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Mark Zuckerberg freezes AI hiring amid bubble fears

telegraph.co.uk

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Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#571

Post by Karrot_Kream »

ghurtado wrote: post #559
Karrot_Kream wrote: post #500

Earlier quoted context omitted.

This is pretty common on HN but not unique to it. Lots of rationalist adjacent content (like stuff on LessWrong, replies to Scott Alexander's substack, etc) has it also. Here I think it comes from users that try to intellectualize their not-very-intellectual, stream of consciousness style thoughts, as if using technical jargon to convey your feelings makes them more rational and less emotional.

Thank you. I find this type of thing really interesting from a psychological perspective. A bit like watching videos of perpetual motion machines and the like. Probably says more about me than it does about them, though.

Good for you! I wish I were wired that way.

Unfortunately this kind of talk really gets under my skin and has made me have to limit my time on this site because it's only gotten more prevalent as the site has gotten more popular. I'm just baffled that so much content on this forum is people who seem to think their feelings-oriented reactions are in fact rational truths.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#574

Post by what_ever »

bcrosby95 wrote: post #547
StopDisinfo910 wrote: post #543

Earlier quoted context omitted.

> 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) If you had actually invested in AI pure players and Nvidia, the shovel seller, a couple years ago and were selling today, you would have made a pretty penny. The hard thing with potential bubble…

Financial advisors usually work on wholistic plans not short term ones. It isn't about timing markets its about a steady hand that doesn't panic and makes sure you don't get caught with your pants down when you need cash.

Hard to know what OP asked for but if they asked for AI specifically, the advise does not need to be holistic.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#575

Post by Aurornis »

lukeschlather wrote: post #392
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.

I have never heard of anyone getting a sign on bonus that was unconditional. When I have had signing bonuses they were owed back prorated if my employment ended for any reason in the first year.

I was a startup where someone got an unconditional signing bonus. It wasn't deliberate, they just kept it simple because it was a startup and they thought they trusted the guy because he was an old friend of the CEO.

The guy immediately took leave to get some medical procedure done with a recovery time, then when he returned he quit for another job. He barely worked, collected a big signing bonus, used the company's insurance plan for a very expensive procedure, and then disappeared.

From that point forward, signing bonuses had the standard conditions attached.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#576

Post by StopDisinfo910 »

aksss wrote: post #548
StopDisinfo910 wrote: post #543

Earlier quoted context omitted.

> 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) If you had actually invested in AI pure players and Nvidia, the shovel seller, a couple years ago and were selling today, you would have made a pretty penny. The hard thing with potential bubble…

Are you bearish on the shovel seller? Is now the time to sell out? I'm still +40% on nvda - quite late to the game but people still seem to be buying the shovels.

I have absolutely no clue whatsoever. I have zero insider information. For all I know, the bubble could pop tomorrow or we might be at the beginning of a shift of a similar magnitude to the industrial revolution. If I could reliably tell, I wouldn’t tell you anyway. I would be getting rich.

I’m just amused by people who think they are financially more clever by taking conservative positions. At that point, just buy ETF. That’s even more diversification that buying Microsoft.

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#579

Post by baby »

boshalfoshal wrote: post #309

Clickbait title and article. There was a large reorg of genai/msl and several other teams, so things have been shuffled around and they likely don't want to hire into the org while this is finalizing. A freeze like this is common and basically just signals that they are ready to get to work with the current team they have. The whole point of the AI org is to be a smaller, more focused, and lean org, and they have bee…

This ^ most of this thread is missing the point

Re: Mark Zuckerberg freezes AI hiring amid bubble fears

#580

Post by [deleted] »

Aurornis wrote: post #505
benterix wrote: post #290

Earlier quoted context omitted.

It's a cliche but people really underestimate and try to downplay the role of luck[0]. [0] https://www.scientificamerican.com/blog/beautiful-minds/the-...

People also underestimate the value of maximizing opportunities for luck. If we think of luck as random external chance that we can't control, then what can we control? Doing things that increase your exposure to opportunities without spreading yourself too thin is the key. Easier said than done to strike that balance, but getting out there and trying a lot of things is a viable strategy even if only a few of them pa…

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