walmart - layoffs for days. It's just business, happens all the time. There's no reason to keep 400 employees that you hired to build a product - developers, designers, ux engineers, ux researchers, architects, project managers, etc - when the product is built - you don't need all those people anymore.
Clayton Christenson on this topic noted that the sign of a company built to last versus a normal company is when during the best of times they hire less than half what their peers do and in the worst of times they fire no one. Companies that have their growth designed around the worst of times aren't going to give shocking growth, but 10 - 15 years later you suddenly realize you've got 250k in assets.
@@charmolettafranquestafiestayam There's always going to be the group that wants the thing the day before it comes out. No use making that argument. To be fair the folks that do invest on speculation deserve to go homeless when that speculation fails as much as those who become ultra wealthy when it pays off. The problem is when tax dollars subsidize industries be it through loop-hole, legislation or executive fiat. Now we are all poorer despite not being the ones who took those risks. Inflation hits crazy.
Discord needs to revert to their best older look which was amazing and faster, Discord is trying to be everything BUT focusing on their main shtick: Being literally a message system, and server communication hosting. They tried to do gaming, they failed. They tried to be artistic, they failed. They tried to host like... some awkward ass gather ups if I remember correctly, try to do some "choose your team!" mumbojumbo. I don't understand just do the ONE thing you were supposed to, and even that they're so incompetent to do, they should of sold out to Microsoft when they had the chance and fck off already. You can't even buy individual nitro's like before, or they got some ass shop nobody but people who have nothing better to spend money on uses. Like, it's literally pity shop.
2:10 I don't think AI is taking over whatsoever, it's just that the field has become more competitive for jobs & (some) schools. I feel like AI is taking over in smaller jobs (like that one video of AI taking over a restaurant) or that localization translators video.
I started to use Unreal instead of Unity. No regrets really. Took awhile to get my project into a playable state again. It will never leave my pc so its not like Unity is out anything.
My problem with situations like the Unity one is that it's never the morons who make the business crashing decisions that get fired
Yes they get a bonus after laying off most of the workers for "saving the company" 😂😂😂
Yes it is, they just call it “resigning to pursue other goals” instead
@@tea9721 Yeah, if they legit went out they were firing them, then nobody would wanna take the position. Being a normal employee and getting fired barely anyone will care, but if you're a high position and do, oh boy it'll hit your reputation.
Shit rolls down hill
I have a friend who works at Unity, and he basically said that a few months before the changes, they asked people who worked there what they thought about if said changes came into effect and not one person thought it was a good idea, it was overwhelming opposed by the staff and developers, and months later they pushed it out anyway, regardless of the fact that their own workers told them it was a horrible idea
Im a developer myself and I believe that downsizing like this could also be cause for most of these companies already have their core features built. Getting rid of half the dev team would yes slow down new feature development but it wont suddenly cause the applications to collapse in on it self. They can just focus on maintenance and slower new features and its totally fine. I think more developers should realise that a lot of times you’re working on a project and that project could come to an end and then you need to find something new
Same in construction, if there is no house to build, you got laid off.
@@yiga4171same as in the oil field industry
This also maybe a result of the over all bloat that coincided with a lot of the these tech professions. I think these over inflated salaries for remote workers, on top of bs titles like office mangers and diversity x,y,z lead to just nothing besides a waste of money. Also a lot of products have suffered from just bad quality and design, I mean look at modern gaming... SO I hope down sizing allows teams to re tool and focus on good core design.
This is what sort of happens when you build industries around people that don't have disposable incomes. You essentially start babysitting people with no ambition to be productive.
Developer of?
When I used to work corporate the company would have so many layoffs and we’d all think there is no way the company is going to survive. Flash forward to now. Company has a entirely new staff. Not one person is still here today. And the company is still going strong. Companies last employees don’t
It's why most employees who are loyal end up having lower salaries to those who switch to jobs that offer higher salaries. In tech, always be looking out because you never know when it's your turn.
I have seen this trend, until the company exhaust its pool of talent. Some times it takes 5-10 years, but they eventually pay the price.
Gamestop is a good example
@@SkumleBones GameStop is just simply failed to adapt. Who needs GameStop when Amazon exists and the gaming industry is shifting to digital downloads and streaming? Years ago, they could have been much bigger than the current Steam if they had pushed for their digital store early on.
@@tek1645 key word it's your turn. I save bills, bills bills
Most of Discord users can't afford Nitro so of course their business of "Everyone has a free server" starts to die
They really need to start charging for new servers, old servers get a year free then cost $.
Just charge like $1-2 and then still have nitro to add the features, etc.
it's moreso there's hardly any benefit from it aside from some goofy emotes and games you can get on steam cheap af anyways
Its too expensive for what it offers.
And you can use mods to use nitro and alot of other better features in discors
@@Kratos1902and you cannot even buy it from some countries)
Most of these companies were never sustainable. They operated at a loss pretty much since their creation and skated by thanks to regular venture capital investment. Over the past couple years a lot of investors pulled back tech investment and a lot of these companies are really getting hit by their losses for the first time.
I mean this is a classic buisness practice. Run the buisness at a loss to gather users and accustom them to your product/platform/app and once you have enough, switch from gathering custommers to monetizing as much as possible. Through ads, a payed subscription service, an increase of the price of said subscription, take a bigger cut out of content creators . UA-cam, Netflix, they were both run at a loss years after they had become succesful in our societies, and only started making a profit afterwards.
Thing is, not everyone wins at this game. Twitch, E-Sports, Discord, they are past the time when they could say they were gathering users. They tried to increase their profits, but its not working.
@@popkhorne5372Yep. The other problem is that most of the current crop of companies thought the free ride would never end. Usually companies aim to acheive profitability around the 5 year mark but some of these companies kept operating this way for like a decade and the owners figure they'll just sell the company when it starts failing. Eventually investors cut their losses.
Not just venture capitalist investors, but also in case of Social Media like Twitter, it was a moneyhole that NGO's and oil princes used as a propaganda tool as pretty much every single politician is on there. The monetary black hole was a piss in Missisippi compared to the political and cultural astroturfing it allowed.
