Anybody here worried about their job?
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As for prescription drugs it is a complicated issue. Drug companies charge Americans many times the cost producing of a drug so that they can use it for future research which is very expensive. It costs 100s of millions or more to research, develop and market a single drug and many drugs are found to be ineffective and don't recoup any of the cost of development. Drug companies hold exclusive rights to sell a new drug for a few years. During that time they charge several hundred times what it cost to produce the drugs to make up for cost of research of that and other drugs. After that time expires other companies are given the right to produce the same drug and they generally do so and sell it at a much reduced cost. I think the reason why this comes up is there has been discussion for some time about legislation to reduce what the companies are charging for these drugs because the cost is very hard on the older population and people with serious illness. John
Yeah, Pharmacy is top heavy on R&D. If we want miracle drugs in the future it must stay this way. There are other ways that the industry could be organised, but the pure capitalist approach seems to give the best results. You hear of people for example complaining about the cost of AIDS medications. But if it wasn't for the risky R&D investments of the past, those medications would not even exist. Regardz Colin J Davies
*** WARNING *
This could be addictive
**The minion's version of "Catch :bob: "It's a real shame that people as stupid as you can work out how to use a computer. said by Christian Graus in the Soapbox
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Yeah, Pharmacy is top heavy on R&D. If we want miracle drugs in the future it must stay this way. There are other ways that the industry could be organised, but the pure capitalist approach seems to give the best results. You hear of people for example complaining about the cost of AIDS medications. But if it wasn't for the risky R&D investments of the past, those medications would not even exist. Regardz Colin J Davies
*** WARNING *
This could be addictive
**The minion's version of "Catch :bob: "It's a real shame that people as stupid as you can work out how to use a computer. said by Christian Graus in the Soapbox
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Even if only the richest people can get these drugs and be cured?
New, what do you own the world? How do you own disorder?
KaЯl wrote: Even if only the richest people can get these drugs and be cured? Unfortunately I believe that is the case. Drug companies do not decide that because they spent X million dollars on R&D for a product, how much they will manufacture it for. They calculate the cost of production with inelastic supply and elastic demand to claculate what is the greatest revenue they can create for a particular drug. The revenue from this principally goes to paying investors and continued R&D support. Since we don't want another Thalidomide type disaster R&D projects now probably cost 20 times as much as it would without those concerns. It might take only two years two develop a medicine, however it will take 5 yrs to get authorisation to test it and another 3 yrs to actually test it. Now if the drug company is using patents, they only have a few years to reap the rewards from the new product, before generic manufacturers enter the market. Streamlining the beauracracy in drug testing and approval so less lawyers are involved would probably be the one thing that would slash drug prices to threads quickly. KaЯl wrote: Even if only the richest people can get these drugs and be cured? Only a small fraction of the worlds population can afford to purchase Windows as well. If MS dropped the price of Windows and spend less on R&D, we would have a far more buggy OS, and no LongHorn in the future. Regardz Colin J Davies
*** WARNING *
This could be addictive
**The minion's version of "Catch :bob: "It's a real shame that people as stupid as you can work out how to use a computer. said by Christian Graus in the Soapbox
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I'm a C# programmer. I work for a small company doing web applications for a user base of about 4000. I love what I do, and it took me a good long time to learn this craft. I have much more to learn. But I can't help but feel I'm wasting time. I'm in my 30's, and if this career is going to die, then I should probably be trying to figure out another career. But what? Is death of IT inevitable? Am I worrying needlessly? What are you guys doing to hedge against collapse of IT as a career option here in the US? :confused: Thanks for listening. I look forward to your replies.
My take is that while traditional "Computer Programmers" are becoming devalued, "Software Engineers" are not. Branch into the less code-intensive parts of the software lifecycle, get a degree(important), and I think you'll end up much better in the long run. Jeremy Kimball
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KaЯl wrote: Even if only the richest people can get these drugs and be cured? Unfortunately I believe that is the case. Drug companies do not decide that because they spent X million dollars on R&D for a product, how much they will manufacture it for. They calculate the cost of production with inelastic supply and elastic demand to claculate what is the greatest revenue they can create for a particular drug. The revenue from this principally goes to paying investors and continued R&D support. Since we don't want another Thalidomide type disaster R&D projects now probably cost 20 times as much as it would without those concerns. It might take only two years two develop a medicine, however it will take 5 yrs to get authorisation to test it and another 3 yrs to actually test it. Now if the drug company is using patents, they only have a few years to reap the rewards from the new product, before generic manufacturers enter the market. Streamlining the beauracracy in drug testing and approval so less lawyers are involved would probably be the one thing that would slash drug prices to threads quickly. KaЯl wrote: Even if only the richest people can get these drugs and be cured? Only a small fraction of the worlds population can afford to purchase Windows as well. If MS dropped the price of Windows and spend less on R&D, we would have a far more buggy OS, and no LongHorn in the future. Regardz Colin J Davies
*** WARNING *
This could be addictive
**The minion's version of "Catch :bob: "It's a real shame that people as stupid as you can work out how to use a computer. said by Christian Graus in the Soapbox
I can undertand drugs industries protect their researchs from competitors, but what about the people who aren't able to pay, with or without alternative producers? Isn't the right to live the first of the human rights? ColinDavies wrote: Only a small fraction of the worlds population can afford to purchase Windows as well. First, you can live without Windows, and next, there are free alternatives.
