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1. ghaff+(OP)[view] [source] 2023-11-20 16:06:52
It's a lot easier to sign a petition than it is to quit your cushy job. It remains to be seen how many people jump ship to (supposedly) take a spot at Microsoft.
replies(6): >>treesc+1b >>dagesh+Ld >>oceanp+Ef >>vikram+Jq >>clover+hv >>jedber+bM
2. treesc+1b[view] [source] 2023-11-20 17:00:04
>>ghaff+(OP)
When the biggest chunk of your compensation is in the form of PPUs (profit participation units) which might be worthless under the new direction of the company (or worth 1/10th of what you think they were), it might be actually much more of an easier jump than people think to get some fresh $MSFT stock options which can be cashed regardless.
3. dagesh+Ld[view] [source] 2023-11-20 17:09:55
>>ghaff+(OP)
Given these people are basically the gold standard by which everyone else judges AI related talent. I'm gonna say it would be just as easy for them to land a new gig for the same or better money elsewhere.
4. oceanp+Ef[view] [source] 2023-11-20 17:16:08
>>ghaff+(OP)
Depends on how much of that is paper money.

If you’re making like 250k cash and were promised $1M a year in now-worthless paper, plus you have OpenAI on the resume, are one of the most in-demand people in the world? It would be rediculously easy to quit.

replies(1): >>quickt+bG1
5. vikram+Jq[view] [source] 2023-11-20 17:53:10
>>ghaff+(OP)
those jobs look a lot less cushy now compared to a new microsoft division where everyone is aligned on the idea that making bank is good and fun
6. clover+hv[view] [source] 2023-11-20 18:08:02
>>ghaff+(OP)
I would imagine the MS jobs* would be cushier, just with less long-term total upside. For all the promise of employees having 5-50 million in potential one-day money, MS can likely offer 1 million guaranteed in the next 4 years, and perhaps more with some kind of incentives. IMHO guaranteed money has a very powerful effect on most, especially when it takes you into "Not rich, but don't technically need to work" anymore territory.

Personally I've got enough IOU's alive that I may be rich one day. But if someone gave me retirement in 4 years money, guaranteed, I wouldn't even blink before taking it.

*I think before MS stepped in here I would have agreed w/ you though -- unlikely anyone is jumping ship without an immediate strong guarantee.

replies(2): >>ghaff+vB >>quickt+sH1
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7. ghaff+vB[view] [source] [discussion] 2023-11-20 18:30:11
>>clover+hv
>*I think before MS stepped in here I would have agreed w/ you though -- unlikely anyone is jumping ship without an immediate strong guarantee.

The details here certainly matter. I think a lot of people are assuming that Microsoft will just rain cash on anyone automatically sight unseen because they were hired by OpenAI. That may indeed be the case but it remains to be seen.

8. jedber+bM[view] [source] 2023-11-20 19:08:28
>>ghaff+(OP)
Microsoft said all OpenAI employees have an open offer to match their current comp. It would be the easiest jump ship option ever.
replies(1): >>phlaka+7O1
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9. quickt+bG1[view] [source] [discussion] 2023-11-20 23:12:24
>>oceanp+Ef
I was wondering in the mass quit scenario whether they would all go to Microsoft. Especially if they are tired of this shit and other companies offer a good deal. Or they start their own thing.
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10. quickt+sH1[view] [source] [discussion] 2023-11-20 23:17:39
>>clover+hv
> MS can likely offer 1 million guaranteed in the next 4 years

Sounds a bit low for these people, unless I am misunderstanding.

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11. phlaka+7O1[view] [source] [discussion] 2023-11-20 23:59:14
>>jedber+bM
I dunno. If you were an employee and managed to maintain any doubt along the way that you were working for the devil, this move would certainly erase that doubt. Then again, it shouldn't be surprising if it turns out that most OpenAI employees are in it for more than just altruistic reasons.
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