Not to mention that most of these companies (and their employees) whole-heartedly supported the Democrat platform and voted accordingly. The Democrats then obligingly did exactly what they said they'd do, and crashed the economy.
Companies like these can only support large numbers of nonessential personnel (DEI hires, HR departments, etc.) when the economy is hot and the money is flowing in...or when the government is paying them surreptitiously in order to gain their assistance against its political rivals. Once the economy stagnates, the money dries up; or, if the political rival is dealt with, then the partnership is no longer necessary and the apparatus of government ceases to employ the carrot and breaks out the stick instead. Kinda like what the Democrats did with Antifa and BLM once their antics were no longer advantageous to the regime. 🤷♂️
what helped alot of these companies survive until now were lockdowns, this all might've come to light much sooner I think
If you work in tech(and probably lots of fields) you’ll soon learn 80% of your coworkers are incompetent and only can see a few days ahead so they quickly make code bases unmaintainable, sometimes on purpose
It’s definitely harder to get a job in tech than it was 2 years ago but it has nothing to do with AI most of the time
As a developer, this comment is so true. People saying it's because of AI...lol
But doesn't A.I basically replace the need for junior programmers?
It feels like it would be right greed's alley to replace junior devs with AI for the short term money and then panic after years when they realize theres no senior programmers left since they didn't hire any juniors to train.
@@NewbieTuwbie "But doesn't A.I basically replace the need for junior programmers?"
No, that's not how AI works. It will write some basic code, but you still need someone to prompt it correctly, be able to verify that it's valid and maintainable code, insert it properly into the existing codebase, test it, and debug issues (which can sometimes be done by AI, but other times can't if it's too complex of an issue). Maybe it will get to the level you're describing in the somewhat near future, but it's not there yet.
@@Impervious11 I see!
I figured that these kinds of tasks would be handed to juniors and a senior would still have to double check everything before it went live.
In turn making it faster for a senior to prototype off an AI and then implement it instead sending off a junior on their own for a longer time.
(These are all baseless assumptions because I work construction, not tech. lol)
@@NewbieTuwbie AI at the current stage is kind of like a junior dev. You need to give it very clear instructions and it writes crap code, so you need to review it after. But AI takes a lot of work out of writing standard boilerplate stuff. It's also faster to use AI to find the right syntax as oppose to Google or Stackoverflow. But at the end of the day you need a senior to make use of AI.
I'm in tech and here is the problem. Previously there was this big push for growth and to VC money was pouring in to capitalize on the next big thing. 2020 happened and the interest rates for business loans went from 2.3% to upwards of 7% and huge influx of VC funding stopped. As such these businesses are figuring out what is actually needed and right-sizing. While it seems bad, this is actually healthy and hopefully on the track to stop the "Capitalism requires infinite growth." The only downside now is it will be harder to start a new company and get funding AND services are going to start costing more (previously companies were using VC funding to subsidize low fees to capitalize market share). This is basically the tech industry stabilizing. There are still TONs of other industries that are not tech that need tech workers and that is were these people should be moving to.
ADDITIONALLY B2B sales is a COMPLETELY different equation because sure, you might spend hundred of thousands of dollars or even millions but you need to see some sort of return on that investment. That might be attracting better talent, saving time on task, or simply being able to put out a better quality product.
Hey, that's a rly good tip! There's an IT department for most company that's not tech oriented so there's a better chance at finding a job at one of those companies is what I got from your comment... I'm just starting out in tech, I'm in my last year of college, do u think internships are the way to go or should I aim for a jr position?
Whatever you do get a job before you graduate!!! I didn't and I had to work for my dad @@lukashenrique4295
Exactly this. Tech people can easily find jobs in automotive, local government, construction, agriculture, etc.
I'm not tech by trade and I'm self taught on AI. I make small NLP applications or data extractors for my work and they think I'm a god.
@@lukashenrique4295 Experience and know how are king. I guess it depends on what you want to do but whatever gets you in the door. A lot of tech workers switch jobs every 2 years or less. Don't be loyal to a company. You'll get a lot better pay by doing the same job at another company than you would by staying with the one you're at.
@@lukashenrique4295try and figure out what field you want to be in. Networking, storage, virtual infrastructure, servers, vulnerability remediation, software developer, etc. etc. etc.
If you can figure out what route you want to go, go get a basic certification in that field / leading technologies.
Microsoft, red hat, VMware, dell EMC, Palo Alto, Cisco, etc. etc. all offer certifications in some form another.
Got no idea? Get a junior position doing anything, spend a couple years learning different things, throw youe name out to try and learn a new technology/ help implement it, find what aspect of IT you love. Get another job elsewhere for 10 - 30k+ more than the junior position. Rinse and repeat.
Don't love the company, love yourself and value your career growth and recognize when you are being underpaid for what you've learned and what your role evolves into over time.
Twitter fired half it's staff and kept running business-as-usual. Companies have realized when push comes to shove, most tech companies are over-inflated and they can trim the fat.
Business as usual?! Isn't the company down to a fraction of its value before the change of ownership?
yeah, aftee people showing their routine in big techs, they just eat and do some meetings, little to no work lol, these people got fired, its sad, but its true
@@shaheedk.3386 I mean, that's market valuation. But the app is working as usual basically. Servers are running as usual, it's not like it's some mess, getting hacked, or slow to load or anything. The app is there, it works. Everything's cool. The valuation stuff is affected by a lot of things relatively unimportant to the end-user.
I agree with your end point but Twitter is not a great example. If revenue is halved at the same time, all you've done is reduce the size of your business, not proven you're bloated.
They fired like 80%. Which makes your point even more. Lol
When it comes to Twitch I have a hard time believing they need 1500 people to run it. And how can it not be profitable? Are they not skimming a percentage from all the camwhores?
I mean Kick has 50 to 70 employees and they're running pretty decently
I doubt any of these companies are dying, they simply want more money. Dan Clancy sitting there with a shitty camera and poor background, trying to imply he's barely getting by.
Server costs. It costs a lot of money to run enough servers to handle millions of people using their site. But yeah they are really bloated.
These large streaming and video hosting services are more expensive to run than most people expect.