Silence Means Death Stand On Your Feet Inner Fear Your Worst Enemy
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I'm a C# programmer. I work for a small company doing web applications for a user base of about 4000. I love what I do, and it took me a good long time to learn this craft. I have much more to learn. But I can't help but feel I'm wasting time. I'm in my 30's, and if this career is going to die, then I should probably be trying to figure out another career. But what? Is death of IT inevitable? Am I worrying needlessly? What are you guys doing to hedge against collapse of IT as a career option here in the US? :confused: Thanks for listening. I look forward to your replies.
If you plan on working for another human and allowing them to dole out to you money as they see fit, then I would think about the emerging fields of science and become an expert in one of those fields. Rather than getting further C++ certification or whatever, learn all you can about Genetics (or wave-field theory, or something), then invest in some software that is seen as a top tool for that scientific field and learn how to combine your new knowledge in that field with using that tool combined with your C++ skills to create new apps in that industry. Some current hot topics are natural language processing of the NIH's Pub-Med database, applying chaos theory to genetics, etc. etc. Becoming a well trained domain expert can help snag a high-paying niche job while all of the generic jobs are either being outsourced or transferred to administrative-assistent status (like "webmaster" - more and more companies are taking the obvious step of making their secretaries go to HTML classes and making them the webmaster - a job that used to be in the domain of the gurus).
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I'm a C# programmer. I work for a small company doing web applications for a user base of about 4000. I love what I do, and it took me a good long time to learn this craft. I have much more to learn. But I can't help but feel I'm wasting time. I'm in my 30's, and if this career is going to die, then I should probably be trying to figure out another career. But what? Is death of IT inevitable? Am I worrying needlessly? What are you guys doing to hedge against collapse of IT as a career option here in the US? :confused: Thanks for listening. I look forward to your replies.
sharkfish wrote: What are you guys doing to hedge against collapse of IT There is one area of IT that will never go away, nor will it ever become outsourced(in the context of off-shore). Most people despise it. Nobody likes doing it. It's called, maintenance. And I love it. Every other day I get a call from a bank, and they say can you please come and change our software. And at a $175 per hour, I happily go and do 'bank' calls. It's not sexy, it's not cool, it's never even going to make an article here at CP. But it pays the bills and as long as the banks keep the computers plugged in and turned on, I've got a job. Chris Meech If you spin a Chinese person around, do they become dis-oriented? Why do people in this time period worry so much about time traveler's destroying their worldline when they have no problem doing it themselves every day? John Titor.
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I can undertand drugs industries protect their researchs from competitors, but what about the people who aren't able to pay, with or without alternative producers? Isn't the right to live the first of the human rights? ColinDavies wrote: Only a small fraction of the worlds population can afford to purchase Windows as well. First, you can live without Windows, and next, there are free alternatives.
Silence Means Death Stand On Your Feet Inner Fear Your Worst Enemy
KaЯl wrote: Isn't the right to live the first of the human rights? But such things could be taken care of by the state. To what extend that's practical...depends on your state's attitude, economy etc. Smitha You are never given a wish without also being given the power to make it true. You may have to work for it, however. -- Richard Bach
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I'm a C# programmer. I work for a small company doing web applications for a user base of about 4000. I love what I do, and it took me a good long time to learn this craft. I have much more to learn. But I can't help but feel I'm wasting time. I'm in my 30's, and if this career is going to die, then I should probably be trying to figure out another career. But what? Is death of IT inevitable? Am I worrying needlessly? What are you guys doing to hedge against collapse of IT as a career option here in the US? :confused: Thanks for listening. I look forward to your replies.
Thank you ALL for your perspectives. Your posts have been more valuable than any I have read on any other site/forum. I am in this for the long haul, but the worry eats at me because of my own issues/insecurities. I am convinced that there are more IT folks in the US that will be bounced out of the field because they haven't increased their value/specialization. The best suggestion, by far, is to find a vertical application (someone here mentioned genetics,etc.) and learn how to code for it. My belief is that this is the only way to stick around, along with other specialty niches like the poster that says he does neglected maintenance work on older systems. What I would really like to do is build my own software and sell it. It will be more and more difficult to do this and I simply don't want to have to get out there and sell. But the reality of being a woman and aging will set in (how many over 40, female programmers do you know of), so I need to start saving my money and building my product soon before I get bounced out. Cheers. I hope to be doing this work when I'm 90, God willing.
