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by netcan
320 days ago
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The hyperbole and cliche (corporate greed) makes this trashy, but let me fix it... Big Tech firms with blockbuster products like adwords, aws, iPhone and whatnot... they are extremely profitable. So profitable that the basic business logic of "invest more in the money-maker" reaches reductio ad absurdum. So yeah. A lot of talent is locked up where the salaries are highest. These have so much resources and talent thrown at them that it can start to get wonky. If you are actually hiring up to the point where the marginal 300k engineer causes a net loss of output (not just profit)... you are well into territory that just sucks. That kind of thing happens... and thats also where some of the highest salaries and best talent is. That said... I think AI projects have been a steam valve. This was worse 5 years ago. |
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