@@olebrumme6356Its more about protecting their growth. The way most modern economies and bigger businesses are set up is based on a constant growth model. A company has to constantly show that its growing or investors get pissed off and advertisors are less likely to buy ad space. These companies are seeing the economic storm hitting and they're laying off employees because its a quick way to free up some cash for their end of year balance sheets to show investors.
Question is... does Discord REALLY NEED 600 people in the company?
Discord doesn't even need 60
It does. Worldwide translators, multilingual moderation hosting payment processing updating across multiple OS around the world, abiding by laws. Handling tens of thousands of TOS breaking reports, daily. Advertisement and graphic design around the world. Hosting. Banking. Legal. It's far too much work for 40 people in just the U.S. but this is why you don't run a worldwide company. It's not a hot dog stand.
@@FamiAoi _It does._
Most of things you mentioned are either one-time or simply require once a year processing.
As far as reports go, most of them are not being addressed.
Some liberal: They need all them employees to monitor everybody's naughty words and shut down free speech on the internet. This is a travesty!
with AI...nope...one guy will be enough
I wonder: Is there a connection between "paying high salaries to hundreds of people you don't need" and "not making profit"?
It does not help, but part of the main issue I think is just the business model. They offer so much for free and unlike Google they don’t have any kind of advertisement etc going on.
Companies over hired in every sector during COVID. Now companies are laying off a ton of tech roles. There are a TON of over saturation in the tech market. However, part of the reason is because the devs are experienced and they made a LOT of money in their roles. Many of them don’t want to take a pay cut. But there are still a lot of jobs at smaller companies, or markets that aren’t META, Google, etc. The experienced devs just don’t want to take the smaller company jobs because they don’t pay as much. On top of that, the smaller companies want experienced leads because they don’t want to pay money to train anyone, and they want efficiency. So there are also a ton of people in the tech market that have no experience and they can’t get a job because all positions want 3-5 years of experience. It’s just an all around shitty situation.
If they want to cry about losing money, then they should just go out of business. Other people will make businesses and services to replace you, and do it better. No point in keeping trash around.
Ask me how I know you are under 18 lmfao
Lmao replies getting on his ass for describing a free market and defending corporatism is peak 😂
Staff on a dev team usually have a range of top performers vs bottom performers. It’s pretty common to have staff that can easily double or quadruple the production of your worse performing staff, especially if they’re working remote and AFK half of the day. Layoffs are an opportunity to “trim the fat” and let poor performers go without the headache of individual firings. So a 25% reduction in workforce usually doesn’t linearly result in a 25% reduction in production.
@@utilae1often devs give an estimate to a task in some abstract points, one who does less points in a week/month is less perfomant. It is important that each dev gives the same estimate for the same task.
@@utilae1 The worst case I’ve seen is at Facebook. Everything that can be recorded in metrics, is. Pull requests, # of lines, code reviews, code review comments, uhhh. Maybe more. I only briefly got a glance. All that data is graphed and displayed on a public team page so the entire team knows who is more or less performant than the others. Management doesn’t need to slave drive when they out team members against each other.
But even if a dev team doesn’t go that far. It’s usually pretty easy to get a feel for who is slow or less knowledgeable.
This is obviously a young guy vomiting his opinion with no real world experience. I have 15 years experience with a masters degree in engineering.
Poor performers get bad performance reviews and eventually fired if performance doesn’t improve. Usually poor performance is a result of bad life events like a death in family or divorce.
I have seen top talent get let go time and time again in layoffs.
What you dont seem to understand is college/uni and rigorous interview process weed out poor performers.
In the tech world, everyone is hired for specific expertise in a field and we all work together to make products.
Also, I would like to know your real world experience and expertise to come to this conclusion. Or are you just some young guy with an uninformed opinion about everything?
@@Ultravis66 I appreciate the demonstration of an ad hominem fallacy. I wish I still looked as young as my UA-cam profile picture!
I think we both know we can’t just make blanket-statement generalizations. It ultimately depends on the organization, the leadership, and the execution of all the points we’re both trying to make. Ideally poor performers do get fired, and my example of Facebook that was the truth. They let people go who weren’t meeting metrics. But it is also common for people’s jobs to be fairly sticky. I don’t work in HR, but from what I’ve seen if a staff member is barely meeting the minimum requirements of their job, there often isn’t enough justification to go through the firing process. (Insert some buzzword “Quiet Quitting” BS here).
Mass layoffs definitely can be a blind shotgun effect where whole departments are eliminated. In cases like that, it’s not exactly a selective process. But if a manager is given direction to reduce their staff size and they have the privilege of being selective, well… What would you do?
My anecdotal experience involving mass layoffs is limited, but I have experienced it. I’m not sure how the staff were sadly selected. But they were given an opportunity to apply for other positions within the company. Which is awesome. But regardless of how selective the initial process was, ultimately the bottom performers likely failed the application/interview process for new positions (but I suppose that’s an assumption).
There’s plenty of app dev positions out there that don’t go through a rigorous technical interview and can land a job through a simple wave of personality style interview questions from a non technical hiring manager. Obviously not at software companies like Google, but there are a wealth of non-IT industries that still have engineering departments. And it’s hit or miss how well they vet out new-hire candidates.
There's been a lot of stories coming out on twitch on how difficult it was getting a message anywhere, to many layers, friend of a friend, 6 people before a manager.
The entire tech industry was massively bloated during the pandemic days, most of those companies genuinely thought the pandemic would last for much longer than it did, when it didn't you had excessive bloat so now all these companies are getting rid of people.
I’m curious how much money gets funneled through discord after accidentally stumbling upon multiple gambling rings and gold farmers. There’s so many and they throw thousands of dollars around like nothing. Thieves have a weird level of confidence
"accidentally" everyone knows that and no one cares, why would you anyway? If its not happening on Discord, it will happen on forums that are made for this.
@@Tudas I say accidentally because it was way more than I thought it was. You had the option to use your own money. Or you could wait for your free amount every month that they lure you in with. It encourages you to buy to participate more. It was fun. I quit early before it became a real problem. But some of these dudes were gambling with trillions and would complain about real world financial problems because they’d gamble their money away in these discord chats. Just my experience
Discord would be death if they revoked section 230 (cause they would be liable for anything anyone post). The amount they have to moderate, is just to big. The amount of illegal stuff that happens there, its extreemly problematic.
