OpenAI boss accuses Meta of trying to poach staff with $100m sign-on bonuses
Briefly

OpenAI CEO Sam Altman disclosed that Meta has been offering staggering signing bonuses, reportedly reaching $100 million, to lure away top talent from his company amid increasing competition for expertise in artificial intelligence. On a podcast, Altman expressed concerns about creating a culture solely focused on financial incentives rather than mission and purpose. This situation mirrors a broader trend in the tech industry, where companies like Meta and Anthropic engage in intense bidding wars for AI professionals, reflecting a booming market and the race toward artificial general intelligence.
Altman remarked on the offers made by Meta, saying they were 'crazy,' yet expressed satisfaction that none of OpenAI's top talent have taken them.
Sam Altman criticized the strategy of offering large signing bonuses as a lure, suggesting it detracts from a mission-driven culture vital for long-term success.
Deedy Das, a venture capitalist, highlighted the absurdity of the AI talent wars, noting that even Meta's competitive salaries of $2 million have not halted talent loss.
Meta's ambitious $15 billion investment in superintelligent AI underlines the escalating competition for AI expertise amongst major players in the tech industry.
Read at www.theguardian.com
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