Earlier quoted context omitted.
Taxes are way too low
You don't think those employees and vendors' employees and/or vendors' shareholders paid taxes on their income, capital gains, and/or dividends?
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Meta Freezes AI Hiring After Blockbuster Spending Spree
31–40 of 45 posts
Re: Meta Freezes AI Hiring After Blockbuster Spending Spree
#32I'd be embarrassed to work for Meta or have it on my resume/CV
If you land a $250MM total comp package, you probably won’t need to worry about being embarrassed about what companies are on your resume.
Not exactly many make that even at crazy Meta. And now no one anymore will as they're ending their latest fad hiring.
Re: Meta Freezes AI Hiring After Blockbuster Spending Spree
#33why do you need hiring when you have ai?
Re: Meta Freezes AI Hiring After Blockbuster Spending Spree
#34Re: Meta Freezes AI Hiring After Blockbuster Spending Spree
#35Gift link: https://www.wsj.com/tech/ai/meta-ai-hiring-freeze-fda6b3c4?s...
Thanks for sharing. Pretty aggressive paywall that is blocking archive.is and won't allow viewing a gift link without an account.
> won't allow viewing a gift link without an account.
Huh, that’s new. I didn’t realize they started doing that.
Re: Meta Freezes AI Hiring After Blockbuster Spending Spree
#36without paywall: https://archive.is/20250821033002/https://www.wsj.com/tech/a...
Re: Meta Freezes AI Hiring After Blockbuster Spending Spree
#37Interesting that investors can pressure Meta this way. I assumed that since Zuck has the “power shares” he can overrule anyone?
The pressure didn't come from investors. Investors expect Meta to increase capex by $30bn next year, a few engineers here or there is a rounding error in financial models.
Re: Meta Freezes AI Hiring After Blockbuster Spending Spree
#38Meta already bought all openAI’s secrets; now it just needs to let the GPUs cook.
What makes you think the secrets are small enough to fit inside people's heads, and aren't like a huge codebase of data scraping and filtering pipelines, or a DB of manual labels?
Re: Meta Freezes AI Hiring After Blockbuster Spending Spree
#39You'd think instead of paying 1 really good engineer $250M you could pay 5 really good engineers $50M each.
This is a Bighead on the roof scenario. They aren't paying $250m to actually have $250m worth of work produced. They're paying it so that their competition doesn't have it.
That implies that the dude can generate $250M+ of value in a couple years. No need to put him on the roof, make him work. But, my point is - doesn't it seem reasonable that if you hire 5 people who take the $50M offer, you have a good chance of getting a better outcome than hiring the one guy for $250M?