I'm honestly confused as to how you consider gambling & gold farming as thievery. Who exactly are they stealing from? The IRS?
@@Scenery.. I left when I found out the 5 leaders of the group can make you lose on purpose to get you to spend more
Layoffs happen, we're in the middle of a recession guys. The problem is a lot of people are in their 20s and have only ever lived through good times. So they have nothing to compare against. When people are struggling to afford rent and groceries they're gonna buy less video games and Twitch subs.
I'm in my mid 20s and don't feel like I ever lived in the good times lol.
What good times?
No we aren't. Where did you hear that? Because as far as I can tell, we've got inflation, but we're not in a recession.
Uh.. no yeah it hasn't been good my dude it hasn't been up at all that I ever seen
The stock market is doing fine. We're not in a recession. Companies are price gouging and trying to do more with less to increase profits.
imagine being hired and so you need to relocate to the new area your company wants you to be then they lay you off in a year while you were told to completely pick up your life and move to a different area.
To me its no surprise that unprofitable companies are struggling. Tech companies often focus on growth and dont make any money or even worse, make losses all the way until they go out of business
And yet tech companies still make the most money per employee, just that their services cost much more in the background and the business model is based on user data and ads or some small payment which isn't needed and only a small % buys.
most free companies goes in thinking being free will generate traffic, then can introduce a pay model later on, problem is, once you're a free model, no one is going to pay after being free for so long
@@charmolettafranquestafiestayam that worked out well for veoh
Twitch and Unity I can understand, Twitch has been doing weird stuff for a while. Unity I can understand, they did that really weird business plan that tanked everyones trust. Discord though- that's a bummer.
I have to admit, I kinda got nitro to up the upload limit then they just upped it to the point where I didn't really need it. Then they were like 'What do you get with Nitro? You can boost a server!' Which... like, it can get you boosted once then the next level needs a ton of people to have Nitro and use their boosts on your server.
I looked into other features and they were like 'Customize your discord profile picture with Nitro', had a look, looked cool but you need to buy each animated logo thing individually... nitro just gives you access to that shop. It's not cheap either, most of the customization is more then the cost of Nitro.
At the moment, I'm just kinda giving them Nitro for support rather then any actual benefits.
"Im constantly worried about my job"
Lets just add to it Asmons quote "It is what it is"
It's not the AI. There was just a huge issue of degrees not transitioning to actual ability resulting in bad highers. Now companies are cutting down on a lot of these type of folks together with HR and managerial plot while looking for people with high grade working portfolios.
Big companies in IT are tightening costs so their higher execs still get their bonuses but there are still small players that are hiring and taking good talent that was sadly wasted in bigger firms. It's the usual cycle of layoffs and this time it seems to affect these specific companies.
Everyone that called Elon dumb for exorcising the dead weight in Twitter are now doing the same thing.
Elon fired senior engineers en masse, leaving people who aren't familiar with their code base to hold it together...
You're right. I use Unity, it's a great engine. But I've never heard a single PR statement from them in the 8 years I've used Unity. The reason Unity is as good as it is, is because of it's incredibly loyal community. That will write it's documentation, create it's assets, make tutorials, and help on forums. The CEO burned a lot of that good will. It will recover because the engine is stable, easy to use, and AI makes half those things obsolete anyways.
The download tax they still intend to implement is an infinite money drain that impacts only mid tier AA devs who can't release tons of games to earn back the losses. As long as such a system can ever be reintroduced, you would have to be a fool to use it.
META was going great until they shitted on men for having fun and trolling people with their product.
I think part of the problem is that companies will try to higher prospective talents that could possibly be a threat if they went to another company and then set them up in dead end jobs that have just enough to warrant them not leaving to another company but also so they don't realize they might be worth more than what they are getting and all the lay offs are the companies finally realizing that doing that for a long period of time is unsustainable and being forced to get rid of those 'possible threats' because they aren't having them do anything and its costing them too much
A little context - the IT industry worldwide is downsizing after massive hires during Covid and post years. Also IT as a whole closed 2023 with less revenue YoY marking the first in a decade earning less. Thirdly, during the massive hires, companies built core internal teams for products and services and are now 'trimming the fat' if you will.
18:30 that's exactly how it works in the EU, when you get a permanent contract, you can't be fired just because the company wants to downsize. It's not your problem they overhired or are turning a smaller profit than anticipated. They hired you and sometimes that can lead you to making life choices you woulnd't have otherwise (like moving city/country, etc) and you shouldn't have to suffer just because their management were dumb
Thank you for saying it. I was gonna write a comment on that. It is really crazy as a person socialised in the EU to listen to this American thoughtprocess on Hiring,Firing and Jobsecurity
We need an Optimized windows for games, basically for more advance users to just have the basics and add stuff as we find the need for it. So we buy the same Windows, we just choose a stripped down version with all the adds ready to install, just not installed yet, until we choose to.
Add-ons* I know you meant that but forgot the on in the later part so I think people are too stupid to realize it's a typo
you mean a console? almost sounds like a console that your describing
@@RainOn2SunnyDay Can you modify console?
Change it's parts? Mod it's games?
Console is operating system that's made for people who don't want to deal with settings.
Not even close.
@@RainOn2SunnyDay very funny but no - he specifically said "games" and we all know there are no games for XboX/Playstation these days...
you can't turn things off?
if a company does not give me the feeling that they care about me, why would i care about them. i would never do my best for them because they want to get rid of me anyway
Frankly, the main problem in many western nations is just: Rent and food are way to expensive. By marked consolidation and corruption in politics, in combination with people that are too fundamentally stupid to understand that corporations will do what increases profits, most people are just eaten alive month over month. Savings rates are low to non existand and as a result getting fired is actually impactful. There was a time when getting fired was borderline unproblematic, as you could easily live off and rely on your savings for a bit but if rent goes up 3 times faster than inflation for 20 years straight no amount of saving rate is going to save you wo your job.
Also, Tencent. Tencent struck 299 deals in 2021, 95 in 2022, but only 39 in 2023. And Tencent is bigger than Discord, Twitch, Unity combined, multiple times.
