this post was submitted on 20 Nov 2023
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If you ever needed a lesson in the difference between power and authority, this is a good one.
The leaders of this coup read the rules and saw that they could use the board to remove Altman, they had the authority to make the move and “win” the game.
It seems that they, like many fools mistook authority for power. The “rules” said they could do it! Alas they did not have the power to execute the coup. All the rules in the world cannot make the organization follow you.
Power comes from people who grant it to you. Authority comes from paper. Authority is the guidelines for the use of power, without power, it is pointless.
The problem is the employees were paid too much. They have too much and aren't desperate enough. Need to drop that pay going forward
No working 8-5/6 pm employee, making under 100k a year, is being paid too much
One engineer at a company like this produces literally millions of dollars in revenue and savings. Practically no one is paid "too much" and anyone who says they are doesn't know what they're talking about. Even if they make over 100k.
I can assure even at 200k the company would still be extracting value from most employees. They pay as little as the market lets them get away with.
The only people who are paid too much at these tech companies are the execs, especially the ones who have no clue what they're doing and constantly fuck things up.
$200k a year in Silicon Valley isn't exactly getting anyone a mansion and a yacht.
You'd be surprised.
No I wouldn't be. I work in HR as a Generalist, BS Graduate for business management and human resources management, AND I do payroll..
I see it first hand who is disadvantaged and who is privileged. I see who deserves raises and who didn't do squat for the amount they have been paid (executive teams and presidents/owners) .. Your opinions on who is paid too much, are misguided...
Your username doesn't check out as you clearly are not touching grass
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two Nat 1s?
Snake Eyes?