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A.I. researchers are negotiating $250M pay packages

nytimes.com

21–30 of 575 posts

Re: A.I. researchers are negotiating $250M pay packages

#21
post #15

Do you need any more signs, or is it clear now? For me the Meta storm of billions in hiring was enough to start selling any tech giant related stock. It is about to crash, harder than ever.

I thought that when Apple reached a market cap of 1 trillion, but here we are today.... I since then abandoned any such prediction, even if i share your feeling

it's because they printed $trillions so amount of money is a lot in the system. I mean debt

Re: A.I. researchers are negotiating $250M pay packages

#22
post #15

Do you need any more signs, or is it clear now? For me the Meta storm of billions in hiring was enough to start selling any tech giant related stock. It is about to crash, harder than ever.

Combined with the trump economy its going to be interesting. I pulled out in end of January when they were actually going forward with tariffs in the most stupid way possible.

Re: A.I. researchers are negotiating $250M pay packages

#23

There are sports stars who are paid similarly - rare talent that is in demand. Luckily there aren’t “software unions” like there are players’ unions to cap the max payment. Any left wing / socialist person on HN should be ecstatic - literally applauding with grins on their faces - that workers are extracting such sums out of the capitalist class. The hate for these salaries is mind boggling to me, and shows a lot of…

What percentage of the income is going towards funding future socialism?

Because if it's not funding the revolution (peaceful or otherwise) why exactly would a leftist applaud these salaries?

Re: A.I. researchers are negotiating $250M pay packages

#24
post #15

Do you need any more signs, or is it clear now? For me the Meta storm of billions in hiring was enough to start selling any tech giant related stock. It is about to crash, harder than ever.

Funny there's trillions of dollars in the span of two years literally pointing to the writing on the wall and you're so arrogant and blinded by cope that you can't see it. You legacy engineers really are something else.

Re: A.I. researchers are negotiating $250M pay packages

#25

Imagine if any one of these tech companies decided the future was in solving problems for humanity rather than how to serve adverts in a future where content was autogenerated. The money and resources they have available is astronomical. Instead they spend it on future proofing their profits. What a sad world we have built.

At the same time, asking them to solve social problems with money and technology and dubious morality doesn't look like the way forward either.

Very aptly, the Manhattan Project or Space Race weren't aimed at the improvement of mankind per se. Motivation was a lot more specific and down to earth.

Re: A.I. researchers are negotiating $250M pay packages

#26
post #15

Do you need any more signs, or is it clear now? For me the Meta storm of billions in hiring was enough to start selling any tech giant related stock. It is about to crash, harder than ever.

I thought that when Apple reached a market cap of 1 trillion, but here we are today.... I since then abandoned any such prediction, even if i share your feeling

Hard numbers for market cap is a difficult measure - Apples price earnings is 33 currently, which is high but not over high. Ie. Apple has revenue to back their market cap.

The issue with high salaries is that there is a latent assumption that these people provide the multiples in additional value. That they are so smarter than everyone else.

This is simply not true, and will lead to a competitive disadvantage.

Re: A.I. researchers are negotiating $250M pay packages

#27

There are sports stars who are paid similarly - rare talent that is in demand. Luckily there aren’t “software unions” like there are players’ unions to cap the max payment. Any left wing / socialist person on HN should be ecstatic - literally applauding with grins on their faces - that workers are extracting such sums out of the capitalist class. The hate for these salaries is mind boggling to me, and shows a lot of…

Well I applaud their ability to get that bag. But in terms of raising the floor for a lot of people, this is not that.

I don't feel strongly about these salaries beyond them being an indication of deep dysfunction in the system. This is not healthy, for a market or for a society. No-one should be paid these amounts but I don't care about these developers because they don't run the system.

I've benefited from devs being paid well. Not that well. But same thing in concept.

Re: A.I. researchers are negotiating $250M pay packages

#28

There are sports stars who are paid similarly - rare talent that is in demand. Luckily there aren’t “software unions” like there are players’ unions to cap the max payment. Any left wing / socialist person on HN should be ecstatic - literally applauding with grins on their faces - that workers are extracting such sums out of the capitalist class. The hate for these salaries is mind boggling to me, and shows a lot of…

People also complain about the high salaries of CEOs. A lot of opposition to labor being paid what they are due is more about envy than class consciousness.

Re: A.I. researchers are negotiating $250M pay packages

#29

There are sports stars who are paid similarly - rare talent that is in demand. Luckily there aren’t “software unions” like there are players’ unions to cap the max payment. Any left wing / socialist person on HN should be ecstatic - literally applauding with grins on their faces - that workers are extracting such sums out of the capitalist class. The hate for these salaries is mind boggling to me, and shows a lot of…

That is not an appropriate comparison as sports stars(you write it yourself) is in the entertainment industry - they are paid for their talent.

A 1b $ anonymous software engineer is likely leading to 5000 more revenue than a 200k talented Ai engineer.

Re: A.I. researchers are negotiating $250M pay packages

#30
post #15

Do you need any more signs, or is it clear now? For me the Meta storm of billions in hiring was enough to start selling any tech giant related stock. It is about to crash, harder than ever.

what does Meta hiring have to do with a crash? if anything it shows increase because of the amount of investment put into it.
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