Tencent is a chinese company, and as all chinese companies is somewhat controlled on the whims of CCP.
CCP can help chinese companies to grow, but they will always limit its growth after a certain point. So, while this can for sure have a part on economics, CCP control of the gaming industry in china has a lot more impact I think.
bingo, they sold out to china, then china makes a new law that limits gametime to 2 hours a week, and companies suddenly goes broke
@@SukoSeitiCCP put tight stranghold on Tencent and tanked their stocks. Especially no private companies exist in that country, they are all tied to the government.
These are "good" signs long term. You will start seeing twitch doing tech movements to optimize their pricing, they just using the current situation to scale down. Scaling up was to much for lot of these companies. I work for a tech company, massive layoff happened... guess what nothing changed apart having less people lol. While it's sad all these people lost their job, most were likely not needed.
Most layoffs in tech companies aren't tech positions.
@@oggolbat7932 this is also true tbh. lot of them are actually positions where they finished the job and they just stick around because they didn't do anything bad to get fired. These situations usually come from a good place of "We don't wanna fire you" until that becomes 300 people and company is like "Why the fuck are you here"
The problem was there was a boom in tech for like 5 years where places grew to way bigger then what they needed. Now that things are normalizing it's becoming apparent that large percentages of the workers are paid to just sit around barely doing anything. Anytime there is a boom there is always a deflation eventually, happens with every industry.
Cut the salaries of the people at the top. If your a CEO of a company that loses money every year, you are a terrible CEO.
Not really.
It's way more complicated than that...
Twitch loses money and Dan Clancey is amazing
You sound like an experienced CEO
Sounds nice in theory, but cutting CEO salary means you’re stuck with someone you’re admitting is suboptimal and reduce the chance of hiring good talent at a competitive wage. You either can the CEO, or you realize the CEO isn’t necessarily the issue.
What a simple minded take. Twitch it a growth and value add company for Amazon. If they can attract prime membership from twitch bennies then they are happy
Twitch quite literally drove me away, Back many years ago, i was at one point subbed to 15 different streamers, I also had spent close to 1k on bits. And there were 1000's of people just like me, happily supporting the people entertaining us, no different then going to a comedy club.
Twitch back then was funded mainly through people like me making these donations, the ads weren't necessary.
Then people started getting banned for the most ridiculous reasons, mainly some softheaded perpetually offended mod getting offended by some offhand comments and basically screwing over financially their victims for a week. It is a disgusting practice and I cannot understand why anybody puts up with it, streamers should unionize and get rid of the practice or they quit Twitch. Twitch basically started these ridiculous bans in order to sell the soul of the company to advertisers.
The final straw was the advertising, it virtually killed browsing peoples streams, every time you clicked on a new stream, you would be stuck watching advertisements for the first 2 minutes.
I quit watching twitch when the random ad rolls started, I don't even care if it has become better, f' Twitch, greedy bunch of nitwits. Their fall will be much deserved.
Twitch and Unity have strong competition but Discord has a strong position itself. Somebody there must be really incompetent
Censorship is expensive
not anymore they got just rid of those people
I mean they're mostly furries...so yeah.
Enforcing a backwards political ideology with a business usually forces a company to operate at a loss.
@@handsinthefire furries are many bad things but being incompetent in the yech industry is not one of them
It's funny all these CEOs get millions while their companies is going BK
Mass layoff is just to make the people that weren’t fired do double the work for the same pay. I always see these as death spirals for company’s because it’s not sustainable
Unity idk but twitch and discord dying is kinda normal. Eventually people will grow up and stop attending kindergarden.
Those kids screaming first clearly have issues
Discord is unnecessarily unoptimized. I actually dislike using it.
Discord created an unnecessary headache in the game modding community so I hope whatever replaces it is less annoying to navigate to find mods. I miss old-school forums so much these days, it just worked.
Discord didn't do this, the devs who didn't want to pay for webhosting for their forums did this themselves. I agree, for games with multiple mods (like minecraft) it can be a complete cock in the ass to have to register to their discord and jump through hoops to get access to that one support channel, but you can't blame Discord for this.
Discord's revenue hasn't fallen and are at a $15 billion USD valuation. Far from dying. Layoffs is their scale doesn't mean anything.
Discord censored so many channels I am not surprised
y'all have no idea what you're talking about it's hilarious. If you can run the website with 200 persons, then you can and should fire the 5000 extra persons that you don't need. They'll do more layoff because they didn't do enough.
First they stopped hiring, now they're firing. They know for a long time that they massively overhire, it's just not fun to layoff 80% of your company so they're putting it off as much as possible. Which is why they're losing so much money now.
No one ever knows what’s they’re talking about. The internet is mostly losers and children, both groups which have no idea how the world actually works
I do like discord so I would hate to see it fail. If discord toned down the prices for discord nitro and or made a eco membership kinda thing, i'm pretty sure more people would buy it. I can completely understand Unity struggling by laying off staff because of the crap they tried to pull.
Would it have been a failure though? Been around for almost a decade or so. Which is a pretty good run in the tech world.
What you you mean "an eco membership"? Something like a membership at the price of the real cost-to-operate-per-user?
@@maxinoume LMAO to be honest that was a bad way to say that but i ment like, a really basic scrap user subscription, then make the basic one now the middle tier, and then keep nitro the premium experience. To be honest, I think making servers for free users is the worst, because some dark ass shit happens in those. And it would deter trolls and bots from getting groups and stuff trying to fool users. I think taking away free users from making servers would actually help a lot. I think making servers should be a premium so it makes it harder for disgusting users from making these really horrible servers. But I know people will complain about that but lets be honest, would you rather pay the 5-10 dollars a month or have ads in discord. Because im pretty sure having ads will be the next step for discord to try to save itself.
@@SkumleBones Yeah but preventing free users from creating servers cannot be the solution because no one would try Discord out. I feel like most users joined Discord as an alternative to Skype (or w/e) and created their own servers with their group of friends. At least, that's how my few groups of friends moved over to Disc.
Removing this feature would mean no new members. Which means no potential future paying members.
Some of Asmons chatters clearly don't know about the construction industry. Your job is never guaranteed, layoffs are common
If discord charged a dollar or 2 a month, I'd pay it since its a nice and simple service. Nitro is dumb af, asking for too much for so little.
