Sam Altman is not the only guy who knows how to monetize things. Also these employees are sitting on 10M+ bonuses that they will NEVER get from Microsoft. At most they will get 250K-500K TC.
Definitely not true. Every big tech company that is in AI right now (Google, Meta, etc) will be offering great sums of money to OpenAI engineers.
The company appears to be imploding, many engineers who are at the top of their game are going to either stay with OpenAI, or move somewhere else.
Considering an engineer at OpenAI is getting paid around 400k right now (levels fyi), microsoft would be foolish to offer them anything lower. Its likely the engineers are being offered closer to a million a year.
Think about it this way: microsoft could buy out open AI for 80 BILLION dollars, or poach 80% of their staff with a million dollars per year.
Even if they hired ALL of OpenAI staff at a million a year (they wont), they’d still have only spent 700 million dollars basically acquiring openAI, versus the 80 billion it would have cost to buy them a week ago.
Sam Altman is not the only guy who knows how to monetize things. Also these employees are sitting on 10M+ bonuses that they will NEVER get from Microsoft. At most they will get 250K-500K TC.
Salesforce has issued an open offer to all OpenAI employees. They will match both salary and equity.
I wonder how real this threat really is.
Sam Altman is not the only guy who knows how to monetize things. Also these employees are sitting on 10M+ bonuses that they will NEVER get from Microsoft. At most they will get 250K-500K TC.
Definitely not true. Every big tech company that is in AI right now (Google, Meta, etc) will be offering great sums of money to OpenAI engineers.
The company appears to be imploding, many engineers who are at the top of their game are going to either stay with OpenAI, or move somewhere else.
Considering an engineer at OpenAI is getting paid around 400k right now (levels fyi), microsoft would be foolish to offer them anything lower. Its likely the engineers are being offered closer to a million a year.
Think about it this way: microsoft could buy out open AI for 80 BILLION dollars, or poach 80% of their staff with a million dollars per year.
Even if they hired ALL of OpenAI staff at a million a year (they wont), they’d still have only spent 700 million dollars basically acquiring openAI, versus the 80 billion it would have cost to buy them a week ago.
And they’d lose out on every single thing they built in-house.
Don’t assume Google, Inflection, Anthropic etc. are more than 1 yr behind.
Salesforce has issued an open offer to all OpenAI employees. They will match both salary and equity.