Clement Mihailescu
@clemmihai
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Co-Founder & CEO of AlgoExpert | Ex-Google & Ex-Facebook SWE
The Cloud 🌩️
Joined January 2016
RT @JDVance: I cannot overstate how much I loathe this emotional blackmail pretending to be concern. My kids, god willing, will be risk ta…
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RT @EricTrump: In my opinion, there has never been a better time to invest in the United States. Bet on our markets, on energy, on technolo…
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RT @jdorman81: The market is losing its mind over the $TRUMP coin, and completely missing the plot. Here’s why this is going to be incredib…
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Now we’re cooking with gas. 🤝⛽️🔥 ⛓️🧊
I think the technical term to describe this situation is "now we're cooking with gas" I wonder what happens when the world's largest financial institutions decide to go on-chain because being on-chain becomes a "national priority". Seems likely they will need a secure and reliable way to utilize various kinds of data on-chain to build their financial products. I can also see them needing a reliable way to interconnect all their chains to transact in a secure, compliant and efficient manner accepted by regulators. Something like what TCP/IP does for the internet, but built to handle cross-chain transactions and able to work for institutional systems/use cases. It might also be nice if they had a simple development environment from which to manage all this complexity, something like a runtime environment that makes it easy to rebuild all their existing financial products and transactional flows on-chain. If that development environment was already integrated with their existing standards like Swift and their existing CSDs like DTCC, that would make it a lot simpler for them. If only there was a single platform where they could get all of these key building blocks to work together in a secure way... Exciting times ahead.
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@SawyerMerritt Is there a place to sign up for notifications when new items hit the Tesla shop (other than the "Email me when this item is restocked" thing for existing items)? Can't find anything specific to new Tesla-shop items.
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@GergelyOrosz An eng director at Google once told me that the average total annual cost of a SWE on his team was ~$700K-$1M. That's taking into account the SWE's total comp, equipment, annual trips, onboarding costs, interviewing costs, etc.. False positives are the death of any company.
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@GergelyOrosz Yup. They accomplish exactly what the companies that came up with them wanted them to accomplish: to provide a highly scalable, highly standardizable way to interview software engineers, at the sacrifice of some false negatives, but with very few false positives.
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RT @GergelyOrosz: Here’s the uncomfortable truth: it doesn’t matter that whiteboard coding tests / LC don’t measure a lot of things a dev n…
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Hello crypto.
I feel like a large amount of GDP is locked up because it is difficult for person A to very conveniently pay 5 cents to person B. Current high fixed costs per transaction force each of them to be of high enough amounts, which results in business models with purchase bundles, subscriptions, ad-based, etc., instead of simply pay-as-you-go. As an example, I'd like my computer to auto-pay 5 cents to the article/blog that I just read but I can't, and I think we're worse for it. In a capitalist system, transactions between entities are the gradient signal of the economy. Because our pipes don't support low magnitude terms in the sums, the gradients are not flowing properly through the system. I'm not familiar enough with payments to have an idea of specific solutions, but I expect we'd see a lot of positive 2nd / 3rd order effects if the gradients were allowed to flow properly, frictionlessly and with much higher resolution.
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My honest thoughts on the software engineering industry in 2024: *The Negative Thoughts* 😞 1) It's a brutal job market, particularly for developers with no work experience all the way to 5 years of work experience. There are too few open jobs and far too many candidates competing for these few open jobs. 2) It's unlikely to get better anytime soon, if ever. Companies have realized that they're no worse off with fewer engineers than they were with more engineers. The insane over-hiring spree of 2016-2022 was just that: insane. 3) AI is obsoleting developers, slowly but surely, slowly then suddenly. *The Positive Thoughts* 😁 1) Many companies *are* still hiring. Anecdotally, recruiters from Google and Meta have asked me if I want to go back (Meta seems to be hiring aggressively—within the context of this market). The blockchain industry is hiring like crazy. Other pockets of the overall market are hiring at a steady pace. 2) AI is *not* obsoleting developers. No sane business that wants to remain competitive will run the risk of replacing its developers with AI. AI will only make SWEs more powerful and more productive. 3) Software engineering is anything but a dying field. Thinking it's going to fizzle out in the 2020s is akin to someone in the early 1900s thinking construction was going to die out. 4) Victimizing yourself because of externalities beyond your control like high interest rates and AI advancement is pointless. Keep networking; keep applying to jobs; keep prepping for interviews; keep learning; keep out-competing other people. *Conclusion* 💡 The golden era of software engineering—defined by its low barriers to entry, high salaries, and too-good-to-be-true work-life balance—is likely over. But software engineering remains a fantastic field (dare I say the best?), just one with higher barriers to entry and more realistic work expectations. The money is still great. 🤑 As someone eloquently said in the comments of my YouTube video on this topic, neither winter nor spring is permanent, and they come again after a while.
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I said it 7 years ago, and I've said it ever since: a smart person who's never coded in their lives can learn Python or JavaScript fundamentals in a few weeks (not even going through a full 3-month bootcamp--just learning the fundamentals), intensely prepare for coding interviews, pass the coding interviews, and land a multi-six-figure job at FAANG. Hardest part is indeed getting the interview.
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@lailachima "He that humbleth himself wishes to be exalted." -Friedrich Nietzsche Not only does humility get you nowhere, but it's often just a facade that masks a desire for recognition. Nothing wrong with being proud and vocal about your accomplishments!
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RT @chamath: It may not feel this way at times, with so much political hyperpolarization, but the US is on the verge of a modern renaissanc…
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RT @haydenzadams: "I work in crypto" is eventually going to sound like saying "I work in internet"
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