THE FIGHT FOR AI TALENT: PAY MILLION-DOLLAR PACKAGES AND BUY WHOLE TEAMS

Summary from the TLDR newsletter

The AI boom is pushing the industry's talent wars to new extremes, with companies offering million-dollar annual compensation packages and accelerating stock-vesting schedules to draw people with expertise and experience to develop generative AI technologies. This is happening as layoffs continue in other areas of tech. While there is a surplus of software engineers, the number of candidates who have trained large language models from scratch or can help solve vexing problems in AI is scarce. Salespeople in AI are also in demand.