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I don't think I've ever understood the motivation behind working for so much money. If I got paid $250M a year, I'd work a year and then live comfortably for th
by ghushn3 1y ago
I don't think I've ever understood the motivation behind working for so much money. If I got paid $250M a year, I'd work a year and then live comfortably for the rest of my life pursuing my passions. Even if the thing I was doing for work was my passion, I'm sure I'd prefer to do it without ownership of that work going to someone else.
- joshdavham 1y agoThis is a great point, but some passions fundamentally require other people and capital. These AI researchers fundamentally need access to tons of compute, data and engineers in order to pursue their passion.
- shostack 1y agoEh, depending on the stress of the work, how much I enjoyed it, etc, $250M can buy a lot of convenience in life that lets you do it for as long as you want and that can be truly transformational generational wealth.
- Buttons840 1y agoYou'll never accumulate society warping amounts of money with that attitude.
- recipe19 1y agoThese aren't annual pay packages. It's some "can't retire on that" base salary plus a promise of gradually vesting equity on a multi-year schedule. For public companies, you'll get that amount if you hang around for x years and there is no sudden decline in market price. For non-public companies (OpenAI), the equity is more pie-in-the-sky.
- yunohn 1y agoMost sources confirmed that yearly effective pay would be 100M level, unlike the normal tech breakdown. OpenAI doesn’t do the usual equity for employees, they famously do profit sharing.
- xandrius 1y agoI'd expect a few millions of annual pay, anyone could retire on that. Whether someone wants to, it's different but having anything beyond $1M available is definitely sufficient, especially if you're sub-40.