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> I'm skeptical that all people at these levels are that driven by their compensation. All of your arguments make sense...except that we see people at these l
by ergothus 7y ago
> I'm skeptical that all people at these levels are that driven by their compensation.
All of your arguments make sense...except that we see people at these levels take actions to increase their compensation so frequently, even at the risk of their reputations.
I don't know about Pichai personally, nor can I explain WHY the mega-rich are so interested in getting richer when it can't possibly change their day-to-day or even long-term comfort, but there does seem to be a lot of evidence suggesting they are motivated by that.
- eitally 7y agoI don't disagree, but in the case of Pichai specifically: https://www.bloomberg.com/news/articles/2019-05-29/google-ceo-turned-down-a-big-stock-award-after-lavish-payouts https://www.bloomberg.com/news/articles/2019-05-29/google-ce...
- johannes1234321 7y agoFor some it is a competition. If you are on Forbes' top 10 it can be a sport to "beat" others on that list and rank up. Some (see Bill Gates) see that that competition is of little value and look for ways to spend their fortune in "sensible" ways.
- lonelappde 7y agoIt's silly to say that the person who spent decades scheming his way to to the top that list at the expenses of an entire industry, is not "seeing the value in that competition”. He just mellowed out when he got old and his wife convinced him.
- cameronbrown 7y agoThe rich are interested in getting richer because it's fun. And there are real benefits for thousands of people to growing an organisation. It's easy to justify.