Hey, look at this novel idea for reducing carbon emissions! Gee whiz, I wish we'd thought of that!
EDIT: It's been pointed out that not everybody has seen this yet. It's from the City's month-long sustainability challenge which just started last week.
Hello,
I am a PCS employee and been with city about 2 years.
It is my first baby and i am just about to start my 2nd trimester and it should be the time to tell my supervisor and manager.
All city position is now freezing and every team is on vacancy. I feel bad to take a long maternity leave.
How does maternity leave work here? Should I exhaust all my pto and sick time before taking it? Looks like I can take SDI for 10 weeks (4 weeks before due and 6 weeks after) but I cannot take more than 16 weeks for city paid parental leave?
Is that possible I can take part time work( 20 hours a week) to use my 16 weeks parental leave instead of taking the full 4 months? So that I can take care of work and baby the same time.
Any chance I can get more telework days during or after pregancy? Looks like it is hard.
Any moms recently taking maternity leave can give suggestions! Thank you all!
After years of applying, gaining valuable experience, placing, seeing the mulitude of certification emails, I was invited to an in person interview and was offered the job as an Employment Training Specialist III with HSA. Super excited to get started! The people who worked where I interviewed seemed super nice and intelligent, and I love helping people find work.
Anything I need to know about this job, department, advancement, training period? I've been keeping tabs on the Union stuff going on the past few weeks.
What am I walking into?
My partner and I are considering moving to another country but I would like to take a few trial months living in said other country before giving up my PCS position for good. My partner already works fully remote so he has a lot more flexibility than I do. I’m mentally prepared to give up my job to move abroad but if I could do a few months to see if this is really the right move for us before giving up my job security and pension, that would be ideal.
On the SFDHR website I read that: “Unpaid personal leave may be approved for an employee. Personal leave may be approved for a period of up to twelve (12) months within any two (2) year period.”
But that seems pretty general. Can you take unpaid personal leave for pretty much anything? How hard is it to get that approved?
Hi all.
Quick question for you I want to enroll with UCSF medical, but it’s my first time using Blue Shield. How can I select my primary care doctor at UCSF mission Bay. I’ve had Kaiser for quite some time so I don’t know the process. Any insight would be great and apologies for the typos.
I was watching this video, and you really only need to listen to 58:52 - 1:03:40 to hear the relevant part:
https://www.youtube.com/watch?v=es4FfRU8saQ&t=3532s
>“… the increasingly complex financial structures that are being used to finance this [AI data center] buildout... and understand you'll hear things like creative financing, circular finance, roundtripping, financial innovation. This is all just Wall Street speak for subprime lending, right. It's a fancy new word salad for the same shit that has caused so many problems before.
>And there have been three stories in particular, just over these last few days, that all feed together into all the hoops that these guys are jumping through to keep the money flowing. It's important for people to realize in a lot of cases it is their money, whether you're in favor of AI, you love AI, or you're a protester at one of these meetings, you don't want a data center in your town. It's probably your retirement that's being funneled into this stuff.
>The first one was this morning, Amazon came out with this story that they want to get these GPUs off their balance sheets…. Amazon is going to create a Special Purpose Vehicle, otherwise known as a shell company. They're going to create a new company. That new company is going to borrow $8 billion. With that $8 billion, they're going to buy the chips from Amazon. Amazon is then going to rent their own chips right back from them in what's known as a sale-leaseback agreement. And it's very important you understand a sale-leaseback agreement is one of the oldest tricks in the private equity playbook. It's how private equity firms loot companies, bleed them dry. They played a huge role in the bankruptcy of Red Lobster, Joanne's Fabrics, Hooters, Saks 5th Avenue. A sale-leaseback agreement, they just bleed companies dry. In this case, I don't think they're bleeding Amazon dry. I think this is Amazon bleeding the debt investors dry. And they need to get these chips off their books so that they don't have to incur the depreciation expense of those chips once they plug them in. Now, the problem is the people raising the debt for that shell company, the people who are loaning them the money, they want guarantees that, if Amazon doesn't rent those chips, that they can still get their money back. The problem is we're talking about computer equipment, highly complex, top-of-the-line computer equipment, and there’s serious questions about how long this stuff holds its value.
>And so this other story broke just a few days ago that NVIDIA is holding talks with insurance companies. And the insurance companies would… supposedly what they're doing is they would… and I quote, ‘syndicate the risk to hedge funds and alternative investors’ … and alternative investors is very important because that's your pension, that's your 401k, that's your IRA, alternative investors are grandma's annuity even. ‘Syndicate the risk.’ Why would they have to syndicate the risk? That means spread it out, socialize the losses? And then, in that same article that was in the Financial Times on the (Sep) 29th, they said the size of some of these transactions could exceed the balance sheet capacity of the individual insurers. These deals are bigger than the insurance companies that are supposed to be insuring them. And so the only way to do it is to get all the insurance companies together and syndicate the risk.
>And then Reuters today, NVIDIA’s having a hard time convincing Wall Street to accept the useful life that they're pushing on these chips. NVIDIA’s out there saying Blackwells are going to last for 10 years, they'll be cashflow in 10 years from now. Well, most of Wall Street uses a 4-year depreciable lifespan of this equipment. Some are pushing it to five or six, but common practice is three to four years. NVIDIA’s saying, ‘no, for 10 years, we'll be able to make money on this stuff.’
>And so, you know, look at the end of the day, who owns the GPUs? Everybody's like, ‘oh, the hyper scalers are buying so much compute and GPUs’ … It's you…who owns this shit. It's being parked in your life insurance policy, your pension, your 401k; and they're using this series of circular deals, complex transactions that have a reputation for very high rates of bankruptcy and failure in order to finance this and to hide the fact that the actual risk isn't being taken by the people making billions off of this. The actual risk is being borne by the average retail investor. And that is so important for people to understand that this is going on. And that's just a story that broke in the last three or four days. That's not even some of the other more crazy things.”
Referenced articles:
"Amazon seeks to offload $8bn of Nvidia chips to investors"
"Nvidia turns to insurers to spread the risk of AI build-out"
Seems like we need to see what the SFERS investment team is investing in around this, and pressure them to stay out of some of these "special investment vehicles."
Curious to hear others thoughts on this.
