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Arthur Besse@lemmy.ml to Not the Onion@lemmy.mlEnglish · 3 days ago

AI companies try to pay staff in AI tokens, not money

pivot-to-ai.com

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  • cross-posted to:
  • techtakes@awful.systems
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AI companies try to pay staff in AI tokens, not money

pivot-to-ai.com

Arthur Besse@lemmy.ml to Not the Onion@lemmy.mlEnglish · 3 days ago
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12
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  • cross-posted to:
  • techtakes@awful.systems
This week’s big headline is: “Silicon Valley is buzzing about this new idea: AI compute as compensation“. Uh huh. [Business Insider] The idea is that instead of getting paid dollars to work for an …
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  • SpookyBogMonster@lemmy.ml
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    2 days ago

    Oh so we’re reinventing company towns… Someone should tell them how that ended last time

    • ☂️-@lemmy.ml
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      2 days ago

      sssshhh, don’t tell them. let them find out.

  • balsoft@lemmy.ml
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    2 days ago

    Ok, so correct me if I’m wrong, but usually the reason you do this is because the cost to produce this benefit is lower than the price you usually sell it for, so you can inflate the claimed value of the benefit, both to appeal to candidates and to write it off on your taxes. But at the moment tokens are usually sold way below cost (i.e. the companies are not profitable), so why the fuck would any company do this? Are they this short on cash now?

    • belated_frog_pants@beehaw.org
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      2 days ago

      They set money on fire at incredible rates, they are definitely seeking any cash they can.

      Also investors HATE payroll expenses. Loathe.

  • RobotToaster@mander.xyz
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    3 days ago

    Reinventing scrip

  • Marthirial@lemmy.world
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    2 days ago

    Sammy gets moist thinking about assholes getting paid in tokens they can convert to crypto to pay for ChatGPT.

  • Kallestar@lemmy.ml
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    3 days ago

    You forward 16 prompts, what do you get?
    Another day older, and deeper in debt.
    Saint Peter (Thiel) don’t you call me, cause I can’t go
    I owe my soul to the AI store

    • Trigger2_2000@sh.itjust.works
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      2 days ago

      Well, I was born one morning when the AI didn’t shine.

  • ekZepp@lemmy.world
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    3 days ago

  • TomMasz@lemmy.world
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    3 days ago

    The bubble, she is about to burst!

  • HiddenLayer555@lemmy.ml
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    3 days ago

    Who wants to buy some genuine HiddenLayer555 natural stupidity tokens? Guaranteed to be natural, guaranteed to stupid.

  • troglodytis@lemmy.world
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    3 days ago

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