Beehaw
  • Communities
  • Create Post
  • search
    Search
  • Login
  • Sign Up
Arthur Besse ( cypherpunks@lemmy.ml )  to Not the Onion@lemmy.mlEnglish · 7 months ago

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

pivot-to-ai.com

external-link
message-square
6
link
fedilink
  • cross-posted to:
  • techtakes@awful.systems
58
external-link

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

pivot-to-ai.com

Arthur Besse ( cypherpunks@lemmy.ml )  to Not the Onion@lemmy.mlEnglish · 7 months ago
message-square
6
link
fedilink
  • 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 …
alert-triangle
You must log in or # to comment.
  • RobotToaster ( RobotToaster@mander.xyz ) 
    link
    fedilink
    arrow-up
    17
    ·
    7 months ago

    Reinventing scrip

  • SpookyBogMonster ( SpookyBogMonster@lemmy.ml ) 
    link
    fedilink
    arrow-up
    12
    ·
    7 months ago

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

    • ☂️- ( umbrella@lemmy.ml ) 
      link
      fedilink
      arrow-up
      3
      ·
      edit-2
      6 months ago

      deleted by creator

  • Kallestar ( Kallestar@lemmy.ml ) 
    link
    fedilink
    English
    arrow-up
    11
    ·
    7 months 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

  • HiddenLayer555 ( HiddenLayer555@lemmy.ml ) 
    link
    fedilink
    English
    arrow-up
    5
    ·
    7 months ago

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

  • balsoft ( balsoft@lemmy.ml ) 
    link
    fedilink
    arrow-up
    4
    ·
    7 months 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 ( belated_frog_pants@beehaw.org ) 
      link
      fedilink
      arrow-up
      1
      ·
      7 months ago

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

      Also investors HATE payroll expenses. Loathe.

Not the Onion@lemmy.ml

nottheonion@lemmy.ml

Subscribe from Remote Instance

Create a post
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !nottheonion@lemmy.ml

For true stories that are so ridiculous, that you could have sworn it was an !theonion worthy story.

Visibility: Public
globe

This community can be federated to other instances and be posted/commented in by their users.

  • 115 users / day
  • 59 users / week
  • 123 users / month
  • 654 users / 6 months
  • 111 local subscribers
  • 3.07K subscribers
  • 273 Posts
  • 928 Comments
  • Modlog
  • mods:
  • Fracture ( FracturedPelvis@lemmy.ml ) 
  • BE: 0.19.15
  • Modlog
  • Legal
  • Instances
  • Docs
  • Code