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I wonder if the algorithms can determine a fair wage for the said talent. Like many have observed here, the salary is for an expectation of innovation and diffe
by mankash666 9y ago
I wonder if the algorithms can determine a fair wage for the said talent. Like many have observed here, the salary is for an expectation of innovation and differentiation. However, an a-priori guarantee, or even a relatively high likelihood of such an outcome is hard to guarantees unless the said person is Geoffrey Hinton. So what exactly are the salaries for?
- kofejnik 9y agodefine "fair"
- Spooky23 9y agoWhat does fair mean? Innovation and differentiation is only one side of the ledger. There's also a strong desire to keep the competition away from the talent.
- pc86 9y agoThere is no such thing as a "fair" salary, especially when you're talking about the differences between $300k, $750k, and $2 million. There is what the market is paying similar people, what leverage you can use to negotiate higher pay, and how much [above|below] market your employer is willing to pay to keep you away from its competition, among other things. The entirely idea that it's "fair" to pay someone $400k a year to do a job but "unfair" to pay them $350k to do the same job is silly.