> The 1.3 million layoffs represents represent only about 0.9% of the 152 million employed during the period
Yes, and as I noted all tech jobs are around 20% of the economy if we are generous and include tech manufacturing and services. Can tech stop navel-gazing for a minute?
> American workers are earning just 12 cents more now than in the 1970s, when adjusted for inflation, per CNBC. - @unusual_whales
Yeah dude, that's how inflation adjusted numbers work. The 12 cents is probably a rounding error. That said, the purchasing power of those wages tells a more interesting story.
> Twitter is going to blow up, Mastodon will replace it
BOGUS.. Twitter was broken in a lot of ways long before Elon bought it. A crudely cobbling together a "webring" of federated microblogs isn't going to fix it, or replace it. It's not accessible enough for the remaining 98% of the population to get on board.
FUN FACT: Gen Z was never on Twitter. They prefer YouTube, Twitch, Discord, Instagram and the much maligned TikTok. Platform growth comes from the youth.
PREDICTION :: Mastodon will become a home for aging Gen X and Millennial techies to reminisce about "the good old days" which weren't really that good, we've just glossed over all the horrible things that were a part of the early Internet. (and to attempt to right the wrongs)
That said, I'm on Mastodon.. reminiscing about the past. (https://indieweb.social/@brianwaustin)
Postscript - World.Hey.com is still my home, you can always find the latest longform content here.