They're not "dying"
Just reducing the workforce to REALISTIC operating capacity by cutting the bloat.
Deff not the first time he’s talked about the government taking care of people between jobs and those who can’t afford basic things, and he’s right. Your coworkers, supervisor and maybe a couple more people prob care about ya at your job, but the company as a whole does not. The only prob is that it feels like our government cares even less about us 😂😭.
They really banked on people not going outside. But didn't think about how the heck were people supposed to make money to even pay for this stuff.
Wait Discord ? Twitch and Unity I can see why, but Discord ? As far as I'm concerned, I think a lot of people still uses Discord ??
The "Dying" part is obviously exaggeration
But who actually gives discord money
Yeah people USE it so it's not dead as in devoid of people dead as in no one is buying nitro lol
@@Sprejxendid you mean exaggeration?
@@joshholmes1372 yeah, english is not my first language...
I'm a software dev and I've been out of work a year come Feb. Been interviewing constantly getting to final rounds and have been passed on for too much experience, not enough experience and anything you can think of, jobs have closed the listing before hiring me. It's awful. One of the reasons I took this path was it seemed a sure fire way to stay employed everyone's always gonna need devs but right now cause of all the layoffs at big tech companies the market is flooded so competition is super high and if you don't have the EXACT skills at the salary the company is willing to pay you lose.
That really sucks man, have you thought about a different field? I also work in the software sector and even though I haven't been through a lay off yet, the fact so many have and are struggling is very disheartening because that could be and there's not much I can do about it.
I've been thinking about what else I could pivot to if needed and the job market doesn't improve, after all the wife and kids are a priority
The software world has changed. It's no longer enough to be average and stagnant. As a software dev, you need to be constantly learning and adapting. You should know multiple languages and why you would use one over the other, and you should be comfortable learning how to use a new language on the job quickly. If you haven't learned anything new since February, why would companies hire you? Your skills are outdated. Pure software is a meme now. You need to know how to write software for products, and specifically, the products companies want software written for.
@@mortiz20101 nah I love being a software dev. Unlike a lot of other devs I don't eat, sleep breath the shit (some of my old coworkers would leave work go home and watch talks and podcasts on programming). But the feeling of accomplishment when you do something particularly awesome with code or get something working that's been eluding you for days just feels so damn good! And I'm good at it, but I've been an integrations developer all 10+ years of my career so mostly app talking to app so because I'm not a "full stack" dev I've been getting passed on a lot for my lack of front end experience. Oh well hopefully something works out soon cause interviewing is exhausting lol.
I've wanted to look into AI development since it seems like that's going to be able to do a lot of the simple tasks so I'd like to make sure I know how to leverage that and then additionally how to program the AIs themselves to keep myself in a skillset that will be marketable haha.
In company I work for (Mobile Game Industry), I talked with my boss about AI and future job positions. He said, that we won't be hiring more people for my position that is game developer since we created AI tools that helps us speed up developing processes to the point that we don''t need more people in a team but better tools.
I’m curious on how cheaper it is to build these tools compared to having to hire people.
What do you do, code/art/ design?
LMAO.
I love how everyone cries thinking the company should pay them after they become unemployed - it makes little sense.
Government should definitely do it, yknow, like most of the rest of the world.
Great, so Teamspeak it is. Good that I have kept that server I´ve got together with my friend running now for over 10 years.
teamspeak sux big time
@@YoungAsznee If you dont know how to work with it, sure. If you do know, its way better then Discord (at least for speaking with each other). Discord is better with Community building and chatting. Teamspeak was never meant for that.
what would you have to do to make ts a better alt to discord?@@Rakku
A lot of places cut down to save money. When they re-hire they can get people for a fraction of what they used to pay people.
Anyone else listen to asmon as they go to sleep? 😂
Discord started as an amazing idea, i knew it was dead the second they tried selling damn gamess off it. Now its bloatware, almost want to go back to vent days
Unity despite all that is still the most commonly used game engine, and they are the most used for industrial purposes outside of gaming.
Unity is honestly fine, they do their thing, and unreal does its thing.
"Do I give a fck? No" Imao I always appreciate Asmons honesty.
Lay-offs of a company which was overblown with too much employed people is not "dying". Discord is on a huge uprise
Problem with Unity is 100% that they basically illustrated how they can and will change the contract at will and up the %. And the issue now is the less people that use Unity, the more Unity will try to scrape from those that are left, creating a negative feedback loop.
Most small devs using Godot or making the leap to Unreal.
Love how the people who worked so hard on developing AI and shouted from the rooftops of its benefits have manufactured their own irrelevance. Sucks everyone else will suffer loss of income for it but at least there is that karmic justice. More reason to start takin UBI more seriously and get the convo started in government since they take decades to get anything done
Where that UBI money will come from when big corpos and other gigants avoid taxes with creative accounting and other stuff? Not to mention getting showered with money every time some bad financial situation happens...
Honestly discord has zero serious competition, they were not built to go big buissness so hiring too many people was just a matter of when a huge layoff would happen… and the moment they hike up charges someone will come in and replace them like they did skype and teamspeak because in this day nobody with half a brain is paying monthly to them for what they offer in return.
Essentially discord is fine, they built to big during covid, charging more will possibly wipe them out as soon as anyone wants to replace them just like they replaced teamspeak and skype or how facebook replaced myspace and how steam/netflix replaced blockbuster videos.
Literally listening to this video while working on an AI feature in a tech company. It didn't take my job, quite the opposite.
The saddest thing about Unity, is that it's a really good development engine for jumping right in to make things. Yet, it means nothing if the game you are making to put food on the table and a roof over your head becomes unprofitable. At least it's still useful for prototyping.
AI is not taking over anything in tech... in any serious business the data security concerns heavily outweight the benefits an AI assistant provides. AI also completely fails at anything just slightly complex.
All you can truly use AI for are the monkey coding tasks which you know exactly how to do, but are just too lazy to do them. And even there my personal experience is that the AI returns unoptimized or low quality code about 80% of the time. Depending on my current task, this can result in a few very comfy days, but it's nowhere close to replacing a fully educated software engineer
Just because you or your company do not know how to efficiently utilize AI, doesn't mean no one else does. Of course its not used for complex tasks yet but it can already save hours of prototyping and testing.
