Mark Zuckerberg freezes AI hiring amid bubble fears

Post by [deleted] » Sun, Aug 24, 2025, 4:15 AM UTC

thunky wrote: post #920

keernan wrote: post #919

Earlier quoted context omitted.

>>Sure, but once you reach the point where you have a lot of money in the market you probably won't enjoy watching 50% of it disappear, even if it means your next auto investment is for a nice bargain price. I assume I am investing to build wealth. That means my goal is to never spend down my wealth. When I retire, I am withdrawing a maximum 4% a year and expect my portfolio to average >6% per year. When I die I will…

> my goal is to never spend down my wealth Never spend it, but you're ok with it being taken from you? You're a special case retiree if you can watch the market take half of your life savings and cheer it on. Especially with a 4% withdrawal rate, which fails a lot of 30 year backtests. > I am withdrawing a maximum 4% a year and expect my portfolio to average >6% per year. When I die I will own the largest number of s…

Post by 0xy » Sun, Aug 24, 2025, 7:13 AM UTC

toephu2 wrote: post #633

TrackerFF wrote: post #53

I really do wonder if any of those rock star $100m++ hires managed to get a 9-figure sign-on bonus, or if the majority have year(s) long performance clauses. Imagine being paid generational wealth, and then the house of cards comes crashing down a couple of months later.

None of them are getting $100m+ packages. Zuck himself even debunked that myth. But the media loves to run with it because it generates clicks.

Post by duncangh » Sun, Aug 24, 2025, 11:52 PM UTC

echelon wrote: post #312

skeezyboy wrote: post #296

Earlier quoted context omitted.

>I have an overwhelming feeling that what we're trying to do here is "Netflix over DialUp." I totally agree with you... though the other day, I did think the same thing about the 8bit era of video games.

Speaking of Netflix - I think the image, video, audio, world model, diffusion domains should be treated 100% separately from LLMs. They are not the same thing. Image and video AI is nothing short of revolutionary. It's already having huge impact and it's disrupting every single business it touches. I've spoken with hundreds of medium and large businesses about it. They're changing how they bill clients and budget pro…

Post by johnnienaked » Mon, Aug 25, 2025, 6:02 AM UTC

RugnirViking wrote: post #793

mlsu wrote: post #719

Earlier quoted context omitted.

This is a structural problem with our economy, much larger than just Facebook. Due its large scale concentration, the allocation of capital in the economy as a whole has become far less efficient over the last 20 years.

But always remember, it's not technically a monopoly! Boy am I tired of that one. We desperately need more smaller companies and actual competition but nobody seems to even be trying

Post by majewsky » Mon, Aug 25, 2025, 11:21 AM UTC

specialist wrote: post #910

awalsh128 wrote: post #503

Earlier quoted context omitted.

This is why I ignore anything that CEOs say about AI in the news. Examples, AGI in a few years, most jobs will be obsolete, etc.

Author Ted Chiang is the only celebrity AI kibitzer pundit I wholly agree with. Paraphrasing: Capital will use / is using AI to further bludgeon Labor.