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Mark Zuckerberg freezes AI hiring amid bubble fears

telegraph.co.uk

421–430 of 936 posts

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#421

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'm sure everyone is doing just fine financially, but I think it's common knowledge that these kind of comp packages are usually a mix of equity and cash earned out over multiple years with bonuses contingent on milestones, etc. The eye-popping top-line number is insane but it's also unlikely to be fully realized.

The point isn't doing fine financially, it's having left multi million dollar startups as founders.

In essence, they have left stellar projects with huge money potential for the corporate rat race, albeit at important $.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#422
These changes in direction (spending billions, freezing hiring) over just a few months show that these people are as clueless as to what's going to happen with AI, as everyone else. They just have the billions and therefore dictate where money goes, but that's it.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#423

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…

I have an overwhelming feeling that what we're trying to do here is "Netflix over DialUp." We're clearly seeing what AI will eventually be able to do, just like many VOD, smartphone and grocery delivery companies of the 90s did with the internet. The groundwork has been laid, and it's not too hard to see the shape of things to come. This tech, however, is still far too immature for a lot of use cases. There's enough…

> Netflix over DialUp

https://en.wikipedia.org/wiki/RealNetworks

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#424

Earlier quoted context omitted.

[flagged]

"Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires." Some will read this and laser in on the "socialism" part, but obviously the interesting bit is the second half of the quote.

That phrase explains the US Health Care System

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#425

Earlier quoted context omitted.

So wage suppression is good because it’s better for the _collective_?

Wage suppression? Its the opposite were talking about here. Pay large amounts of money to make sure people don't work on challenging problems. But sure you cant try and argue that's wage suppression.

The comment I was responding to was implying that it would be better for the collective if Meta was not paying these exorbitant salaries. You said “it [paying high salaries] is a great way to kneecap collective growth and development.”

In other words, you’re suggesting that _not_ paying high salaries would be good for collective growth and development.

And if Meta is currently willing to pay these salaries, but didn’t for some reason, that would be the definition of wage suppression.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#426

Earlier quoted context omitted.

Giving 1.5 million salary is nothing for these people. It shouldn’t be mind boggling. They see revolutionary technology that has potential to change the world and is changing the world already. Making a gamble like that is worth it because losing is trivial compared to the upside of success. You are where you are and not where they are because your mind is boggled by winning strategies that are designed to arrive at…

But how is it worth for meta, since they won't really monetize it. At least the others can kinda bundle it as a service. After spending tens of billions in AI how has it impacted a single dollar on meta's revenue?

>But how is it worth for meta, since they won't really monetize it.

Meta needs growth as there main platform is slowing down. To move forward they need to gamble on potential growth. VR was a gamble. They bombed that one. This is another gamble.

They're not stupid. Like all the risks you're aware of, they're also aware of. They were aware of the risks for VR too. They need to find a new high growth niche. Gambling on something with even a 40% chance of exploding into success is a good bet for them given there massive resources.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#427

Earlier quoted context omitted.

I think that meta is bad for the world and that zuck has made a lot of huge mistakes but calling him a one hit wonder doesn't sit right with me. Facebook made the transition to mobile faster than other competitors and successfully kept G+ from becoming competition. The instagram purchase felt insane at the time ($1b to share photos) but facebook was able to convert it into a moneymaking juggernaut in time for the fla…

No one else is adding the context of where things were at the time in tech... > The instagram purchase felt insane at the time ($1b to share photos) but facebook was able to convert it into a moneymaking juggernaut in time for the flattened growth of their flagship application. Facebook's API was incredibly open and accessible at the time and Instagram was overtaking users' news feeds. Zuckerberg wasn't happy that an…

I don't think we can really call the instagram purchase purely defense. They didn't buy it and then slowly kill it. They bought it and turned it into a product of comparable size to their flagship with sustained large investment.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#428

Earlier quoted context omitted.

[flagged]

This might be true for a normal definition of success, but not lottery-winner style success like Facebook. If you look at Microsoft, Netflix, Apple, Amazon, Google, and so on, the founders all have few or zero previous attempts at starting a business. My theory is that this leads them to pursue risky behavior that more experienced leaders wouldn't try, and because they were in the right place at the right time, that…

Not true of Netflix, founder came from PayPal. Apple required founder to leave and learn with a bunch of other companies like Pixar and next.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#429

Earlier quoted context omitted.

I don't see how this works, as the costs of running inference is so much higher than the revenues earned by the frontier labs. Anthropic and OpenAI don't continue to exist long-term in a world where GPT-5 and Claude 4.1 cost-quality models are SOTA.

With gpt5 I’m not sure this is true. Certainly openAI is still losing money but if they stopped research and just focused on productionizing inference use cases I think they’d be profitable.

> if they stopped research and just focused on productionizing inference use cases I think they’d be profitable

For a couple of years, until someone who did keep doing research pulled ahead a bit with a similarly good UI.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#430

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'm sure everyone is doing just fine financially, but I think it's common knowledge that these kind of comp packages are usually a mix of equity and cash earned out over multiple years with bonuses contingent on milestones, etc. The eye-popping top-line number is insane but it's also unlikely to be fully realized.

>I'm sure everyone is doing just fine financially

They are rich. Nobody is offered $100M+ comp if you are not already top 1% talent

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