Poor Penny

Here’s how we start fixing the massive wealth gap in the U.S. with 1 simple law: After you reach a $1B net-worth, you are no longer allowed to borrow against your assets to live. Simple and elegant. No more “buy, borrow, die” loophole where oligarchs borrow against their assets to buy shiny new toys but never pay a cent in taxes, all because they never triggered a taxable event their entire life. Oh you want to buy a new mega yacht? No problem. Just cash out some of your stock. Uncle Sam taxes you, you get what you want, and you help the country and people that made it all possible.

@MikeDrucker I can’t wait for AI to start replacing executives.

It’s wild how booing AI has completely broken some commencement speakers. They’ve gone from, “You can do anything if you put your mind to it” to “Shut up and eat shit, fuckers. Being here is supposed to make ME feel good, not you.”

@OOCgifs_ Me dying because my leg is bleeding profusely and needing a torniquete ASAP. Zoomer doctor: “ChatGPT, why does this person’s leg hurt?” 🪦

y’all better start eating healthy this is our future healthcare workers

@properazza @Grummz Couldn’t they just ban both of your accounts? I mean, I’m sure it’d be pretty easy for them to look you by your IP address or registered phone number if that’s shared across accounts. Just doesn’t seem to be that much safer.

@DearPoorPenny @Grummz The move is to have different google accounts for different things. The google drive i use to connect to infuse for apple tv for movies and tv shows is different to my main one that i use for gmail and youtube.

Google Drive scanned this Manga artist's PRIVATE files and banned him. AI flagged, appeal rejected, private artwork gone. The AI is always watching.

Applied for a cushy job, got to the final round, and I thought I nailed the interview and an offer was imminent. They were supposed to tell me wether it was a yes or no yesterday…

@10KrishGR @PeterSGreenberg @AmericanExpress Can you imagine having a layover for two hours and the people at the lounge entrance go: “I’m sorry, there’s a two hour waiting list to get in…”

@PeterSGreenberg @AmericanExpress This is true across credit cards and airlines too. At hub airports even with first class international tickets I’ve been told that I would need to wait an hour to get in lounges.

. @AmericanExpress if you can’t get into the lounge, what’s the point?

Airport lounges are not really worth it anymore. It’s super crowded every time, if you can even get in! I have a United CC that I’ve had for several years as my city has a hub, but I’ve decide not to renew it in Dec. Paying $95/yr per year isn’t worth it anymore for me. I could get a full year’s worth of Walmart+ for the same money.

@jeremybernier I mean, is it really surprising when a person like Mark Zuckerberg is the one that dictates the company’s direction?

Meta was easily the most toxic company I've worked for. There's a reason the Chinese call it "Squid Game". Others refer to it as "Hunger Games" or "Lord of the Flies". I think they're all accurate. The company culture is basically every man/woman for themselves. The performance review process (PSC) not only doesn't incentivize helping others, if anything it actually discourages it since everyone is stack ranked against each other. Imagine working on a team where every 6 months, one of you is going to get axed. Of course it's going to become toxic. "Bottoms up" culture is a complete farce - it's just a way for leadership to offload accountability. The Tech Leads (TLs) have all the power - owning the relationships and tribal knowledge to gatekeep projects to their buddies. Managers are "people managers" with limited technical understanding, who basically aggregate TL feedback and create performance review packets to calibrate with other managers and IC7+. The takeaway is that your destiny is in the hands of the TLs, and TLs unlike managers have no responsibility for your career. There are no repercussions for unethical behavior. I've seen managers and TLs throw others under the bus and get away with it. The only mission bonding the company together is individual self-preservation. Save your own ass to survive for another stock vesting, and throw someone else under the bus if you need to. That's why layoffs rarely impact directors/VPs or tenured IC7+ despite the fact that they're paid by far the most. Even this recent mass layoff that was supposed to "flatten" managers layers barely affected directors/VPs/IC7+, and fell predominantly on M1s - the lowest rung of the management chain. The culture is extremely performative and focused on box ticking and optics. Everything is about PSC (the performance review system) and perception. This means tons of meetings, useless AI slop posts, and top-down initiatives that don't benefit anyone but maybe help tick off the impact box of some go-getter at the top. Impact is not enough - it has to have sufficient complexity. So complexity is added for complexity's sake. The org I was in (Facebook ads) is 90% Chinese, and the entire leadership chain up to the VP level is Chinese. Mandarin is the primary language at the office, except in official meetings with non-speakers. Chinese work culture is very different from American work culture, with 996 (9am-9pm, 6 days/week), top-down nature, emphasis on saving face (eg. don't question your superiors), and toxicity being quite common. Naturally when an org is completely dominated by a single ethnicity that's notorious for not integrating, elements from their work culture seep in. Of the layoffs I witnessed in this org, 3/4 were not Chinese (just to be clear, most Chinese are very kind so don't take this as an attack. But it is a reality that I think most people outside this company are completely unaware of, and I question if leadership is even aware despite the fact that we're talking about the company HQ) I had the most toxic manager of my life here. I watched him deliberately set up a new hire to fail, driving them to needing to see a psychiatrist for anxiety + depression, and getting them fired. Then he suddenly disappeared for 8 months, before leaving the company. I could go on and on, but this is already pretty long and I think you get the point. Yes there are a lot of great, kind people here. I managed to transfer out of my first team into a new team with a great manager where everyone was very smart, supportive, and hardworking. But the company has its Squid Game reputation for a reason. Company culture comes from the top. It seems leadership is either too removed to notice, or maybe don't really care anymore because I guess they already made their billions and us plebs are expendable these days.

