Comment by melvinmelih
2 years ago
I suspect very little people joined OpenAI for their noble non-profit mission after they introduced their for-profit subsidiary. OpenAI compensation was and still is top notch. Compare it to Signal, which is a true non-profit (and salaries are a lot lower).
Nonprofit status relates to the absence of investor payouts, and doesn't fundamentally have much to do with pay levels. Some employees can be on occasion willing to accept lower pay when the motives are altruistic, but most employees at nonprofits are paid (have to be paid) market rate.
> > Nonprofit status relates to the absence of investor payouts
The people at the helm of the first organization which cracks AI won't have any need for money
Im trying to find some of those rich people who dont need money/bitcoin - so they can send me some!
3 replies →
Signal employees make $400k to $600k a year. How much is OpenAI paying?
https://projects.propublica.org/nonprofits/organizations/824...
Interesting, but deceptive. Those are, as noted, "Key Employees and Officers." I just assume most employees with the title "Software Developer" aren't making over five times what Moxie is making.
Nov 13 article: "OpenAI recruiters are trying to lure Google AI employees with $10 million pay packets"
https://www.businessinsider.com/openai-recruiters-luring-goo...
also, this shows $900k+ for L5 w/ 3-4 yoe: https://www.levels.fyi/companies/openai/salaries/software-en...
Your number seems to be coming from a very small sample size (single digit N?), and GP's link is only about "key" employees like CxOs, VPs and top-ranking engineers.
I wonder what a median rank-and-file employee at these companies make.
1 reply →
What are the credentials for the entry-level paths to positions? A phd?
... looks like this has been the case for a while (since inception)
https://www.nytimes.com/2018/04/19/technology/artificial-int...
Looks like double to triple of what the same level at MSFT fetches https://www.levels.fyi/?compare=Microsoft,OpenAI&track=Softw...
Few