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

nytimes.com

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

#92
post #15

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 about to crash, harder than ever.

and then immediately bounce back to higher than it was before

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

#94
post #53
post #24

Earlier quoted context omitted.

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.

You have exactly the same level of conviction toward an unknowable outcome, I think both of you would be better served by reading the middle ground instead of subscribing to a false dichotomy of boom or bust. 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 outcom…

You can absolutely be sure of market forces not destroying established behemoths. It simply doesn't happen frequently. Inertia is a real thing. Look at Uber, Tesla, etc. I dont think there necessarily won't be a bust for many fledgeling AI companies though, in fact I'm certain there will be.

But thinking Tech Giants are going to crash is woefully ignorant of how the market works and indicates a clear wearing of blinders. And it's a common one among coders who feel the noose tightening and who are the types of people led by their own fear. And i find that when you mix that with arrogance, these three traits often correlate with older generations of software engineers who are poor at adapting to the new technology. The ones who constantly harp on how AI is full of mistakes and disregard that humans are as well. The ones who insist on writing even more than 70% of their own code rather than learning to guide new tools granularly. It's a take that nobody should entertain or respect.

As for your point on 'future none of us can be sure of.' I'll push back on that: It is not clear how AGI or ASI will come about, ie. what architecture will underpin it. However - it is absolutely clear that AI powered coding will continue to improve, and that algorithmic progress can and will be driven by AI coders, and that that will lead to ASI.

The only way to not believe that is to think there is a special sauce behind consciousness. And I tend to believe in scientific theory, not magic.

That is why there is so much VC. That is why tech giants are all racing. It isn't a bet. It is a race to a visible, clear goal of ASI that again, it takes blinders to not see.

So while AI is absolutely a bubble, this bubble will mark the transition to an entirely new economic system, society, world, etc. (and flip a coin on whether any of us survive it lol, but that's a whole separate conversation)

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

#95
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’…

I think the idea is the end of the game is nearing (AGI) and specific dollar amounts mean less than the binary outcome of getting there first.

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

#97
post #87

When will the bubble pop?

I think we’d need a major war or a pandemic of sorts because we have become pretty good at maintaining such bubble inflated. Whenever and however it comes, it’s going to be a bloodbath because we haven’t had a proper burst since 2008. I don’t count 2020.

Eventually people might consider that just maybe... it's not a bubble...

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

#98
post #96

At those prices they have to be hiring god gifted talent. I can’t imagine that being just a regular academic grinder with top grades. Arod made $250 million and it was considered huge news.

aww, they can't be sleazy CEO types who "make number go up" for 2-3 years and leave with a golden parachute?

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

#99
post #95

Earlier quoted context omitted.

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’…

I think the idea is the end of the game is nearing (AGI) and specific dollar amounts mean less than the binary outcome of getting there first.

if we get AGI and a post-scarcity age what makes these people think they -reaching- AGI will make them kings.

seems like governments will have a thing to say about who's able to run that AGI or not.

GPU's run on datacenters which exist in countries

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

#100
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’…

I was going for irony, not analogy. Unfortunately, even though some incompetent fools think it is, life is not a game.
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