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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

#41

Post by KellyCriterion »

geetee wrote: post #36
delusional wrote: post #27

Earlier quoted context omitted.

You don't get to enjoy your single family home because you're at work all the time. The ultra-rich don't have that problem.

I always got the impression these ultra rich are workaholics that barely see their family.

I have not heard anyone of the superrich who stays at home on the sofa; maybe there are some rich Influencers these days who are more "consumption heavy", but what I can judge is even these guys pump out stuff on a more or less professional level, meaning they cant do it as a hobby.

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

#42

Post by gotwaz »

petcat wrote: post #3

Isn't Google a trillion dollar company going gangbusters toward its next trillion dollars?

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.

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

#43

Post by kkfx »

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 of their policies or ruin themselves over certain massive salaries, that's their problem, all the better.

Unfortunately, most people seem incapable of attacking what actually needs to be attacked, instead of getting hung up on things that are perfectly legitimate.

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

#44

Post by daedrdev »

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.

How will shortages be avoided if pay isn’t deterred by supply and demand? An industry that needs workers raises wages until satisfied, what magical thinking do you propose instead

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

#45

Post by KellyCriterion »

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.

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

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

#47

Post by loudmax »

nilkn wrote: post #31
mountainriver wrote: post #26

Earlier quoted context omitted.

Pichai has been a terrible CEO, he almost lost the AI race before it started because he was too focused on Google’s consumer products. I was shocked they kept him around. He’s very much just a money manager like Tim Cook or Steve Ballmer. Those types are great in the short term but risk the entire company’s future long term

I'm surprised people still think this. Google has the strongest position of any company in the world on AI. They have expertise and capability across the entire stack from chips to data centers to fundamental research to frontier models. Just because they weren't first-to-market with a chatbot doesn't mean they almost lost or made some terrible durable blunder. That's about Google, though. The picture about Sundar sp…

All of Google's advantages in AI are despite Sundar Pichai's leadership, not because of it.

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

#48

Post by vasco »

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.

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

#49

Post by chihuahua »

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

He's probably muttering "I have nothing to lose but my chains" as he's hand-washing his Che Guevara shirt.

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

#50

Post by 1970-01-01 »

krackers wrote: post #23
geetee wrote: post #12

[flagged]

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.
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