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OpenAI employees are already quitting en masse in public on twitter. Their pay is majority equity, so its worthless now with a board that says it hates profits
by anonylizard 3y ago
OpenAI employees are already quitting en masse in public on twitter.
Their pay is majority equity, so its worthless now with a board that says it hates profits and money. OpenAI is probably worth 80% less than it did a weekend ago, so the equity pay is also worth 80% less.
Microsoft is perfectly willing to pay those typical AI salaries, because Nvidia and Google are literally doing a recruitment drive on twitter right now. Apple and Amazon are also probably looking to scoop up the leftovers. So Microsoft has to pay properly, and Sam will demand them to, to get the OpenAI team moved over intact. There aren't that many core engineers at OpenAI, maybe 200-300, so it is trivial for Microsoft to afford it.