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Yes, but sometimes switching to arithmetic/absolute thinking is the right thing to do. For example, suppose an engineer who is paid $200k per year can spend a
by fiprofessor 3y ago
Yes, but sometimes switching to arithmetic/absolute thinking is the right thing to do.
For example, suppose an engineer who is paid $200k per year can spend a week to implement an optimization that reduces costs by 0.1%. If that is 0.1% of something that costs $50 million per year, then that's not a bad use of time.
- distcs 3y ago> For example, suppose an engineer who is paid $200k per year can spend a week to implement an optimization that reduces costs by 0.1%. If that is 0.1% of something that costs $50 million per year, then that's not a bad use of time. Is it not? I don't know. I don't run a multi-million dollar business. So this is an honest question. 0.1% of $50 million is a meagre $50000. If someone is running a business that is spending $50 million per year on something, are they really going to care about a small $50k saving per year?
- fiprofessor 3y agoWell, it's not worth it to bring this optimization to the attention of the CEO. But it definitely exceeds the engineer's weekly cost by a lot, so if it only takes a week, it's potentially worth it (modulo opportunity costs for other things to work on). Spin it around: is it worth it for a sales person who makes $200k per year to spend a week to land a $50,000 per year contract? I think it potentially is, for the same reason, even if the organization as whole makes hundreds of millions of dollars a year.
- thomastjeffery 3y agoYour example is starting with absolute arithmetic, and sticking with it. There is no change.
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