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Raising the bar for salaries to be so high creates a huge moat for all these massive companies. Meta and OpenAI can afford to pay $100M for 10-20 top employees,
by pu_pe 1y ago
Raising the bar for salaries to be so high creates a huge moat for all these massive companies. Meta and OpenAI can afford to pay $100M for 10-20 top employees, but that would consume the entire initial funding round for startups such as Superintelligence from Ilya Sustskever, who raised $2 billion.
- PlunderBunny 1y agoWhich is what these companies want [0]. So, if you don't have a moat, build one! [0] https://semianalysis.com/2023/05/04/google-we-have-no-moat-and-neither/ https://semianalysis.com/2023/05/04/google-we-have-no-moat-a...