I think a thread dedicated to AI could be beneficial.
There are 100s of threads this topic should be in front of...
Agree. I've said it repeatedly in the official thread. It should be 100 pages or more by now. I wish Joe used it. It made me not want to comment here, but the reality is finally being explained.
There is no evidence of verified 100 million dollar signing bonuses. These were multi-year compensation packages, carefully structured for retention, performance and of course tax advantages.
As far as I can tell Ruoming Pang’s deal is the largest ( though falsely claimed in this thread to be a $200 million signing bonus), but the vast majority is in stock and long-term incentives. His actual signing bonus, while likely very large, has not been disclosed and is almost certainly far less than the total $200 million. I've chased down info on 9 other poached employees, but does it really matter? These are incredibly high paying jobs despite the misinformation on bonuses. They're not Eugenes, Terminal. They're proven heavy hitters. Zuck has carefully sniped his ASI team.
I just want to emphasize what Harry said in the two quotes above. Let's use the official thread. There. is. so. much. happening.
ETA I don’t care one way or the other how many AI threads exist, but
it’s disheartening that people immediately gravitate towards the investment value.
You are by far one of the best posters/assets on here. I hope I'm taking those comments the wrong way as I found it quite insulting. Nothing was "immediate" on my end, whatsoever. In fact, I waited for this to come to a hilt and simply thought separating it, finally, might be prudent. We are facing something unlike anything humans have ever dealt with.
Like it or not, it's all happening and at light speed. As such, different topics about the issue at hand is not far-fetched in the least. We're all well aware of what directing retirement investments into big tech did this last 3 decades, are we not? For untolds and the differences it made, is mind-blowing. This isn't the industrial revolution. Are the super wealthy going to stop?
I digress but the world today is what it is. I don't like it. But we also can't change it. And I don't think an explanation is necessary on that front.
Look, going up against this wrecking ball is all up to whomever, and good luck being content where you're at. I truly mean that, and to you specifically Term. You clearly deserve all you have and more, imo. But if the **** hits the fan for those that don't have the means when it does so, ignoring the aspects of this can end up devastating. Or worse. So helping them not get slaughtered by navigating a capitalistic society that does not have their best interests as a whole, is a discussion and possible solution(s), or help at a minimum, worth having.
To put it bluntly, for those that can profit off the inevitable, which is not necessarily meant to be some big, bad thing, is a conversation worth having. The moral aspects of such could be a thread all to itself, but back to AI "opportunities" here.
I mean, our healthcare system is a total joke, and that's just scratching the surface. As sad as just that is, and god, very much so, but if it isn't every man for themselves these days, I don't know what is. So do I feel bad suggesting a topic to the braintrust here on where we are headed and how one might be able to profit on it? Nope. Especially not the next time I watch a family friend voluntarily (legally) take their own life, partially due (IMO) to the fact she was running out of funds.
Sorry about the sidetrack, but "investment value" early on would have helped that family, for sure.
None of us chose this rat's nest, but it's where we're at. So I for one, am excited for
@shuke to start us up the AI investment thread.