$342,546/Yr - But At What Cost? @LogicallyAnswered

Logically Answered | $342,546/Yr - But At What Cost? @LogicallyAnswered | Uploaded January 2024 | Updated October 2024, 1 hour ago.
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Working at big tech is currently by far the most lucrative job path in the world. Fresh college grads can earn nearly $200,000 and it only goes up from there. But, the reality is that these high salaries and perks don’t come for free. Like with anything, the output is very much equal to the input, and let’s just say, it’s not exactly easy to survive at big tech. While we often hear about rest and vesters and slackers, the reality for the average FAANG engineer is a lot different, especially with the recent layoffs and budget cuts. You see, working at companies like Netflix is much less like a job and much more like being a professional athlete. In fact, that’s how Netflix describes it on their official careers page. And unless you’re constantly putting out top-tier performance, you’re gonna be cut from the team regardless of your previous contributions or seniority. But, oftentimes, there doesn’t even need to be consequences to get these engineers to work really hard given that they only hire high achievers to begin with. This video explains the difficulty of working and surviving in big tech and why the big salaries aren’t as generous as you might think.

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Timestamps:
0:00 - Big Tech Culture
2:29 - Pressure Cooker
6:12 - Good Cop Bad Cop
9:40 - Earning Your Wage

Thumbnail Credit:
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This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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$The Decline Of Torrents...What Happened? Lock In 5% With Bonds: https://www.silomarkets.com Torrents used to dominate the internet, being one the top ways that people downloaded songs, movies, and games. But, over the past 20 years, torrenting has slowly faded from the limelight, so much so that interest in torrenting is only a mere fraction of what it used to be. So what happened? Well, one of the key reasons why torrenting became so popular in the first place was because of convenience. It was easier to seed a file from uTorrent than go to the store, pick up a rental disc, and return it. But all of this changed with the rise of streaming services like Netflix and Spotify. All of a sudden, you could stream seemingly endless amounts of content for just $10/mo - meaning that many no longer felt the need to torrent. With rising subscription prices, we are starting to see people get frustrated again, but this time, most are flocking to illegal streaming services as opposed to torrents. So, the hay day of torrenting may very well be over for good. Free Weekly Newsletter With Insiders: https://ppnewsletter.substack.com/ Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00 - Torrents Surprising Dominance 3:16 - The Battle 10:34 - The Fall Resources: https://pastebin.com/Qk3UUawh Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures$

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$Why 77,000 Cancer Patients Are Suing Pfizer (& Others) Lock In 5% With Bonds: https://www.silomarkets.com We’ve all heard horror stories about the pharmaceutical industry. Undisclosed side effects, addictions, and price gouging are commonplace within the industry, but likely the worst infraction of all time is Zantac. Zantac was the most popular over-the-counter medicine in the world, used for heartburn and acid reflux relief. It was sold by all the big pharmaceutical companies as a branded and generic medicine, claiming to bring relief to millions and millions of people. The truth, however, was that Zantac was hiding a dark secret. Under certain storage conditions, Zantac was known to produce excessive amounts of NDMA, a chemical with a strong correlation to cancer. Yet, this risk factor was never disclosed to the FDA and 77,000 people ended up developing various forms of cancer. Big pharma naturally accepts no responsibility, but that doesn’t change the fact that Zantac is one of the biggest scandals of the pharmaceutical industry. Free Weekly Newsletter With Insiders: https://ppnewsletter.substack.com/ Socials: https://www.instagram.com/hariharan.jayakumar/ Discord Community: https://discord.gg/SJUNWNt Timestamps: 0:00 - Zantac 2:51 - How Did This Happen 6:20 - The Current Situation Resources: https://pastebin.com/PrTscuU3 Disclaimer: This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research. https://www.silomarkets.com/disclosures$