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That is just not correct. As someone who has done the budgets for PhD hiring and funding, you are just wildly underestimating the overhead costs, benefits, cost
by laughingcurve 2y ago
That is just not correct. As someone who has done the budgets for PhD hiring and funding, you are just wildly underestimating the overhead costs, benefits, cost of raising money, etc.
- zombiwoof 2y agoRespectfully disagree. I had two pHD on a project and spent a total of 120k a year on them.
- 0_____0 2y agoWhat region and what field?
- yifanl 2y agoRight, which is substantially less than the stated $20k/month. edit: I see we're actually in agreement, sorry, I read the indentation level wrong.
- robertlagrant 2y ago> Respectfully disagree. I had two pHD on a project and spent a total of 120k a year on them. Does that include all overheads such as HR, payroll, etc?
- eszed 2y agoHow many PhDs can you afford for $20k a month in your field?
- DebtDeflation 2y agoThe "3-5" is certainly overstated, but you definitely can hire ONE PhD for that price, just as you can hire a SWE for $120K or a knowledge worker for $24K. The point is that from a CEO's perspective "replacing all the humans with AI" looks a lot less compelling when the AI costs the same as a human worker or even a significant fraction of a human worker.
- zeroonetwothree 2y agoAlthough remember that the cost to the company is more like double the actual salary.
- DebtDeflation 2y agoAgain, irrelevant. We're talking about orders of magnitude here. Current pricing is in line with most SaaS pricing - tens of dollars to hundreds of dollars per seat per month. Now they're suddenly talking about thousands of dollars to tens of thousands of dollars per seat per month.
- sailfast 2y agoBeing able to control their every move, scale them to whatever capacity is required, avoid payroll taxes, health plans and surprise co-pay costs, equity sharing, etc might make this worthwhile for many companies. That said, the trade-off is that you're basically hiring consultants since they really work for OpenAI :)
- from-nibly 2y agoThe benefit to an emoloyee is that you don't have to control their every move. They can do work while you aren't even thinking about the problem they are solving.
- Izikiel43 2y agoThe AI can work 24/7 though.
- mirsadm 2y agoDoing what?
- cutemonster 2y agoGenerating prompts to itself and acting on them? (Not saying it's a good idea)
- throwaway3572 2y agoFor a STEM PhD, in America, at an R1 University. YMMV