currently depends on having a working-age population that is large enough to support the non-working population
This is only a problem if production does not increase dramatically, as it has for the last century. The reason it feels like there are insufficient working people is because parasites siphon from the resource distribution between more and more productive workers and their non working counterparts
In addition to the excellent hotel analogy, they had a specific conceptual and technical problem, say, how to mix flour evenly into water when thickening a sauce. The challenge was to make a roux and show the steps I used to evenly mix the flour.
It was a realreal medium sized start up ;-)
I did one where I went through a few rounds of interviews, technical and otherwise. In talking with the developers, they mentioned that they were trying to integrate a certain client side framework into their backend frameworks build process, without success. Get to the final stages, and the director of engineering asks me to work on this take home project to, you guessed in, integrate the js framework into the build process of the backend framework.
I sent them a strongly worded rejection email. It was a realreal eye opening experience.
Ridiculous take home tests are probably the number one reason I decline to continue interview processes. If you think that building a client, an API, wiring it up to some other third party API, then deploying is a reasonable scope for an unpaid interview challenge then you are very bad at scoping software projects and the most important thing I can do for you is tell you as much.
I told one start up if I built what they asked for in the interview, I would pursue funding from their investors and launch it as a competitor- it was that similar to what their actual app did.
Confidence is indistinguishable from correctness if you lack competence and experience. Now in addition to the competent and experienced having to interpret the requirements and do the work, they must also sift through half baked AI solutions.
This goes back to around 2000. Snake hunting in the Everglades middle of the night, my friend and I saw a black panther. I know, I know, impossible, Florida doesn't have them etc etc etc. we both saw it clear as in a zoo in the floodlights of his truck. 100% big cat, 100% black.
Id go so far as to say SaaS in general. Small startups are paying $5000/month to send emails and we've come to the point where inboxes are monopolized and if you don't pay up to a cloud provider your emails end up in spam.
Take this and repeat for everything. Monopolize, ratchet up the costs, profit.
Put a yard sign up that says "future home of thousand wags dangerous animal shelter and child sex offender rehabilitation facility"
Delinquent accounts without payment can be removed from your credit report by disputing with the credit bureau, with the exception of FEDERAL student loans. Filing for bankruptcy and having that on your record for seven more years seems like the worst possible way to deal with it.
Edit: in the USA
False. New debt collectors purchasing the debt does not reset the clock. Also depending on your state, debt collectors could be barred from legal action well before 7 years.
Edit: in the USA
I hate dish towels hanging on kitchen drawers. Do people just like picking up the towel every time you need a fork?