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Nilay Patel

๐Ÿ‘ค Speaker
11911 total appearances

Appearances Over Time

Podcast Appearances

Decoder with Nilay Patel
Money no longer matters to AI's top talent

Sometimes they're worried that AI is going to imperil humanity, destroy all jobs, and plunge the world into chaos.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

They're really saying these things.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

They're publishing these notes on X in blog posts, or in the case of one former OpenAI safety researcher, by writing a full New York Times op-ed.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

I've been dying to really dig in and try to unpack what's going on with all these talent loops in AI.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

So my guest today is Verge senior AI reporter Hayden Field, who's been covering the revolving door of the AI industry really closely, and also the broader culture that's motivating the AI workers to jump ship and the companies that are ruthlessly trying to hire them.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

Those motivations vary.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

Sure, all these people are paid extravagant salaries.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

But as you'll hear Hayden say, a more stronger motivating force is ideology and mission.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

The people working on AI by and large believe that what they're doing is going to radically change the world, and they're not really in desperate need of more money.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

So that really changes the incentive structures that might push people to leave, say, OpenAI for Anthropic, or to quit Elon Musk's XAI now that it's been acquired by SpaceX.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

At the same time, the incentives of the AI companies themselves are going from raising money to making money.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

Reporting suggests that OpenAI and maybe even Anthropic could go public this year, and doing so would create a historic amount of wealth.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

It would also put new kinds of pressure on these companies to be more transparent about how they spend money and to be much more accountable for returning on the huge investments that they've raised so far.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

There's a lot in this conversation.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

The AI industry right now is full of drama.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

There's big characters, bitter rivalries, lots of money, and really, really long blog posts about the end of the world.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

Okay, here's Verge Senior AI Reporter Hayden Field.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

Here we go.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

I wanted to check in on the state of the tech labor market and how big of a distorting effect AI is having on it.

Decoder with Nilay Patel
Money no longer matters to AI's top talent

Not from the automation perspective, but rather how the behavior of the AI labs and the people who work there is having a major impact on everything around them.