Comment Re:Retirement (Score 1) 32
The $100M bonus, if not an exaggeration, is probably restricted stock/options which will require you to be there four years to get all the money.
The $100M number seems too high to be realistic to me. For reference, Tim Cook's total compensation last year was $60M. Since his compensation is probably heavily tilted toward equity, we can assume that what he was actually paid in grants (the value of the stock/options when they were given, but not yet vested) was probably more like $15-30M. If Altman had said $1M, I would have easily believed him. Had he said, $10M I would've had doubts. But he said $100M and that's clearly absurd.
I wonder if it's the case that the people being targeted having $100m+ in OpenAI stock options, and those options go away if they jump ship to Meta. That would explain why they might be sticking with OpenAI because they believe it can succeed.
Meta pulled in $160B last year, so a couple billion trying to buy the industry's top AI team isn't a terrible idea, though I'm not sure it will succeed. I think OpenAI has the lead, but the quality of LLMs are starting to converge and OpenAI's lead at this point is mostly mind share.