51–60 of 575 posts
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.
Earlier quoted context omitted.
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?
You didn't read marx and the person above you clearly did. Marx hated the bourgeoisie (business owners, including petite-bourgeoisie AKA small business owners) and loved the proletariat - including the extremely skilled or well paid proletarians. Marx also hated the lumpen-proletariet - AKA prostitutes, homeless, etc.
What I did or didn't read is alas occluded from you. The Masereel illustrated woodcuts on a recent edition of the manifesto are wonderful.
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.
I think the biggest confuser here is that there are really two games being played, the money game and the technology game. Investments in AI are going to be largely driven by speculation on their monetary outcome, not technological outcome. Whether or not the technology survives the Venture Capital Gauntlet, the investment bubble could still pop, and only the businesses that have real business models survive. Heaps of people lose their shirt to the tune of billions, yet we still have an AI powered future of some kind.
All this to say, you can both be certain AI is a valuable technology and also believe the economics around it right now are not founded in a clear reality. These are all bets on a future none of us can be sure of.
why the negativity? no one bats an eye when ronaldo/messi or steph curry or other top athletes get insane salaries. These AI researchers will probably have far more impact on society (good or bad I dont know) than the athletes, and the people who pay them (ie zuck et al) certainly thinks its worth paying them this much because they provide value.
Earlier quoted context omitted.
it was never about rising salaries, it was always about upper middle class urbanites showing fake concern towards the lower class by disparaging people who earn more than them. one would think that a talented academic/researcher getting a 1B salary would impress the socialist people but it doesn't because it was never about that. it was about bringing rich people down and not much else.
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why the negativity? no one bats an eye when ronaldo/messi or steph curry or other top athletes get insane salaries. These AI researchers will probably have far more impact on society (good or bad I dont know) than the athletes, and the people who pay them (ie zuck et al) certainly thinks its worth paying them this much because they provide value.
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.
It is indeed; those people hired at those salaries are not going to "produce" more than the people hired at normal salaries.
Because what we have now is a "good enough" so getting a 10x better LLM isn't going to produce a 10x increase in revenue (nevermind profit).
The problem is not "We need a better LLM" or "We need cheaper/faster generation". It's "We don't know how to make money of this".
That doesn't require engineers who can creat the next generation SOTA in AI, that requires business people who can spot solutions which simply needs tokens.
Earlier quoted context omitted.
For a few years it seemed like Tesla and SpaceX were those companies - reducing our dependence on fossil fuels, boosting clean transportation and solar, pushing forward space exploration. But the promises turned into stock boosting lies; the environmental good into vote buying for climate change deniers, and space exploration into low earth cell-towers.
> For a few years it seemed like Tesla Those years were a long time ago for me. I’ve been arguing musk is a snake oil salesman since at least 2014. I lost friends over it at the time, people who were very heavily invested into musk, both financially and for some reason, emotionally.
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…
This gentleman now has an entirely different set of problems to everyone else. Do you think he will now go on to advocate for wealth equality, housing affordability, healthcare etc, or do you think he'll go buy some place nice away from his former problems and enjoy his (earned) compensation in peace?
Earlier quoted context omitted.
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?
You didn't read marx and the person above you clearly did. Marx hated the bourgeoisie (business owners, including petite-bourgeoisie AKA small business owners) and loved the proletariat - including the extremely skilled or well paid proletarians. Marx also hated the lumpen-proletariet - AKA prostitutes, homeless, etc.