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

nytimes.com

71–80 of 575 posts

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

#74

Earlier quoted context omitted.

> 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.

how is he snake oil s. since that time, he with his several teams, actually made electric cars a market wide reality, cheap orbit rockets and with starlink internet almost everywhere possible on earth? snake oil would be over without actually changing the history.

> he with his several teams, actually made electric cars a market wide reality

Electric cars? That would be Martin Eberhard and Marc Tarpenning, Tesla’s actual founders. They created the Roadster and brought the vision. Musk came in with money, staged a hostile takeover, and then rewrote the company’s history to fit his inflated ego, like the sad little man he is. It's honestly cringe.

> cheap orbit rockets and with starlink internet almost everywhere possible on earth

Amazing what billions in government contracts and management smart enough to keep Elon out of the way can accomplish. SpaceX deserves praise; spinning it into a Elon is a genius narrative? Not so much.

As for the snake oil, just a few of Elon's greatest hits:

1. Hyperloop. Old idea's wrapped in new buzzwords. Never viable. He didn’t invent it, but he sure wants you to think he did, just like with Telsa.

2. FSD “next year” since forever. Still not here. Still being marketed like it's solved. And still charging like a wounded bull for it.

3. Robotaxis and appreciation hype. Musk literally claimed Teslas would go up in value and earn passive income as robotaxis. It doesnt get much more snake oil than this.

"We’re confident the cars will be worth more than what you pay for them today." – July 2019

"It’s financially insane to buy anything other than a Tesla." – April 2019

Absolutely laughable. Show me one consumer owned Tesla that’s worth more today than it was in 2019. I’ll wait. If you can't, we'll mark it down as snake oil bullshit.

4. Optimus. Elon hyped this like Tesla had cracked general purpose humanoid robotics out of nowhere, leapfrogging companies that have been grinding on this for decades. The first reveal? A guy in a suit dancing. The follow ups? Stiff prototypes doing slow, assisted movements and following that, remotely controlled animatronics and so on. Meanwhile, Musk is on stage talking about replacing human labor, reshaping the economy, and bots becoming more valuable than cars. None of it is remotely close. But it worked, stock popped, headlines flooded in, and the fantasy sold.

5. SolarCity. An overhyped, underdelivered money pit that Tesla had to bail out. Just another Elon tyre fire.

6. "Funding secured." Flat out lied about taking Tesla private at $420. SEC slapped him, but the stock soared. Mission accomplished.

And that’s just scratching the surface of his bullshit. It ignores all the other missed deadlines, quality issues, inflated delivery claims, etc etc etc. Here is some more of his bullshit, also I am sure not exhaustive:

https://elonmusk.today/

Yes, he’s had wins. But wins don’t erase the mountain of bullshit. Elon’s biggest output isn’t cars or rockets. It’s hype. His true skill is selling fantasy to retail investors and tech worshipping middled aged white dudes who still think he’s some genius messiah. Strip the PR away, and you’ve got a guy who overpromises, underdelivers, and never stops running his mouth.

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

#76

Earlier quoted context omitted.

Where would put their money into though? It’s such a weird economy, especially with the expected decrease in younger population.

European defense stocks seem like a pretty good bet right now.

Unfortunately "defense" almost always seems like a good bet

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

#78
Good for those involved being offered such packages, but it really does raise the question of what exactly those offering them are so afraid of.

For example, Meta seem to be spending so much so they don't later have to fight a war against an external Facebook-as-chatbot style competitor, but it's hard to see how such a thing could emerge from the current social media landscape.

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

#79
post #77

It's similar to how, near the end of a Monopoly game, a player might indiscriminately hand over a stash of $100 bills to acquire Mediterranean Avenue, even though the property is mortgaged.

Which analogy(s) are you going for? The world is about to end so money is essentially worthless? The players with all the money are going to move on to something else soon? The game ceased to be fun for anyone so they all want to find other things to do?

I assume you are going for “there are no more useful resources to acquire so those with all the resources overpay just to feel like they own those last few they don’t yet own”.

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

#80
post #73

Ok people, is this for real like are these detached IC roles or are these articles talking about executive rolles filled by a.i. researchers?

As far as I know it's only one guy that got this offer, https://mattdeitke.com/ (aside from the others who had the mythical 100 million dollar poaching package).
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