> The average rank and file employee at any BigTech company knows only a minuscule more than the general public.
They know the clients, the contracts, hiring, cost cutting way before the general public does. The problem is that many BigTech is sum of many units which might not be correlated, but for say Nvidia or Apple I would assume the employees would be a good people to take the stock advice from.
And this is again an obviously naive assumption. Your average developer at Apple has no idea how many iPhones Apple sold in China. Nor do Nvidia employees they know how many GPUs NVidia sold. Your random Amazon developer didn’t know Jassy was going to announce at the earnings call that Amazon was going to announce that they were going to spend more this year on Capex for AI related hardware than they’d free cash flow tanking their stock.
Again, I worked at AWS and we had no insider knowledge
> but for say Nvidia or Apple I would assume the employees would be a good people to take the stock advice from
Isn't Apple pretty famously secretive even internally around stuff like product launches? I would expect a company that runs a tight ship to have rank-and-file employees who would have less potentially actionable info than ones at companies that don't control information as well.
In a tiny company this is true. In any medium (much less large) company you don't know much more than anyone else on the street - and the independent analysts who just watch public information closely usually know more than you do about all that. (it is their job to read the data from China and figure out what that means for the companies involved).
Firstly how is this related to opportunity costs. Secondly, no one said that to create digital computer you should start a war. It's just that war is already present, regardless of you invent digital computers or space travel.
I think you are 2-4 orders of magnitude off if you think donation could be enough for a project as important as Android where 1 day delay in fixing security issue is just disasterous.
> But if a Brit comes to your country and buys cocaine from you, in person, you wouldn't expect to be convicted as a dealer in the UK.
No? All countries catch drug dealers from other countries all the time even for the crime that happened outside of their borders. Or do you really think El Chapo could vacation freely in Europe.
El Chapo was extradited and convicted for crimes actively committed in Mexico, then the US in relation to managing a multinational drug cartel. Murder, money laundering, more murder, smuggling, yet more murder, etc etc etc.
This seems significantly different to openly and honestly posting narcotics.
I’m sure there’s a game out there that has a prize pool for matchmaking mode, because any silly thing has happened somewhere, but I’d expect that sort of thing to mostly be handled in proper tournaments.
It's not so much tournaments but viewership. People watch others play on Twitch, that gets you money directly as well as sponsorships. This incentives people to cheat so they're good on stream.
They know the clients, the contracts, hiring, cost cutting way before the general public does. The problem is that many BigTech is sum of many units which might not be correlated, but for say Nvidia or Apple I would assume the employees would be a good people to take the stock advice from.
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