Mark Zuckerberg freezes AI hiring amid bubble fears

Post by mrits » Thu, Aug 21, 2025, 2:05 PM UTC

alsetmusic wrote: post #191

It almost seems as though the record-setting bonuses they were dolling out to hire the top minds in AI might have been a little shortsighted. A couple of years ago, I asked a financial investment person about AI as a trick question. She did well by recommending investing in companies that invest in AI (like MS) but who had other profitable businesses (like Azure). I was waiting for her to put her foot in her mouth an…

Post by butlike » Thu, Aug 21, 2025, 2:05 PM UTC

mrweasel wrote: post #139

steve1977 wrote: post #42

Earlier quoted context omitted.

IMHO Mark Zuckerberg is a textbook case of someone who got lucky once by basically being in the right place at the right time, but who attributes his success to his skill. There’s probably a proper term for this.

It is at least a little suspicious that one week he's hiring like crazy, then next week, right after Sam Altman states that we are in an AI bubble, Zuckerberg turns around and now fears the bubble. Maybe he's just gambling that Altman is right, saving his money for now and will be able to pick up AI researcher and developers at a massive discount next year. Meta doesn't have much of a presence in the space market rig…

Post by sgt101 » Thu, Aug 21, 2025, 2:06 PM UTC

krona wrote: post #153

TrackerFF wrote: post #53

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.

Taking rockstar players 'off the pitch' is the best way second-rate competitors can neutralize their opponents' advantage.

Post by iphone_elegance » Thu, Aug 21, 2025, 2:07 PM UTC

marcyb5st wrote: post #74

mgaunard wrote: post #12

as an outsider, what I find the most impressive is how long it took for people to realize this was a bubble. Has been for a few years now.

Note: I was too young to fully understand the dot com bubble, but I still remember a few things. The difference I see is that, conversely to websites like pets.com, AI gave the masses something tangible and transformative with the promise it could get even better. Along with these promises, CEOs also hinted at a transformative impact "comparable to Electricity or the internet itself". Given the pace of innovation in…

Post by doctorpangloss » Thu, Aug 21, 2025, 2:07 PM UTC

nabla9 wrote: post #10

Quality over quantity. Apparently its better to pay $100 million for 10 people than $1 million for 1000 people.