Grace Hsiao

They're still getting paid like hefty amounts.

How much?

They don't usually disclose, but at least even in the internet era, like a ByteDance product manager can make just as much as a Meta product manager.

Similarly,

If you're like an average AI researcher, you're probably making a similar amount.

Although the star, star players, like the ones that are signing 100 million bonuses, I don't know if we had anything like that big in China.

But look, they made their money with the IPOs.

They made their money recently with all this AI boom.

It's just on a maybe slightly smaller scale.

Doesn't mean that they're not making much more than the frankly average person.

Yeah, I think to start with, in the AI community themselves, I would say people are a lot more pragmatic.

And I think recently I was talking to Nathan Lambert, who is an open source researcher who just came to China to visit all the labs.

He said, look, I was shocked to see majority of labs are so young, as in like a lot of the researchers are still students.

A lot of them are interns.

And the core research teams are maybe led by a handful of people.

And then these people are academics by training.

So

maybe they're a bit less commercial.

Maybe you can say they're less like sophisticated to manipulate the market, whatever you want to call them.

So I definitely feel like there's less of that kind of psychosis or high level narrative going around.