Just put the fries in the bag bro
Nvidia's Huang pitches AI tokens on top of salary
11–20 of 38 posts
Re: Nvidia's Huang pitches AI tokens on top of salary
#12that's weird cause if i am paid in tokens, how do i use those tokens on my employer's workflows?
shouldnt the tokens belong to the employer?
i understand the concept of an engineering having tools they own but if they're gonna shove tokens-as-utility down our throats, no boss, i'm not hooking you into my well water.
Re: Nvidia's Huang pitches AI tokens on top of salary
#13"Every employee across the industry should be given a shovel and asked to dig for gold. Completely unrelated – we are selling a new line of shovels for $49.99 a piece."
Re: Nvidia's Huang pitches AI tokens on top of salary
#14Huang is absolutely losing the plot, salary is compensation for work done, for time spent away from other things in life, and to sustain your life outside of work. Tokens as "compensation" falls into the not-even-wrong bucket, tokens are business expenses as input for work. Edit: it's actually CNBC using deceptive language in the article, not Huang proposing paying people with tokens as brought up by OJFord [0]. [0]…
This is just a ploy to turn part of your salary into tokens. It's not going to be additive in the long term
Re: Nvidia's Huang pitches AI tokens on top of salary
#15Huang is absolutely losing the plot, salary is compensation for work done, for time spent away from other things in life, and to sustain your life outside of work. Tokens as "compensation" falls into the not-even-wrong bucket, tokens are business expenses as input for work. Edit: it's actually CNBC using deceptive language in the article, not Huang proposing paying people with tokens as brought up by OJFord [0]. [0]…
Many of Nvidia's employees probably use token outside of work. Just like they just cars, heath insurance, and other benefits that many companies provide on top of salary.
If a company can provide a service or product to employees cheaper than the market can, then it makes sense to provide it as a perk.
Re: Nvidia's Huang pitches AI tokens on top of salary
#16As far as I can see, at least some of the cost-of-goods-sold of a token is dictated by GPU costs (both purchase price, and operational costs). Surely if Nvidia continues to produce increasingly sophisticated GPUs, the monetary value of each token will decrease? Seems like a strange incentive for Nvidia to offer their employees.
EDIT: If the tokens are not intended as a form of perk/benefit as others have interpreted, I guess my point does not count.
Re: Nvidia's Huang pitches AI tokens on top of salary
#17Huang is absolutely losing the plot, salary is compensation for work done, for time spent away from other things in life, and to sustain your life outside of work. Tokens as "compensation" falls into the not-even-wrong bucket, tokens are business expenses as input for work. Edit: it's actually CNBC using deceptive language in the article, not Huang proposing paying people with tokens as brought up by OJFord [0]. [0]…
Many of Nvidia's employees probably use token outside of work. Just like they just cars, heath insurance, and other benefits that many companies provide on top of salary. If a company can provide a service or product to employees cheaper than the market can, then it makes sense to provide it as a perk.
Company scrip.
Re: Nvidia's Huang pitches AI tokens on top of salary
#18He's not saying it like it's a benefit, part of the total comp, article is ridiculous. Here's the source (time stamped):
https://m.youtube.com/watch?v=jw_o0xr8MWU&t=2h3m26s
He's saying it more like a learning & development or conference budget, that it's a tool people need and are going to ask about or want to hear they have a good level of access to when they're looking for a job.
(I've been looking and already asking about it, I think we're already there. Not because I need it personally, but partly just to understand what the AI use is like within the companies I've been talking to.)
Re: Nvidia's Huang pitches AI tokens on top of salary
#19Reminds me of the pre-prohibition era where distilleries often paid their workers by giving them liquor (payment in kind) to manage liquidity issues. This looks like a clever way to try to compete for talent without continuing to ratchet up pay, allowing Nvidia to continue to expand their debt without needing additional cash.
It's not clever or a new idea. Every company would want to save money by paying their employees in their own product to the extent they could get away with it. Workers have just been smart enough and organized enough not to fall for it in recent history.
Re: Nvidia's Huang pitches AI tokens on top of salary
#20I'd be really skeptical of taking this offer, okay if you give me a tokens and I use them to start up a side project do you now have ownership in that side project ?
It's different in every company, but a lot of them really don't like side projects. I imagine if you build anything worthwhile some Nvidia lawyers might try to claim ownership.