My entire career I followed the old mantra of “don’t burn bridges” and giving 2-weeks notice was ALWAYS the right decision… Now, I’m not so sure anymore. Maybe it’s time to normalize NOT giving a 2-week notice… Why should we after all? When I got laid off, nobody told me ahead of time so that I could start looking elsewhere.

THIS is why folks no longer want to give the job a 2 week notice before quitting

@DudeWhoInvests White Girl Summer getting cancelled 😭

WE ARE IN A WHITE GIRL DEPRESSION

@JohnLeFevre Gym, not even once. These ladies are still lazy slobs on the inside.

Now that they have Ozempic, they're admitting 'Big is Beautiful' was always a lie.

@laszlo000 @Grummz Honestly, a Proton subscription might be the best digital insurance against this exact type of scenario in the future. $12.99/mo. gives you access to their whole suite of apps apparently: - Mail - Drive - VPN - Calendar - Password Manager Not too shabby.

@Grummz That's why we should stick to tools that are private by default: Drive -> proton drive gdocs -> ddocs.new chrome -> brave

@TheAlphaThought He needs to keep working and increasing shareholder value.

35 years old and $1.9 million net worth. No wife. No kids. No debt. Spends $25k/year. Wants to sit at home a play video games all day. Do you think this person should walk away from their salary forever?

@SercanSalkir @PlanetOfMemes sorry 😂

@DearPoorPenny @PlanetOfMemes lol i almost spit out my coffee :D

How Meta announced its latest round of 1000s of layoffs.

@uncledoomer The only weight loss “journey” was her driving to the pharmacy to pick up her drugs.

every fat celebrity is on ozempic now and you are legally required to praise them and their "journey"

@ramit @tylerhuff Replaced one cage for another one.

This person will have over $46,000,000 at age 65 if they don't invest a single cent ever again (via @tylerhuff)

@eMTBrides Letting people record in gyms is one of the reasons I cancelled my membership this year and I know I’m not the only one. You’ve been warned gym owners.

When She Catches You Staring at the Gym (w/ Sammie Ray, Jade Coatsworth, Aubrey Reynolds, Bruce Gray, Bryce Stephens, Sarah Peters, Stephanie Peters, Steven Cochran Jr, Amanda Shawhan, Hailee Araya, Tony Gaeta, Justin Sherman) They complain about staring but they make videos so people watch. Hmmm. 🤨 You missed to include joey swoll to end the video with a clixmax 🤣 via Stevie Emerson

@Barchart Is the market correction in the room with us?

Warren Buffett is waiting for a bigger drop in stocks 🤯👀 He says March was nothing 👻📉