> As of mid-August, Meta had successfully hired more than 20 researchers and engineers from OpenAI for the effort, at least 13 from Google, three from Apple, three from xAI and two from Anthropic for a total of 50-plus new employees.
What makes you think the secrets are small enough to fit inside people's heads, and aren't like a huge codebase of data scraping and filtering pipelines, or a DB of manual labels?
This is a Bighead on the roof scenario. They aren't paying $250m to actually have $250m worth of work produced. They're paying it so that their competition doesn't have it.
If they are worth $250M to not work imagine how much they’d be worth if they said “screw that I’ll spin out my own company and license myself out.” I guess being paid a quarter billion to not work is hard to argue against though.
That implies that the dude can generate $250M+ of value in a couple years. No need to put him on the roof, make him work. But, my point is - doesn't it seem reasonable that if you hire 5 people who take the $50M offer, you have a good chance of getting a better outcome than hiring the one guy for $250M?
The pressure didn't come from investors. Investors expect Meta to increase capex by $30bn next year, a few engineers here or there is a rounding error in financial models.
Pretty aggressive paywall that is blocking archive.is and won't allow viewing a gift link without an account.
Huh, that’s new. I didn’t realize they started doing that.
The rest of us look for cultural fit.
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