Regular IT workers should be grateful they earn substantially more than a teacher or a nurse /s. The fact that labour cost is disconnected from the value it generates is probably one of the greatest scams pulled on working class. 99% of his pay packet should be redistributed among workers.
Google just gave Sundar Pichai a $692M pay package
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Re: Google just gave Sundar Pichai a $692M pay package
#22Pichai has been a very poor CEO but Google's position was so strong that it is still doing fine. I am sure he is in the founder's good graces so as long as the company's stock takes a big dive he is gonna stay at the helm and keep raking in the big bucks.
>> Pichai has been a very poor CEO and then immediately follows with "but Google's position was so strong". Isn't it a CEO's job to make sure the company's position is strong among other responsibilities?
Re: Google just gave Sundar Pichai a $692M pay package
#23[flagged]
Re: Google just gave Sundar Pichai a $692M pay package
#24Can we please, please move past this generation of bean-counter CEOs. Google and Apple have done great things under Pichai and Cook, and yet I couldn't been less excited for what either is doing. Bring back experimental culture.
We should be grateful for funding of the research, and that it didn't pay off in market results. More of this!
Re: Google just gave Sundar Pichai a $692M pay package
#25[flagged]
Re: Google just gave Sundar Pichai a $692M pay package
#26Pichai has been a very poor CEO but Google's position was so strong that it is still doing fine. I am sure he is in the founder's good graces so as long as the company's stock takes a big dive he is gonna stay at the helm and keep raking in the big bucks.
I was shocked they kept him around. He’s very much just a money manager like Tim Cook or Steve Ballmer.
Those types are great in the short term but risk the entire company’s future long term
Re: Google just gave Sundar Pichai a $692M pay package
#27[flagged]
Re: Google just gave Sundar Pichai a $692M pay package
#28Earlier quoted context omitted.
> Pichai has been a very poor CEO Why do you say this? I’m not familiar with him, and really haven’t paid much attention to Google’s strategy beyond cultural awareness, but I think Google has done well with staying competitive in AI, is dominating the self driving battle with Waymo, and has mostly kept its good brand intact (no small feat when you are so big). Are there some big mis-steps I don’t know about?
I would argue that Google has had declining quality in search results, bordering on completely unusable in the past few years, and that has resulted in people using LLMs for things that they would have searched for years ago. Although they are competitive in AI, I think it is surprising that their product continues to frustrate people and that they are a distant second place.
Re: Google just gave Sundar Pichai a $692M pay package
#29Pichai has been a very poor CEO but Google's position was so strong that it is still doing fine. I am sure he is in the founder's good graces so as long as the company's stock takes a big dive he is gonna stay at the helm and keep raking in the big bucks.
Pichai is being evaluated for his effect on stock price. His shareholders don't care if every product and service they offer has gotten worse for users in the meantime. Gemini keeping pace with Claude and ChatGPT is clearly some kind of management victory, because Zuckerberg and Musk don't seem to be able to do it despite having limitless cash to spend.
Sundar's enshittification has also juiced short term share prices at the cost of long term health. It might turn out to be a decent decision for search because it's in the midst of being disrupted, but that's a happy accident for Sundar, not 4d chess (and you can argue the enshittification hastened the disruption).
Re: Google just gave Sundar Pichai a $692M pay package
#30Pichai has been a very poor CEO but Google's position was so strong that it is still doing fine. I am sure he is in the founder's good graces so as long as the company's stock takes a big dive he is gonna stay at the helm and keep raking in the big bucks.