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Nilay Patel

πŸ‘€ Speaker
13207 total appearances

Appearances Over Time

Podcast Appearances

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.

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

People are leaving OpenAI for Anthropic or vice versa or going to some other lab or quitting to go live in the woods basically every week right now.

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

Usually it's someone high profile leaving the safety team or some other division of a big AI lab and then joining another one a few days later.

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

Sometimes they quit only to announce they've been poached a couple weeks later.

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

Sometimes they quit and say we're all going to die and that they're going to retire to Europe to write poetry, which we just saw with an Anthropic researcher who left the company this month saying, quote, the world is in peril.

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

That's just a little worrisome.

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

You follow this industry every day.

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

How would you characterize what's happening in the AI industry right now, just in terms of people getting new jobs and quitting their old jobs?

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

Can I ask a really rude question?

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

How much does any single AI researcher make or break any single AI company at this point?

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

When you say that people are leaving because of their personal mission,