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A.I. researchers are making more than $1M, even at a nonprofit

nytimes.com

131–140 of 176 posts

Re: A.I. researchers are making more than $1M, even at a nonprofit

#131
post #86

Earlier quoted context omitted.

Did i read that right? 120mils a year?!!!

https://www.cnbc.com/2017/04/03/waymos-uber-lawsuit-reveals-...

Saying he earned $120 MM a year when really that was a payout after multiple years of hitting agreed upon milestones - that's sort of like saying everybody makes millions a year at a company that just IPOed. He obviously made a lot of money, but you're exaggerating by almost an order of magnitude.

Re: A.I. researchers are making more than $1M, even at a nonprofit

#132
post #116

Earlier quoted context omitted.

Star jugglers do not make a killing, unfortunately. A man with a not unreasonable claim to "best juggler in the world" gave it up and became a concrete contractor. Salaries at Cirque start at $50k.

Penn Jilette is the biggest star in juggling that I know of. He seems to make pretty good money in so far as one can infer these things.

I would say that he's more like an entertainer that can juggle.

Re: A.I. researchers are making more than $1M, even at a nonprofit

#133

Earlier quoted context omitted.

Star *anything" is a path to millions. Star athletes and musicians are obvious examples, but even star jugglers or puppeteers probably make a killing. Very misleading article

Star jugglers do not make a killing, unfortunately. A man with a not unreasonable claim to "best juggler in the world" gave it up and became a concrete contractor. Salaries at Cirque start at $50k.

In fairness, I suspect it depends on what you're juggling. I could envision someone juggling management of an electric car company and a space exploration technologies company making bank.

Re: A.I. researchers are making more than $1M, even at a nonprofit

#134
If you wanted to command, let's say $5-8 megabucks per year conservatively, I would sell the idea of self-programming systems. Automating software development to not need as many humans and implement prototype systems more rapidly is a business holy grail because it could significantly reduce the need for as many developers and their relatively large salaries. It will happen eventually, it's just a matter of time and who's going to profit that's the question. Furthermore, as automation intensifies over time, there will be overall fewer jobs but their salaries will continue to increase if they are related to automation and further reduction of jobs. If I were an AI researcher, I would be in self-programming systems, insist on patent assignment and consider forming a startup to deliver it as a hybrid cloud/on-prem SaaS... this would be the most obvious path to get rich from it.

Re: A.I. researchers are making more than $1M, even at a nonprofit

#135

Earlier quoted context omitted.

The whole thread is specifically about lottery winners. This is an example of such a thing happening due to juggling skill. It refutes the idea there are no such examples that result from juggling skill.

Only in the sense that Paul Graham talks about successful startups "doing everything right and winning the lottery." There is a certain amount of luck in anything, but being a statistical outlier for income isn't the same as "winning the lottery," which is basically random chance. And the reason it matters is because earned income encourages people to develop useful skills that the world desires (so as to presumably…

Working hard to acquire the requisite skill in these cases is just buying the lottery ticket. It’s significantly not different than an actual lottery.

Re: A.I. researchers are making more than $1M, even at a nonprofit

#137

Earlier quoted context omitted.

Very interesting how affluent people still rent. I noticed the same in LA in a high end building. What is the reason? Having more money to invest in different asset classes instead of the biggest chunk being in real estate?

Freedom to move, don't want to deal with burdens of ownership, better ROI to rent, etc.

Can you describe better ROI to rent more in detail?

Re: A.I. researchers are making more than $1M, even at a nonprofit

#138

Earlier quoted context omitted.

https://www.cnbc.com/2017/04/03/waymos-uber-lawsuit-reveals-...

Saying he earned $120 MM a year when really that was a payout after multiple years of hitting agreed upon milestones - that's sort of like saying everybody makes millions a year at a company that just IPOed. He obviously made a lot of money, but you're exaggerating by almost an order of magnitude.

Whatever you do don't look up what Uber offered him to leave waymo...

Re: A.I. researchers are making more than $1M, even at a nonprofit

#139

Earlier quoted context omitted.

Saying he earned $120 MM a year when really that was a payout after multiple years of hitting agreed upon milestones - that's sort of like saying everybody makes millions a year at a company that just IPOed. He obviously made a lot of money, but you're exaggerating by almost an order of magnitude.

Whatever you do don't look up what Uber offered him to leave waymo...

The $680 MM that was also contingent on milestones he never hit and thus was never paid? Not to mention that was distributed across other people as well, although he was supposed to get the vast majority.

Also he's likely going to end up in jail because of what happened with that Uber fiasco.

https://www.latimes.com/business/story/2019-08-27/ex-google-...

Re: A.I. researchers are making more than $1M, even at a nonprofit

#140

Earlier quoted context omitted.

Star jugglers do not make a killing, unfortunately. A man with a not unreasonable claim to "best juggler in the world" gave it up and became a concrete contractor. Salaries at Cirque start at $50k.

In fairness, I suspect it depends on what you're juggling. I could envision someone juggling management of an electric car company and a space exploration technologies company making bank.

I think it's far more likely this person would realize juggling so much is harder than he thought, and it all comes crashing down in the end (including his net worth).
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