OpenAI’s co-founder and CEO, Sam Altman, criticized Meta for offering 'crazy' $100m sign-on bonuses to poach top AI experts.
Tech giants like Meta are keen on acquiring AI skills to achieve their AI ambitions, facing challenges due to AI skills shortages.
Altman expressed concerns about Meta's strategy of offering significant upfront compensation over focusing on work and mission, affecting company culture.
Despite Meta's heavy AI investments, Altman questioned the impact of AI advancements on improving the world significantly.
Altman believes AI's real impact will be in discovering new science, overshadowing other achievements.
Meta's investment in AI infrastructure is substantial, with plans to increase spending by $65bn in 2025, focusing on superintelligence development.
Meta saw success with its Meta AI chatbot, reaching one billion monthly active users, and acquired a stake in Scale AI for AI development.
Other tech giants like Microsoft and Google are also engaging in the AI talent war, investing heavily and poaching experts.
Venture capitalist Deedy Das highlighted the intense competition for AI talent, pointing out Meta's struggle to retain candidates despite offering high salaries.