A PitchBook analysis found that over 25% of its research leads, or more than 50 key staffers, have left for rival companies or started their own in just the last two years. Their ranks include elite engineers behind leading models like GPT-4 who have left for outsized pay packages at Meta and Thinking Machines.
This exodus could undermine OpenAI’s position as the leading AI innovator, as competitors aggressively court the experts needed to build the next generation of large language models. Despite these challenges, OpenAI is fighting back with new staff retention strategies, including upping compensation for key engineers.
One of the more crucial things about being a good founder is recruiting talent, sourcing talent but most importantly cultivating talent. Looking forward to seeing how this plays out.
This. Churn is a signal though, and maybe #1040555 can offer some insight:
This is a risk. I say this as someone that often has gotten promoted on ability to have good ideas. Management, especially people management, is a whole different ballgame. It takes some skills development that has taken me at least 15 years to truly get.
Ya saw this quote too def stuck out, looks like they are all running small teams with their own researchers at leads. I do think after reading this if it is true and not made up entirely by ChatGPT, they will be just fine recruiting straight from universities around the world. The writer doesn’t allude to that but it’s completely obvious they must keep expanding and promoting from within.
This quote made me laugh tho…
Really a decade??? He simply wouldn’t be able to handle building on Bitcoin. This is almost every person who has come through PlebLab normal schedule, not all the time but most of the time especially during sprints.
Turnover will stay high this way because you'll need some downtime after and then you need the next adrenaline rush project. So it isn't surprising that people leave when its like that.
The difference with the entrepreneurs at PlebLab is that they own their goals. That means you don't have to search for the next challenge given to you: you'll find your own.
Thinking about it, this is maybe even a bigger contributor to the churn.
🎯Great point!
thanks, ill check it out later tonight and respond with some thoughts
If I got a $100m one time payment from Zucc for doing so, I wouldn't think twice either
Ouch! Amazed how Elon is able to get people to work 24/7 at Grok when Meta seems to be offering a great opportunity to quiet quit for millions...
also saw this, but didn't post
As @zuspotirko said, but didn't reports say that the devs were turning down the almighty zuccs offer of hunny milly per year plus hunny milly sign on bonus
That’s wild
only as wild as the gossip teller dispels it
Good point.
That's wild, if true.
I've heard through the grapevine thet they're laying off many as well.
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