alt Hacker NewsThat was true early but OpenAI/Anthropic have done a ton of hiring over the past couple years at already-huge valuations, as much on the strength of big current base salary + equity, not just future increase speculation.
That was true early but OpenAI/Anthropic have done a ton of hiring over the past couple years at already-huge valuations, as much on the strength of big current base salary + equity, not just future increase speculation.
Everyone knows there isn't a moat.
No one joins OpenAI/Anthropic unless they think these companies will reach superintelligence.
So most people joining believe their equity will 10-100x even from where it is today.
(Coincidentally, the talent that believes we will reach AGI overlaps a lot with the best talent, which has a magnetic effect.)