https://twitter.com/benhanowell/status/1622965514812235777
oh no no no
🚨 Amazon laying off economists now 🚨
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There are a dozen threads with little data. Fake fake fake. Someone really wants economists to stay away from tech.
You can get a clue here from the second tweet in the thread: data scientists are disgruntled about economists’ higher status:
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There are a dozen threads with little data. Fake fake fake. Someone really wants economists to stay away from tech.
You can get a clue here from the second tweet in the thread: data scientists are disgruntled about economists’ higher status:
https://twitter.com/benhanowell/status/1622973554370412546he has a point though. having a phd <> added business value, which is what matters for the company.
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There are a dozen threads with little data. Fake fake fake. Someone really wants economists to stay away from tech.
You can get a clue here from the second tweet in the thread: data scientists are disgruntled about economists’ higher status:
https://twitter.com/benhanowell/status/1622973554370412546he has a point though. having a phd <> added business value, which is what matters for the company.
My point is about spam on EJMR trying to scare economists away from tech
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not sure if this is relevant to Amazon but this is what Meta is doing, from today's Bloomberg:
Meta, which owns Facebook and Instagram, fired 13% of its workforce in November during its first major layoff. In the months since, staff have faced intense anxiety about the potential for future cuts, the people said. Meta Chief Executive Officer Mark Zuckerberg explained during the company’s earnings report this month that he still felt the organization was too slow-moving and bloated. He called 2023 the “Year of Efficiency” and vowed to cut middle-managers and underperforming projects.
The current round of job cuts will be more gradual, enacted on an individual basis, the people said.
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“Economics is so over.”
See
There are a dozen threads with little data. Fake fake fake. Someone really wants economists to stay away from tech.
You can get a clue here from the second tweet in the thread: data scientists are disgruntled about economists’ higher status:
https://twitter.com/benhanowell/status/1622973554370412546 -
R-trded data scientists used to learning from coursera and playing with kiddie datasets are worried about adults showing up and putting them of business
data scientists are way more technically skilled than economists. they have much better coding skills and practical business sense, whereas all economists can do is regurgitate theoretical concepts that do not matter.
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R-trded data scientists used to learning from coursera and playing with kiddie datasets are worried about adults showing up and putting them of business
data scientists are way more technically skilled than economists. they have much better coding skills and practical business sense, whereas all economists can do is regurgitate theoretical concepts that do not matter.
Okay, let’s see what Amazon and Meta feel about this claim, watch out
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R-trded data scientists used to learning from coursera and playing with kiddie datasets are worried about adults showing up and putting them of business
data scientists are way more technically skilled than economists. they have much better coding skills and practical business sense, whereas all economists can do is regurgitate theoretical concepts that do not matter.
Read EPS for stories of data scientists failing to see see the forest for the trees. They lack rigorous statistical analysis skills, lack maturity regarding the scientific method and experimental design. They’re great at sorting a billion cat pictures though.
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I’m not even mentioning questions of ethics which will become more common.
If social media companies had more social scientists who could reason about ethics and politics, and fewer data science and programming monkeys, they’d have been less woke and hurt themselves less
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R-trded data scientists used to learning from coursera and playing with kiddie datasets are worried about adults showing up and putting them of business
data scientists are way more technically skilled than economists. they have much better coding skills and practical business sense, whereas all economists can do is regurgitate theoretical concepts that do not matter.
Read EPS for stories of data scientists failing to see see the forest for the trees. They lack rigorous statistical analysis skills, lack maturity regarding the scientific method and experimental design. They’re great at sorting a billion cat pictures though.
there are just as many if not more economists who fit that description. all econ phd training does is provide knowledge about archaic models that aren't used anymore or automated to begin with. a smart undergrad can learn everything about modeling and experimental design etc on their own. also, econ research is mostly just applying pre-existing research to new geographies or different time periods. many of these insights are not actionable. actually the only people who really have a leg up over data scientists are stats phds, but only if they prioritize domain knowledge. economists unfortunately do not provide much added value.