Earlier quoted context omitted.
my bet is: - Google will be #1 because of sher data amount - Anthropic will be #2 because of the best product (whatever this may mean in the future) - Microsoft will be #3, because of enough cash to follow
What data does Google have that OpenAI can't get at?
Google just gave Sundar Pichai a $692M pay package
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Re: Google just gave Sundar Pichai a $692M pay package
#62Notably, go look at Intel's Pat Gelsinger. Prior to his firing, lots of articles talking about how he was one of the highest paid CEOs (citing numbers in excess of $150M). They'd fail to mention that it was over several years and only if he met targets.
Well, he didn't meet those targets. His actual compensation was about $10M/year.
Re: Google just gave Sundar Pichai a $692M pay package
#63Details: $2MM/year in salary, the rest in performance based incentives. The $692MM figure is based on hitting all of the maximums (200% of a few different targets) and is the total for three years.
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Re: Google just gave Sundar Pichai a $692M pay package
#64I honestly have NOTHING against that: they are a private company, their money, their choice. I have plenty of other bones to pick with them, regarding the harvesting of personal data from smart devices and cloud services, how it's used, and so on, but the salaries of their executives are their own money, so it's their business and I don't see any reason for controversy. In fact, if they happen to lose talents because…
> they are a private company They are a public company
Re: Google just gave Sundar Pichai a $692M pay package
#65[flagged]
Re: Google just gave Sundar Pichai a $692M pay package
#66Earlier quoted context omitted.
my bet is: - Google will be #1 because of sher data amount - Anthropic will be #2 because of the best product (whatever this may mean in the future) - Microsoft will be #3, because of enough cash to follow
What data does Google have that OpenAI can't get at?
And non-western and non-Mandarin language support (the only other competitors are Indian, Emirati, and Saudi sovereign models).
Re: Google just gave Sundar Pichai a $692M pay package
#67Details: $2MM/year in salary, the rest in performance based incentives. The $692MM figure is based on hitting all of the maximums (200% of a few different targets) and is the total for three years.
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He did not get some custom stock now that will appreciate in value magically, if and only if he meets targets - or certain types of options can also act like this.
Even if GOOG stock grew so much, that this ended up being a $3B pay package, he'd be taxed as ordinary income on the full amount at payout - not even the reduced capital gains on the extra ~$2.7B in growth between agreement and payout.
Re: Google just gave Sundar Pichai a $692M pay package
#68At least the article mentions that it is contingent on bonus targets. All too often articles skip that and say "Y was paid $$$". Notably, go look at Intel's Pat Gelsinger. Prior to his firing, lots of articles talking about how he was one of the highest paid CEOs (citing numbers in excess of $150M). They'd fail to mention that it was over several years and only if he met targets. Well, he didn't meet those targets. H…
Re: Google just gave Sundar Pichai a $692M pay package
#69At least the article mentions that it is contingent on bonus targets. All too often articles skip that and say "Y was paid $$$". Notably, go look at Intel's Pat Gelsinger. Prior to his firing, lots of articles talking about how he was one of the highest paid CEOs (citing numbers in excess of $150M). They'd fail to mention that it was over several years and only if he met targets. Well, he didn't meet those targets. H…
Re: Google just gave Sundar Pichai a $692M pay package
#70Earlier quoted context omitted.
my bet is: - Google will be #1 because of sher data amount - Anthropic will be #2 because of the best product (whatever this may mean in the future) - Microsoft will be #3, because of enough cash to follow
What data does Google have that OpenAI can't get at?