This ^
This^ too
pretty sure the replies talk about utilizing AI as a feature, in which case i agree. as an assistant though it only works in simple and unimportant environments
i think for unity it might very well be their final option for what they did with their engine monetization, they knew they needed to increase their revenue or do lay offs
If companies and CEOs will be more greedy every week than that is normal
As a software engineer, it has become much harder to find a job as a substandard programmer. Don't go into Computer Science thinking it's gonna be easy money, you better be really good at it. But on the other side, if you are passionate about it and have a unique skillset that is hard to replace, you will make a lot of money and not worry at all about finding a job. I work as a freelance and in fact I'm having trouble keeping up with all the contracts going on, and I would already consider myself expensive.
"Ah man, all those poor companies. This sucks."😞
"Unity? Oh sweet."😂👍
Unity is responsible for so many indie games being made, and allows for many developers to make a living following their passion. Switching to Unreal Engine is not a trivial task whatsoever, and it's important to have competition. I'm not saying I like their leadership or the direction they tried to go recently with their terrible pricing plan, but after they walked back on it, the pricing plan they offer is still very generous (even more than UE's, which is also quite generous IMO).
@@Impervious11Fool me once...
Kids learn about AI now. I work at a highschool, they have AI in the curriculum already.
WTF, Discord will never die til waifu lovers like me keep on living.
It will die because waifu lovers have no money. Broke boys buying cookies to flex on queen poki not nitro to flex for daddy Discord
Who cares about discord it just divides gamers. The reason it's called discord is to cause chaos that is what discord means.
In regard to the Twitch Korea situation, the root of the issue is not simply the South Korean government's favoritism toward local live streaming service providers. Quite frankly, the government and politicians in South Korea don't care much about Twitch. The core problem lies in the feud between South Korea's biggest ISP and Netflix. In South Korea, ISPs impose heftier network fees on businesses than on individuals. This is why everyday Koreans can have a 100 Mbps fixed-line internet service for around $20 a month, basically everywhere in the country. However, foreign companies like Netflix, which generate a lot of traffic, were unwilling to pay as much as local businesses did. It was only after litigation that Netflix decided to settle with a local ISP and pay more. The repercussions of this settlement were the reason for Twitch's exit from South Korea. I understand that some Korean streamers, who have streamed for English-speaking audiences, are very angry and disappointed about the situation and want to blame the government. However, portraying the government negatively without good reasons because I'm mad is just dishonest.
this
Tech companies are woke and everyone is fed up of it.
I work at a music streaming company and we recently made a lot of redundancies. While it was very sad, and I would never say this publicly, at least from my office no-one is really missed from a work perspective. We had a lot of people doing jobs that were not really integral to the operation or teams of 12 when 5 people could comfortably do it. And a huge HR team, which got reduced with the number of people etc. A lot of these people also started during covid and never came into work the whole entire time they were employed. The word redundancy is fitting here - these jobs really were not needed to begin with.
@@charmolettafranquestafiestayam I haven't meant it to come off that way. What I'm meaning to say is those jobs really are redundant/unneccessary. In these fields we started with little companies that greatly expanded. Yet the core functions themselves didn't expand that much to warrant so many people.
I know i can lose my job too and I'm very sad for the people who do, i'm just trying to show the perspective that these jobs were not needed to begin with. Mine currently is, someone needs to do it. No one needs to do some of the redundant jobs - they were luxury hires in many cases.
Big L for asmond on this video. Asmond talking about unity “they get what they deserve, horrible company” asmond talking about Twitch. “They can just write that billion dollars off on their taxes” so just because Twitch provides you with your lifestyle it’s ok for our tax dollars to prop up a poorly run company. How about Twitch pay streamers less money, lower their promotional budget and executive pay. Instead of shifting the burden to the American taxpayer. Everyone cries for the free market until it impacts their own money.
0 iq take
@@elunegracee explain.
@@4sight719 People like guy above you ^ is what makes things not progress. Idk if I agree with u or not, I'm just reading and willing to learn but these people just offend and leave, there's never a chance of trading information or politely discuss stuff without bias because all they want is to vent and layoff their arguments by angrily replying or mocking someone else. Unfortunately. Internet in 2024 is still quite awful, but I hope for the best.
Big fat L for OP for taking things seriously out of context. The “tax write-off” comment starting around 14:00 was solely an example showing one way the survivability of Twitch is a non-issue because it’s owned by Amazon. That says ZERO on any thoughts he might have on whether Amazon should be able to do it.
@@FunningRast I’m bringing light to the hypocrisy of asmonds statement. His statement and view on how a company like unity deserves to go under and lay people off because it’s a bad business with bad business practices. whereas a subsidiary like Twitch. his view point is essentially “it’s ok that they lose money because Amazon has deep pockets 4head” you can’t have both. If you are a true free market believer then a company like Twitch losing money shouldn’t just be viewed as just a tax write off. You should apply the same logic. “They are losing money and laying people off because they are a bad business with bad business practices”
"i think windows is fine" ... you poor man
I like pie!!
Love me some pie
You're gonna sht a rainbow kitten when you see the Pie I've got in the oven. It's a game so involved it's a job that lots of players have to do for a living in order to provide a handful of power players the opportunity to buy a superficial competitive experience as animals in a stable full of digital livestock that whales can purchase and pit against other whales for control and influence in orchestrated battles. And the whole point is to try and escape the treadmill so you can finally be free to explore an untouched wild simulated world full of resources. It's a Pie that blooms into every flavor of the rainbow, then kicks you in the cloaca and calls you a lil baby for crying about it.
But shhhhhhhhhh, it's a secret.
