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by piva00 93 days ago
Huang is absolutely losing the plot, salary is compensation for work done, for time spent away from other things in life, and to sustain your life outside of work.

Tokens as "compensation" falls into the not-even-wrong bucket, tokens are business expenses as input for work.

Edit: it's actually CNBC using deceptive language in the article, not Huang proposing paying people with tokens as brought up by OJFord [0].

[0] https://news.ycombinator.com/item?id=47454487

3 comments

No, it's CNBC that's lost the plot, totally misrepresenting what he said. I commented longer: https://news.ycombinator.com/item?id=47454487
Thank you for correcting the CNBC deception, it makes a lot more sense as part of a budget for devs similarly to educational/conference budgets.
Man, If I had a penny for every time HN jumped the outrage gun over statements taken out of context, or interpreted in bad faith, or over straight up misinformation simply because it's on an unpopular person/topic that's an easy target for people to attack without doing proper due diligence beforehand, I'd be able to afford a DDR5 kit. I'm glad there's people willing to go against the grain to clarify things.
Since pennies are not produced anymore and are exiting circulation, will you take a tokens instead?
Sure, I'm having an amazing time tinkering with LLMs.
That's why it's a discussion board, other commenters more informed about a subject can point out the deception/misinformation by CNBC and make me, uninformed about the actual origins of the CNBC deception, more informed and able to change opinion with more information.

Clarifying things is part of the process, the easiest way to get informed is to be wrong about something on the internet.

Isn't that part of the process? I read the article, I was misled by it (it was clearly framing it as part of the "compensation model"), and someone who had better info corrected it.

I'm very sure you don't do due dilligence and cross-checking every single bit of information you consume daily, you didn't correct it either, and just generated noise.

This is just a ploy to turn part of your salary into tokens. It's not going to be additive in the long term
Many of Nvidia's employees probably use token outside of work. Just like they just cars, heath insurance, and other benefits that many companies provide on top of salary.

If a company can provide a service or product to employees cheaper than the market can, then it makes sense to provide it as a perk.

Company scrip.
That is a valid way to look at it, sure, if you wish to drag along all the not-relevant negative connotations. But this is in addition to salary, so no different than other perks such as a company vehicle. And Nvidia employees could presumably work for other entities. Additionally, the tokens are for a very specific purpose, and not related to a life necessity in any way - you're not buying food with Nvidia tokens as was the case with company scrip.