01/12/20

Tech Worker Unions

Further to the blog post I made the other day as it related to the tech worker union situation at Kickstarter and BuzzFeed, I had a couple of very informative emails from folks in the trenches and I’d like to expound on several things.

Kickstarter Union — Woke Or A Joke?

First, I stand by my assertion that the issue of tech worker unions is driven by the full employment economy we find ourselves in, but there are a myriad of other considerations. Here’s what I think is going on:

 1. No question that full employment is a driver. The power is shifting from employers to workers with full employment. We see this in the JOLTS report.

Thanks D Short and Advisor Perspectives. Thank you.

From a macro perspective — broader than just tech — we continue to have more job openings than we can fill (and we have filled a lot of jobs); we have a very flat number of layoffs and discharges, but the number of people quitting their jobs is rising and has been since 2010.

What this indicates is workers are quitting to take a better job. How do you define a better job — compensation, increased responsibility, better company, better working conditions, shorter commute?  Some of these these are things unions promise they can deliver.

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07/28/19

Tech, Taxes, Tariffs, Trade — And French Wine

France has imposed/threatened a “digital services tax” on the likes of Amazon, Apple, Facebook, and Google — all American companies.

The tax is 3% of gross revenues from digital services earned in France, but only for companies with more than 25MM Euros in French revenue and 750MM Euros in worldwide gross revenue. The tax money goes to France.

When you work through the math it puts a bullseye on Amazon, Apple, Facebook, and Google while giving a pass to many European companies who collectively are just as big as these digital behemoths. This is not an accident.

This tax was discussed for some time period, but its enactment caught a lot of folks by surprise. One who was not caught by surprise was President Donald J Trump.

President Trump had spoken to the French President Emmanuel Macron cautioning him that such a tax would be met with an American response.

Image result for images macron

President Trump, in his inimitable fashion said, “Don’t do it because if you do it, I’m going to tax your wine.” Macron blew him off. French wine is a huge industry.

The French Finance Minister, Bruno Le Maire, sniffing at the ruffian DJ Trump, suggested that taxes and tariffs were completely unrelated. Good luck with that, Bruno.

Taxes and tariffs are core elements of trade while technology, digital services are a critical element of American commerce.

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05/23/19

Hot Tech Times in Austin By God Texas

Austin. When you hear that word, you want to be here. You want Barton Springs, the music scene, the Texas Longhorns, the food scene, the local beers, breakfast tacos, and you want the high tech scene.

Here it is. Barton Springs, at 68F, is natural air conditioning on the hottest day in Austin.

Main Barton Spring (“Parthhena, the “mother spring”) — the 4th largest spring in Texas — and its sisters generate more than 32MM cubic feet per day of Edwards Aquifer water. Highest flow rate ever recorded was 85MM CFS during the infamous 1991 floods. In times of drought, the flow rate may be lower. All water from the Edwards is rain water.

Image result for images barton springs austin

While Barton Springs is cold and refreshing, while the Austin tech scene is hot and exciting. The following chart is the work of crunchbase news and its Austin author, Mary Ann Azevedo. She writes about Austin and lives in Austin.

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09/17/18

Diversity in Tech

Big Red Car here on a lovely, sunny, mild Texas day. Ahhh, on Earth as it is in Texas.

So, the tech world loves the word “diversity.” Diversity is the inclusion in a community of individuals representing multiple viewpoints based on gender, ethnicity, national origin, age, sexual orientation, religion, socioeconomic status, politics, and philosophy. Whew! [There may be more. I didn’t mention pets. There is a world of tension between cat people and dog people. I will ignore that for now.]

The tech world has done a good job of “talking the talk” as it relates to gender, sexual orientation, and ethnicity/national origin. This is the self-congratulatory view of tech when they get to hold the mirror up to themselves.

Much of what tech applauds itself for is very much a work in progress. On the issue of gender, as an example, there are still VC firms which have a single female partner who has been there for half an hour. One of my pet peeves is the VC firm who preaches diversity, virtue signals its wholesale support, and who has not a single woman in its partners pic. Come on. Stop being such hypocrites.

Some would say that tech has failed miserably embracing diversity amongst age, religion, politics, and philosophy. God, they are like a gulag when it comes to age discrimination. The old folks are sent to Siberia.

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