2 years ago I was observing a forum about the current state of work and the necessities of reducing inflation as our country is dealing with the ramifications of shutdowns. A professor started talking dryly. which is when my ears are peaked, and apparantly the requirement is a culling of 'upper-middle' to 'middle' classes as the types of benefits and guarantees they get in total is getting way too expensive, which is when you can finally have some 'lower' classes picking up some "high-paying" jobs the 'middle' would find unacceptable in terms of 'seniority', which means they can get better paid by taking a cut to income and enjoy an early retirement, this eventually dries up when the inevitable happens and depending on the family either picking up 'lower' work or 'minimum' they will stabilize the economy as this would be repeated among the 'majority' class. This is a golden opportunity for those out of work as jobs will be getting on the market. This seems to be happening in not just my country and might be applicable to regulating an economy.
I wish everyone well finding employment that benefits society. Discord isn’t that at all
7:00 One way to look at it is that unity was trying to figure out a way to be profitable, but their approach got a negative reception and they had to figure out a way to cut costs instead.
idk..
Kinda crazy how these companies are 'dying' twice a month every month for years.
well bell needs to make videos, so he makes shit up, keeps a irish acsent so he seems credible
Here’s a novel idea focus on making a good product, not DEI .
Mark my words, non of us will ever experience anything like SAO, go buy a quest they're great fun! Also there are tons of VR games you can play while seated.
Who cares tbh. The world was a better place before people started putting streamers on a pedestal. Now everyone thinks they’re the most important person on earth.
The issue with companies scaling down imho comes when those companies decide to lay off people that have been working with them for a long time and result in higher costs for the company, in other words people that are rewarded for being there and contributing to the company for longer are the ones that become targets to fire, often creating a huge void in expertise at the company that causes chaos everywhere and results in a worse product.
The real issue is not with companies firing or hiring people, the issue is with the incentives, higher pay should mean you are more valuable to a company but it often means you're more expensive to have and nothing else.
You can imagine how damaging it is to fire people that have been working at the same place for 10-20-30 years to go back to the job market simply cause the company has a backwards way of doing incentives, 45 years old without a job and with 20 years experience in doing things a certain way, I don't mind this happening organically, I do mind when it happens at an industrial scale systematically.
I don't think I care about it per se, but for some ungodly reason I care for things that are done wrong and have apparently easy fixes
the problem with unity is the mistakes were made by the management but while they secure their bonus by tweaking the numbers with mass layoffs the only ones hurt are the small employees
"twitter works just fine" yeah, that's exactly what a person who only looks at boobs would say
In Unity's case, it's "biting the hand that feeds you". They took a bite at their consumers, their very own income providers, and the consumers took measures to prevent future incidents. Like an aggressive dog, the trust from the owner is now gone, so out comes the muzzle. Or in this case, jumping ship.
It's a business practice many companies have started adopting, Wizards of the Coast and their OGL scandal, Disney executives blaming and insulting their audience and losing 3 billion in media projects in the last 2 years. Netflix's Witcher and Amazon's rings of power becoming laughing stocks in the fantasy industry. Fail after fail.
The moral is that your market, your audience and consumers? They decide whether you succeed or fail, and companies of today have forgotten to respect them. You can't call them racist, you can't slip unsolicited fees into their products, and you cannot abandon the core concept of a story without losing your consumers.
18:30 I don't really understand why people are having such a hard time with this, this is a fact if a company can't afford to employ you or can do better off without you then yeah it is under no obligation to keep employing you. Job security does fucking suck for a lot of people but we live in a universe where things change thats just life, some people get to eat today and others don't it sucks a lot of the time but thats just how things are.
Regarding the sword art online comment, its surprising how close we are.
1) Unreal 5 and similar have made it possible to create massive worlds with proper lighting/textures.
2) AI is becoming increasingly better, which you need to populate and control/create such a massive world in a reasonable amount of time.
3) VR headsets are starting to become affordable and ironing out most of the issues.
4) Brain wave activate controllers are finally starting to become useable. Now they just need to be miniaturized and make sure everything is safe.
Now think about the fact that most of this tech is 30 years old but most of the advancement has been made in the last 5-10 years. I can feasibly see us getting something workable in 10-20 years.
Even more the case when people said that lightsabers and giant mechs weren't possible yet we have created both.
TBH Bellular is a bit of a drama queen when it comes to this. Huge layoffs in Tech happen all the time, earnings report lower numbers for taxation reasons (take note, how this is happening right next to the corporate average fiscal year) - it's so common, it even happens in retail companies Tech departments. Lowe's, Home Depot, Amazon, Walmart - layoffs for days. It's just business, happens all the time. There's no reason to keep 400 employees that you hired to build a product - developers, designers, ux engineers, ux researchers, architects, project managers, etc - when the product is built - you don't need all those people anymore.
Clayton Christenson on this topic noted that the sign of a company built to last versus a normal company is when during the best of times they hire less than half what their peers do and in the worst of times they fire no one.
Companies that have their growth designed around the worst of times aren't going to give shocking growth, but 10 - 15 years later you suddenly realize you've got 250k in assets.
@@charmolettafranquestafiestayam
There's always going to be the group that wants the thing the day before it comes out. No use making that argument.
To be fair the folks that do invest on speculation deserve to go homeless when that speculation fails as much as those who become ultra wealthy when it pays off.
The problem is when tax dollars subsidize industries be it through loop-hole, legislation or executive fiat. Now we are all poorer despite not being the ones who took those risks. Inflation hits crazy.
Discord needs to revert to their best older look which was amazing and faster, Discord is trying to be everything BUT focusing on their main shtick: Being literally a message system, and server communication hosting.
They tried to do gaming, they failed.
They tried to be artistic, they failed.
They tried to host like... some awkward ass gather ups if I remember correctly, try to do some "choose your team!" mumbojumbo.
I don't understand just do the ONE thing you were supposed to, and even that they're so incompetent to do, they should of sold out to Microsoft when they had the chance and fck off already.
You can't even buy individual nitro's like before, or they got some ass shop nobody but people who have nothing better to spend money on uses.
Like, it's literally pity shop.
2:10 I don't think AI is taking over whatsoever, it's just that the field has become more competitive for jobs & (some) schools. I feel like AI is taking over in smaller jobs (like that one video of AI taking over a restaurant) or that localization translators video.
I started to use Unreal instead of Unity. No regrets really. Took awhile to get my project into a playable state again. It will never leave my pc so its not like Unity is out anything.
"Some of you may die, but that's a risk I'm willing to take" - Unity probably