Oh, thank god. I was worried we would be the terminal jockeys monitoring and fixing the deadlocks and hallucinations of larger and larger herds of GPT prompts.
Seems nuts to me, but CEOs also get an interesting pressure not to effectively be in a second sector through real estate holdings, etc, so even if long term subleasing would have paid off they may not have wanted to.
I guess its that having a lot of assets in a lower alpha sector will dilute the upside in a boom compared to a company that is totally leveraged to have all its value operating in the one sector. Fiscal madness.
I get that in theory, but this seems like a special case where they'd want to apply some judgment, especially since it requires a massive commitment of upfront capital that FB could almost certainly deploy more efficiently somewhere else.
Like, maybe I'd understand if the payments were due in a slow trickle over time, but article says that FB has already paid the full amount. This would compare to say, taking a small loss each month on the difference between the rent due and what a leasing manager could net from subleases.
That sounds like Pennsylvania? Naturally there are key cities that you can't get on other continents and for many IT people that's usually San Francisco. But if you aren't actually in one of these key places it's often a matter of imagination that you think the place you are in is similar culturally, etc.
I suppose throwing dynamite from helicopters is a choice, but I still see Philadelphia as more of a living with risk place than a place that benefits from intelligent risk taking.
Yeah, though I've seen a lot of raw talent in people who just can't stick it out. I think this is more correlated fields and perhaps a mix of tolerance for fields with similar frustrations mixed with coping strategies for dealing with failure based on technicality.
At any rate I think a lot of people fail out of programming and into another tech career, so it's not really a bad idea for a 30 something from any field.
It doesn't really matter since exempting the sectors that oppose it knowing they would be hurt would make every free trade zone exit ideal for the exiting country.