Why Corporate America Still Runs on Ancient Software That Breaks
Odd Lots26 Tammi 2023

Why Corporate America Still Runs on Ancient Software That Breaks

Southwest Airlines had a disastrous holiday season, thanks in part to a software bug that left crews out of place and grounded thousands of flights. But Southwest isn't alone in having software in the headlines lately. The New York Stock Exchange recently had a software error that caused weird pricing on stocks and the FAA had its own computer issue that grounded planes earlier this month. So what's the deal with corporate software? Why do these crashes happen? And why does the user experience typically leave something to be desired? On this episode of the podcast we speak with Patrick McKenzie, an expert on engineering and infrastructure, who writes the Bits About Money newsletter and recently left payments company Stripe after six years. We talked about the challenges of keeping any software system alive after years of upgrades and updates, the distribution of tech talent across industries, and whether non-tech companies can close the gap with Silicon Valley.

See omnystudio.com/listener for privacy information.

Jaksot(1188)

The Millennial Generation Is Stagnant And Older People Are Part

The Millennial Generation Is Stagnant And Older People Are Part

In developed economies, younger generations have faced stagnant wages, mediocre employment prospects and dizzying costs of homeownership. One culprit: The generations that came before. Policies that h...

22 Elo 201626min

41: Billionaires Help Tell the Story of Brazil's Boom and Bust

41: Billionaires Help Tell the Story of Brazil's Boom and Bust

The 2016 Summer Olympics in Rio de Janeiro have been tainted by protests, economic slowdown, and a massive political scandal. In this episode we take a look at Brazil's boom and bust as told through t...

15 Elo 201631min

40: Why Summer Has Just Gone on Sale

40: Why Summer Has Just Gone on Sale

This week is the summer edition of Odd Lots and we're talking about the market forces shaping the price of two essential ingredients for any pool party: inflatable toys and barbecue meat. Bloomberg Re...

8 Elo 201620min

39: The Insurance Market for Modern-Day Pirates

39: The Insurance Market for Modern-Day Pirates

This week Odd Lots takes to the high seas to discuss how modern-day pirates in the form of illegal fishers are able to take out insurance policies on their blacklisted boats. We speak with Dana Miller...

29 Heinä 201621min

38: The Fed Made a Massive Mistake Letting Lehman Go

38: The Fed Made a Massive Mistake Letting Lehman Go

There's nothing better than financial crisis hindsight and earlier this month we got a big dose of it in the form of a 218-page paper by Laurence Ball, Department of Economics Chair at Johns Hopkins. ...

25 Heinä 201626min

37: Why We Are Increasingly Divided Into Ideological Bubbles

37: Why We Are Increasingly Divided Into Ideological Bubbles

The result of the U.K.'s Brexit referendum blindsided many and led to acrimonious accusations by supporters on either side of the vote. In the U.S., the rapid rise of Donald Trump and Bernie Sanders a...

18 Heinä 201623min

36: How A Quant Saw Huge Changes That Took Place on Wall Street

36: How A Quant Saw Huge Changes That Took Place on Wall Street

Emanuel Derman was one of the pioneers of quantitative finance, having gone from studying physics to working on Wall Street in 1985. His memoir, My Life as a Quant, is a must-read book that tracks the...

11 Heinä 201629min

36: How A Quant Saw Huge Changes That Took Place on Wall Street

36: How A Quant Saw Huge Changes That Took Place on Wall Street

Emanuel Derman was one of the pioneers of quantitative finance, having gone from studying physics to working on Wall Street in 1985. His memoir, My Life as a Quant, is a must-read book that tracks the...

11 Heinä 201629min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
mimmit-sijoittaa
rss-rahapodi
psykopodiaa-podcast
hyva-paha-johtaminen
ostan-asuntoja-podcast
rss-rahamania
rss-sami-miettinen-neuvottelija
rss-lahtijat
rss-rentotapaus
kultaiset-hoitajat
rss-startup-ministerio
rss-seuraava-potilas
herrasmieshakkerit
rss-strategian-seurassa
asuntoasiaa-paivakirjat
rss-h-asselmoilanen
rss-tyoelamasta-podcast
rss-vaikuttavan-opettajan-vierella
rss-set-for-life-sijoita-ja-vaurastu