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AI companies try to pay staff in AI tokens, not money
Post Reply RetroFed Forum Forum Index » Not the Onion
AuthorMessage
Arthur Besse lemmy.ml cypherpunks@lemmy.ml
Joined: 2022-01-17
Quote

Link: https://pivot-to-ai.com/2026/03/12/ai-companies-try-to-pay-staff-in-ai-tokens-not-money/
89   Original
ekZepp lemmy.world ekZepp@lemmy.world
Joined: 2023-06-26
#2 · Quote Reply

18
RobotToaster mander.xyz RobotToaster@mander.xyz
Joined: 2023-09-13
#3 · Quote Reply

Reinventing scrip
23
TomMasz lemmy.world TomMasz@lemmy.world
Joined: 2023-06-12
#4 · Quote Reply

The bubble, she is about to burst!
13
troglodytis lemmy.world troglodytis@lemmy.world
Joined: 2023-08-05
#5 · Quote Reply

7
Kallestar lemmy.ml Kallestar@lemmy.ml
Joined: 2025-04-09
#6 · (edited) Quote Reply

You forward 16 prompts, what do you get?
Another day older, and deeper in debt.
Saint Peter (Thiel) don't you call me, cause I can't go
I owe my soul to the AI store
14
HiddenLayer555 lemmy.ml HiddenLayer555@lemmy.ml
Joined: 2024-09-13
#7 · Quote Reply

Who wants to buy some genuine HiddenLayer555 natural stupidity tokens? Guaranteed to be natural, guaranteed to stupid.
7
balsoft lemmy.ml balsoft@lemmy.ml
Joined: 2024-06-10
#8 · (edited) Quote Reply

Ok, so correct me if I'm wrong, but usually the reason you do this is because the cost to produce this benefit is lower than the price you usually sell it for, so you can inflate the claimed value of the benefit, both to appeal to candidates and to write it off on your taxes. But at the moment tokens are usually sold way below cost (i.e. the companies are not profitable), so why the fuck would any company do this? Are they this short on cash now?
4
Trigger2_2000 sh.itjust.works Trigger2_2000@sh.itjust.works
Joined: 2023-08-04
#9 · Quote Reply
Kallestar wrote:
You forward 16 prompts, what do you get? Another day older, and deeper in debt. Saint Peter (Thiel) don't you call me, cause I can't go I owe my soul to the AI store

Well, I was born one morning when the AI didn't shine.
2
Marthirial lemmy.world Marthirial@lemmy.world
Joined: 2024-05-01
#10 · Quote Reply

Sammy gets moist thinking about assholes getting paid in tokens they can convert to crypto to pay for ChatGPT.
2
SpookyBogMonster lemmy.ml SpookyBogMonster@lemmy.ml
Joined: 2023-06-02
#11 · Quote Reply

Oh so we're reinventing company towns... Someone should tell them how that ended last time

13
belated_frog_pants beehaw.org belated_frog_pants@beehaw.org
Joined: 2023-06-09
#12 · Quote Reply
balsoft wrote:
Ok, so correct me if I'm wrong, but usually the reason you do this is because the cost to produce this benefit is lower than the price you usually sell it for, so you can inflate the claimed value of the benefit, both to appeal to candidates and to write it off on your taxes. But at the moment tokens are usually sold way below cost (i.e. the companies are not profitable), so why the fuck would ...

They set money on fire at incredible rates, they are definitely seeking any cash they can.

Also investors HATE payroll expenses. Loathe.
1
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