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sharkfish wrote: But I can't help but feel I'm wasting time. I'm in my 30's, and if this career is going to die, then I should probably be trying to figure out another career. What MBTI personality[^] are you? Just go down this list until your master one and then move to the next:-D http://www.intp.org/job.html[^] Later, JoeSox
"I don't question, our existence I just question, our modern needs" - Pearl Jam Garden www.joeswammi.com www.humanaiproject.org -
As far as my position goes, I'm not terribly worried. My company could outsource overseas, but they'd be stupid to think that they can just drop someone into my position and get a return on their investment. I bring a lot of creativity to my job (I do a lot of UI work), and find ways to make things attractive and easy for the users. (Read: Customers are more likely to be impressed and buy the product. They also enjoy using the product.) My company knows that you can't just grab any old developer, put them into that position, and get good work in that area. So, even if they saved $40,000 a year on outsourcing my position, there's simply no doubt that it would cost them a lot more than that in the long run. The lesson here is: find a way to make yourself essential. That doesn't mean doing something sneaky so your boss can't get rid of you. It means producing something of value that can't be easily replicated. Some developers are "generic" and can be replaced. Others bring more to their job than can be easily outsourced. Remember: John Carmack will never have his job outsourced - there's a reason for that. None of that protects me if the company goes under, however. I'm sure I could get some good references, though. Second, live below your means. Personally, I dislike being in debt, so I have an added incentive to pay it off early. I push lots of money into my retirement (which I'd rather not touch, but if I really needed it, I could take the tax penalties and pull it out). I'm also six months ahead of schedule on my car payments, which would give me some breathing room if I suddenly lost my job. ------------------------------------------ The ousted but stubbornly non-dead leader reportedly released an audiotape this weekend, ending by calling on Iraqis to, quote, "resist the occupation in any way you can, from writing on walls, to boycotting, to demonstrating and taking up arms." adding, "you know, pretty much anything I used to kill you for." - The Daily Show
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Firstly I don't currently have a job so I'm not worried about it per se. But I am looking for a job. I'm pretty much decided that I don't want to go back into the IT world. I don't want to be a sysadmin. I don't want to write code because I must - I'd rather write it because I want to write it. I particularly don't want to have to wear a suit and tie to satisfy some power freaks control agenda (unless I'm dealing with other suits)* So what am I looking for? The idea of working at the local video library is strangely appealing. At age 49 I accept that my highest earning years are probably already behind me and, frankly, I won't miss them. * the trick with dealing with suits is to picture them naked (yeah I know it's a horrible image but bear with me). Go to any reasonably busy city centre and sit in the lobby of an office building during lunch hour and then swear with a straight face that ANY of the suits impressed you. Monkeys with expensive coiffure, mobile phones and paunches - ye gods the paunches!! Rob Manderson http://www.mindprobes.net You have an eight-ball and Tommy wants to buy two grams. You bought the eight-ball with a quarter-bag of grass, two reds, a six-pack of Old Milwaukie, and $4 in change. You want a profit margin of 35%. How much hash should you get from Tommy for your blow? - Roger Wright
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KaЯl wrote: Isn't the right to live the first of the human rights? But such things could be taken care of by the state. To what extend that's practical...depends on your state's attitude, economy etc. Smitha You are never given a wish without also being given the power to make it true. You may have to work for it, however. -- Richard Bach
Another big debate :) If the state pays for the poors, it's indeed a kind of sponsoring, a way to give subsidies to private industries. And what about all the countries who can't afford that (I'm thinking of Third World countries confronted to AIDS) ?
Silence Means Death Stand On Your Feet Inner Fear Your Worst Enemy
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Ah, Cat Stevens... Moonshadow. He decided at some point to get off the Star Machine and become a monk. What a loss to music; I can only hope that it was a gain for spirituality. Sad Lisa, Wild World.... I miss him so...:sigh: "Your village called -
They're missing their idiot."I saw a TV special about him, just in the last year. It was quite interesting that *he* got picked to be interviewed for an hour on TV so that the masses could learn about Islam. Way back in the 70's he converted to Islam and literally gave up everything and has devoted his life to Islam and the teachings of the religion. It was only in the last five years or so that he decided to return to music, but only because he could use the proceeds to advance the cause of Islam. IIRC, he nows runs an Islamic school for children somewhere in England. Talk about your mid-life crisis and switching career paths. :omg: Chris Meech If you spin a Chinese person around, do they become dis-oriented? Why do people in this time period worry so much about time traveler's destroying their worldline when they have no problem doing it themselves every day? John Titor.