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Google just gave Sundar Pichai a $692M pay package

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Re: Google just gave Sundar Pichai a $692M pay package

#91

Post by compiler-guy »

1970-01-01 wrote: post #50
krackers wrote: post #23

Earlier quoted context omitted.

Where else would they park their wealth? Stock market is all imaginary money. Maybe gold/silver. But housing works as an easy way to park wealth in a tangible way that's guarded against inflation. This fact is probably also why housing prices keep going up.

Funny how it's never crypto. They always choose non-technical investments for their own wealth.

These ultra wealthy folks don’t need highly volatile investments like crypto. They are mostly seeking to reduce volatility rather than hit home runs.

Re: Google just gave Sundar Pichai a $692M pay package

#92

Post by astral_drama »

lateforwork wrote: post #30
crop_rotation wrote: post #4

Pichai 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.

Poor CEO my abs. When ChatGPT came out Microsoft was singing victory songs, and predicted Google's imminent death. 3 years later Google has one of the best models and Microsoft is still borrowing OpenAI's model. Not only that, Google is running their models on their own hardware, not Nvidia's.

I'm pretty sure even chatgpt could have told the senior leaders at Google to invest heavily in AI. Not a difficult call to make.

Re: Google just gave Sundar Pichai a $692M pay package

#93

Post by Imustaskforhelp »

tombert wrote: post #83
shevy-java wrote: post #34

Evil pays well. We need to find alternatives to Google - that giant is out of control now.

Kagi is pretty decent, though I think they proxy to Google's index for at least some of their results.

Adding on to it, They use SerpAPI which (sort of) scrapes google and then they do their work on top and this is also how they allow your customizability features to be added too in search if i remember correctly.

Kagi is great if you need great customizability and filters and if you wish to support the future of Kagi/products like these.

And Duckduckgo is great if you need a Google alternative which "just works" without costing money* if you are frugal.

Either way, both options are good and its best to leave Google if/when possible.

The best feature of both of these and brave-search to some degree is that all three support bangs. !yt leads to youtube and !hn leads to hn.algolia.com :) and !sr and so so many more. Bangs might be the best feature that google users might be missing. It just saves so much time.

Re: Google just gave Sundar Pichai a $692M pay package

#94

Post by bluefirebrand »

s1artibartfast wrote: post #21
varispeed wrote: post #2

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.

Isn't Sundar a worker? We are talking about his pay from negotiation with capital owners

> Isn't Sundar a worker

Executives are not workers, no

Re: Google just gave Sundar Pichai a $692M pay package

#95

Post by usrusr »

compiler-guy wrote: post #80
gotwaz wrote: post #42

Earlier quoted context omitted.

Well currently they make about 1500 bucks a year of every american household just selling ads. Make much less on the rest of the world. So it really just boils down to what the upper limit on ad sales to the american consumer is.

The cloud business is also doing quite well. Waymo is generating revenue now as well. So not just ads.

So how much is the American household spending on Waymo, in average? It's totally insignificant.

Re: Google just gave Sundar Pichai a $692M pay package

#96

Post by tombert »

vasco wrote: post #48
kkfx wrote: post #43

I 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 public company.

Private in that they're not owned by the taxpayers or government. Amtrak would be an example of a "public" company in the sense that I believe that the poster was describing.

Re: Google just gave Sundar Pichai a $692M pay package

#97

Post by pinkmuffinere »

turzmo wrote: post #87
pinkmuffinere wrote: post #28

Earlier quoted context omitted.

Without taking a stance on whether their search has improved or degraded, we can observe that the same claim (“search is so degraded it’s unusable”) has been common for like 5 years at this point. If it’s really such a problem, why haven’t people already switched? Google’s search is at 90% market share [1]. Surely if it was perceived as a problem to customers there should be some measurable effect? [1] https://gs.sta…

Google has succeeded in enshittifying their search in a way that the vast majority of users (not customers -- those are the advertisers) have not noticed.

If the users aren’t bothered by the “enshittification”, does that reflect poorly on the CEO? The CEO is supposed to make money, and maybe has personal aspirations to improve the world. They’re not making art.

Re: Google just gave Sundar Pichai a $692M pay package

#98

Post by weare138 »

lateforwork wrote: post #30
crop_rotation wrote: post #4

Pichai 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.

Poor CEO my abs. When ChatGPT came out Microsoft was singing victory songs, and predicted Google's imminent death. 3 years later Google has one of the best models and Microsoft is still borrowing OpenAI's model. Not only that, Google is running their models on their own hardware, not Nvidia's.

So Sundar is an AI engineer in his spare time too?

Re: Google just gave Sundar Pichai a $692M pay package

#99

Post by mcntsh »

varispeed wrote: post #2

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.

Every cost is disconnected from the value it generates. Do you pay the price for gasoline, electricity, or food based on the value it provides you?

Re: Google just gave Sundar Pichai a $692M pay package

#100

Post by ryandrake »

bombcar wrote: post #69
BeetleB wrote: post #62

At 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…

I'm willing to fail as Intel's CEO for the low, low cost of $5m/year, and I can get it done in a year.

I'll do it for $1m/year. Come on, shareholders, you could save a fortune.
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