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Some seriously bad analysis in the article 'About half of millennial tech workers say it’s important (26.5%)'

by fleitz 10y ago

deleted 10y ago
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azernik 10y ago
'About half of millennial tech workers say it’s important (26.5%) or very important (19%)...' So, a total of 45.5%. About half.
yladiz 10y ago
> About half of millennial tech workers say it’s important (26.5%) or very important (19%), but the number declined to 10.2% among the Boomer generation. Here's the full quote for context. Don't say the analysis is bad if you can't properly read the analysis in the first place.
pflats 10y ago
Analysis generally suffers when you stop reading a third of the way into a sentence. 'About half of millennial tech workers say it’s important (26.5%) or very important (19%), but the number declined to 10.2% among the Boomer generation.'
- nostrademons 10y ago
  Still doesn't support the title. If something is popular among the younger crowd but unpopular among older people, it usually indicates that it's gaining luster. A better title might be "Experienced tech workers looking outside of the Valley for next opportunity."
  - yladiz 10y ago
    What do you mean by, "If something is popular among the younger crowd but unpopular among older people, it usually indicates that it's gaining luster?"
    - kristopolous 10y ago
      Younger people generally set trends.
    - nostrademons 10y ago
      Young people are often early indicators for where the trends are going next. This is because of two main reasons: 1.) Young people now become old people later. The whole population ages, so (as long as young people keep adopting a technology/belief/product/location) the demographics of the population later will naturally reflect the demographics of the youth population now. 2.) Young people tend to be less set in their ways than older people. People build a mental model of reality as they become adults, which usually reflects reality as it existed in their late teens and 20s. When the world changes, young people have no investment in the old world, and so they make choices based on how it exists now rather than how a few new facts fit into their existing mental model. Note that I'm arguing for the general principle of "young people today become most people tomorrow." On the specific question of "Are tech workers leaving Silicon Valley?" - I can see the other side's point. I'm 35, many of my friends are thinking of leaving, and I have that discussion regularly with my wife. But I think that's actually not the trend, but it's a reflection of another dynamic: Silicon Valley is a pyramid scheme. It's an example of tournament economics: a small number of people get fabulously wealthy, and the majority work their butt off for relatively average returns. I knew this when I came here (there were 40-something Silicon Valley residents on HN even in 2008 :-)), and I've done reasonably well in the tournament, but the consequence is that everyone who doesn't win eventually leaves, to be replaced by fresh blood willing to try their hand. (On a meta-point, I think this is actually a good example of the youth trends today becoming the new normal tomorrow. I think the whole rest of the world is also turning into tournament economics, and it's just less obvious outside of Silicon Valley and the developing world. Millenials know this - they have no expectation of employer loyalty or that anyone besides themselves will advocate for their career - but it's a very foreign and repugnant mental model for many baby boomers.)
      - untog 10y ago
        I disagree, I think it's a reflection of young people having different priorities to older ones. As you age you start caring about having space for children, good schools, etc etc. Life priorities change, and that's nothing new. I remember laughing when I read an article stating that famously car-rejecting millennials have started buying cars. Yeah, no shit, they're having kids and moving to the suburbs.
deleted 10y ago
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deleted 10y ago
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Some seriously bad analysis in the article 'About half of millennial tech workers say it’s important (26.5%)'

by fleitz 10y ago

Some seriously bad analysis in the article 'About half of millennial tech workers say it’s important (26.5%)'

deleted 10y ago

[deleted]

azernik 10y ago

'About half of millennial tech workers say it’s important (26.5%) or very important (19%)...' So, a total of 45.5%. About half.

yladiz 10y ago

> About half of millennial tech workers say it’s important (26.5%) or very important (19%), but the number declined to 10.2% among the Boomer generation. Here's the full quote for context. Don't say the analysis is bad if you can't properly read the analysis in the first place.

pflats 10y ago

Analysis generally suffers when you stop reading a third of the way into a sentence. 'About half of millennial tech workers say it’s important (26.5%) or very important (19%), but the number declined to 10.2% among the Boomer generation.'

nostrademons 10y ago
Still doesn't support the title. If something is popular among the younger crowd but unpopular among older people, it usually indicates that it's gaining luster. A better title might be "Experienced tech workers looking outside of the Valley for next opportunity."
- yladiz 10y ago
  What do you mean by, "If something is popular among the younger crowd but unpopular among older people, it usually indicates that it's gaining luster?"
  - kristopolous 10y ago
    Younger people generally set trends.
  - nostrademons 10y ago
    Young people are often early indicators for where the trends are going next. This is because of two main reasons: 1.) Young people now become old people later. The whole population ages, so (as long as young people keep adopting a technology/belief/product/location) the demographics of the population later will naturally reflect the demographics of the youth population now. 2.) Young people tend to be less set in their ways than older people. People build a mental model of reality as they become adults, which usually reflects reality as it existed in their late teens and 20s. When the world changes, young people have no investment in the old world, and so they make choices based on how it exists now rather than how a few new facts fit into their existing mental model. Note that I'm arguing for the general principle of "young people today become most people tomorrow." On the specific question of "Are tech workers leaving Silicon Valley?" - I can see the other side's point. I'm 35, many of my friends are thinking of leaving, and I have that discussion regularly with my wife. But I think that's actually not the trend, but it's a reflection of another dynamic: Silicon Valley is a pyramid scheme. It's an example of tournament economics: a small number of people get fabulously wealthy, and the majority work their butt off for relatively average returns. I knew this when I came here (there were 40-something Silicon Valley residents on HN even in 2008 :-)), and I've done reasonably well in the tournament, but the consequence is that everyone who doesn't win eventually leaves, to be replaced by fresh blood willing to try their hand. (On a meta-point, I think this is actually a good example of the youth trends today becoming the new normal tomorrow. I think the whole rest of the world is also turning into tournament economics, and it's just less obvious outside of Silicon Valley and the developing world. Millenials know this - they have no expectation of employer loyalty or that anyone besides themselves will advocate for their career - but it's a very foreign and repugnant mental model for many baby boomers.)
    - untog 10y ago
      I disagree, I think it's a reflection of young people having different priorities to older ones. As you age you start caring about having space for children, good schools, etc etc. Life priorities change, and that's nothing new. I remember laughing when I read an article stating that famously car-rejecting millennials have started buying cars. Yeah, no shit, they're having kids and moving to the suburbs.

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