201–210 of 936 posts
BTW: Meta specially denies that the reason is bubble fears and they provide alternate explanation in the article. Better title: Meta freezes AI hiring due to some basic organizational reasons.
Would anyone seriously take Meta's or any megacorps statements on face value ?
Maybe this time investors will realize how incompetent these leaders are? How do you go from 250mil contracts to freezes in under a month?
I really don't understand this massive flip flopping. Do I have this timeline correct? * January, announce massive $65B AI spend * June, buy Scale AI for ~$15B, massive AI hiring spree, reportedly paying millions per year for low-level AI devs * July, announce some of the biggest data centers ever that will cost billions and use all of Ohio's water (hyperbolic) * Aug, freeze, it's a bubble! Someone please tell me I'v…
As a board member, I'd rather see a billion-dollar bubble test than a trillion-dollar mistake.
Earlier quoted context omitted.
I really don't understand this massive flip flopping. Do I have this timeline correct? * January, announce massive $65B AI spend * June, buy Scale AI for ~$15B, massive AI hiring spree, reportedly paying millions per year for low-level AI devs * July, announce some of the biggest data centers ever that will cost billions and use all of Ohio's water (hyperbolic) * Aug, freeze, it's a bubble! Someone please tell me I'v…
Zuckerberg's leadership style feels very reactionary and arrogant, defined by flailing around for the new fad and new hyped thing, scrapping everything that when the current obsession doesn't work out and then sticking head in the sand about abandoned projects and ignoring subsequent whiplash. Remember when he pivoted the entire company to the meta-verse and it was all about avatars with no legs? And how proud they t…
Quality over quantity. Apparently its better to pay $100 million for 10 people than $1 million for 1000 people.
1000 people can't get a woman to have a child faster than 1 person. So it depends on the type of problem you're trying to solve. If you're trying to build a bunch of Wendy's locations, it's clearly better to have more construction workers. It's less clear that if you're trying to build SGI that you're better off with 1000 people than 10. It might be! But it might not be, too. Who knows for certain til post-ex?
I really do wonder if any of those rock star $100m++ hires managed to get a 9-figure sign-on bonus, or if the majority have year(s) long performance clauses. Imagine being paid generational wealth, and then the house of cards comes crashing down a couple of months later.
I've heard of high 7-figure salaries but no 9 figure salaries. Source for this?
Earlier quoted context omitted.
I really don't understand this massive flip flopping. Do I have this timeline correct? * January, announce massive $65B AI spend * June, buy Scale AI for ~$15B, massive AI hiring spree, reportedly paying millions per year for low-level AI devs * July, announce some of the biggest data centers ever that will cost billions and use all of Ohio's water (hyperbolic) * Aug, freeze, it's a bubble! Someone please tell me I'v…
Zuckerberg's leadership style feels very reactionary and arrogant, defined by flailing around for the new fad and new hyped thing, scrapping everything that when the current obsession doesn't work out and then sticking head in the sand about abandoned projects and ignoring subsequent whiplash. Remember when he pivoted the entire company to the meta-verse and it was all about avatars with no legs? And how proud they t…
DONT TOUCH THE MONEY-MAKER(S)!!!!
clickbait. read the article. they just spent several billion hiring a leadership team. They are doing an all hands to figure out what they need to do.
Earlier quoted context omitted.
> 1000 people can't get a woman to have a child faster than 1 person. I always get slightly miffed about business comparisons to gestation: getting 9 women pregnant won't get you a child in 1 month. Sure, if you want one child. But that's not what business is often doing, now is it? The target is never "one child". The target is "10 children", or "100 children" or "1000 children". You are definitely going to overrun…
>> Sure, if you want one child. But that's not what business is often doing, now is it? Your designing one thing. You're building one plant. Yes, you'll make and sell millions of widgets in the end but the system that produces them? Just one. Engineering teams do become less efficient above some size.