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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

#51
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 private company

They are a public company

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

#52

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.

I remember Pichai mainly for his "AI now first everything" in 2015, destroying Google search as a reliable channel to acquisit users somehow for free.

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

#54
post #47
post #31

Earlier quoted context omitted.

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.

That's not clear to me. He's been in charge for over a decade, and the company he's in charge of has the most dominant position in AI in the world.

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

#55
post #16

Details: $2MM/year in salary, the rest in performance based incentives. The $692MM figure is based on hitting all of the maximums (200% of a few different targets) and is the total for three years.

[flagged]

I don't think this would be considered capital gains if it's being paid to him. You typically pay income taxes on your income, if it's in the form of money given to you by your employer.

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

#56

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.

I don't like him either but he is definitely exchanging Google's future positions and cashing it in for profit now, which reflects positively on him.

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

#57

Earlier quoted context omitted.

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

What data does Google have that OpenAI can't get at?

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

#59
post #16

Details: $2MM/year in salary, the rest in performance based incentives. The $692MM figure is based on hitting all of the maximums (200% of a few different targets) and is the total for three years.

[flagged]

> then up to $230M/year is "lower tax rate than his secretary" income?

Why do you think that?

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