Requirements engineering still applies to senior engineers. You are given a problem and you need to work out the requirements and the path to completion.
But for staff engineers, they need to to discover the scope themselves. That's where "inventing" coming from. Not saying inventing is a good word here, but requirement alone is not enough for staff level's work
"Requirements Engineering", "Writing Code", "Writing Documentation" are all areas of work that are independent of seniority in my point of view.
I might send a junior to a well-meaning customer that already knows exactly what their requirements are to just document them and learn the process. Or I might require a principal engineer for the requirements engineering of: We need a new programming language. Let's figure out the requirements for it and what abstraction level is actually feasible for the target hardware platform.
Same for writing code: A junior might write code, a staff engineer might write code. Just likely on very different levels.
If an engineer comes to a manager and asks for budget for work they invented, I'd expect the answer to be something along the lines: "That is nice, but can we please focus on the stuff we are required to do?" That alone would be reason enough for be not to put ideas that way, but to come up with a requirement why it makes sense to do the work.
You are not talking about the expectations in terms of the corporate levels. Staff and senior have clear definitions in tech companies. A staff(l6) is the team lead who is required to find the scope for himself and team. That's in his job description. If he can't do that he would get pipped or fired.
A senior(l5) is the tech lead on the project level. He is not in charge of handling the team's scope. As long as he handled his own projects well, he would usually pass the review cycle. The difference is crucial. At staff and above, the engineer's responsibility is vastly larger than a senior's.
I am not saying a senior can't do a staff's job - that's how he get promoted once he demonstrated that he is operating at a staff level, i.e "inventing" scope for his team. But a senior's scope is much smaller than a staff's.
This applies to almost all US medium to large tech companies
There is also insane amount of debt from ai related investment. China's free model is crushing the ai margins while these companies need to pay their debt and obligations. The debt bomb clock is ticking.
> and it does not require anything close to that to maintain their network.
If it's so easy to disrupt visa/mastercard payment network, they wouldn't be able to charge this much. Payment is a highly competitive business. We witnessed so many payment companies went under or were bought out, but these two stay for years and are still profitable.
The truth is their moat is considered very durable and hard to build. A global n banks to n banks payment network is not as simple as how people thought.
Visa and Mastercard do not own the internet cables or the wavelengths. Anybody is free to compete, and that's why they have many competitors. It is very common for businesses to accept a variety of unrelated payment methods. There is no monopoly here.
In my experience it's kinda different. The serious issue that raised by higher up usually means more scope, visibility, bonuses and potential bonuses. Teams usually fights to get the important issues(whichever the higher thinks that's important) as their team's work. The drawback is that it's very possible that multiple teams are fighting for the same pie and resulting in duplicated work.
In the end if there are enough incentives(usually money) people would work on those.
Exactly. 38% is way too high. Are we sure about that? Statistics is not some required learning in school. Even those who learned (me for example) cannot confidently claim what it actually means. I would say most of the people don't have a clue what statistics mean
Here in Norway, statistics has been introduced in 9th and 10th grade (15 and 16 year olds). Here[1] is what a 9th grader is supposed to know at the end of the school year. Some key points translated to English:
- Interpret and critically evaluate statistical representations from the media and the local community.
- Calculate measures of central tendency and measures of dispersion in custom and real datasets, and use the results to describe the data.
- Calculate and evaluate probability in statistics and games.
This came after my time, and our PIRSA score aren't the best so perhaps practice is lacking.
We are just as bad or worse with charts. I don’t know whether finding Tufte when I was still relatively young saved or harmed my sanity. Maybe both. Everyone’s charts are awful, including at least half of mine, and I was trying to be objective. Many people are just trying to prove a theory they had before the chart was made.
Not exactly an issue though. Because the following Dynasty Zhou was portrayed as a protagonist, which rebelled against Shang and abolished human sacrifice and established the right Chinese civilization. And all the following dynasties are claiming that Zhou was the good old days and they are following Zhou's tradition.
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