@null tell me this isn’t the biggest confirmation that openai is a grift
Side bar this dropped yesterday:
Recent indicators in the AI industry point to a growing crisis of profitability, with OpenAI caught right in the middle.
futurism.com
I found a new group in Tech to hate on.
In Silicon Valley, it is the summer of comp FOMO as Meta and OpenAI offer tens of millions of dollars to lure top AI talent
"There's a ton of ripple effects I'm hearing in the Valley," said Deedy Das, of Menlo Ventures. "There is a sense of jealousy, envy, and helplessness."
www.businessinsider.com
"There's a ton of ripple effects I'm hearing in the Valley," said Deedy Das, an AI investor at Anthropic backer Menlo Ventures. "There is a sense of jealousy, envy, and helplessness, and everybody being like, 'I thought I was doing pretty well. What am I doing wrong? I would love to get those offers."'
Silicon Valley's winner-take-all era
From Meta to Microsoft, generative AI is accelerating Big Tech's salary divide.
www.businessinsider.com
Nine-figure signing bonus for a few, layoffs for thousands. Welcome to Big Tech's big divide.
Tech companies are paying up to $200,000 in premiums for AI experience, report finds
A consulting firm found that tech companies are "strategically overpaying" recruits with AI experience, paying premiums of $200,000 for some roles.
www.businessinsider.com
The report, compiled from a compensation analysis of roles across 153 companies, showed that data scientists and analysts with machine learning skills tend to receive a higher premium than software engineers with the same skills. However, the consulting firm also tracked a rise in bonuses for lower-level software engineers and analysts.