Unequal Bets made headlines as Meta reportedly offered OpenAI engineers sign-on deals worth up to $100 million, according to MSN. For context, that figure exceeds African fintech unicorn Flutterwave’s total reported revenue for 2024—earned across all operations—to secure one AI expert……READ ORIGINAL & FULL CONTENT HERE
Key Points
Meta reportedly offers stock-based packages worth $100 million to AI engineers.
OpenAI has lost multiple staff members to rivals amid growing competition in the AI industry.
Flutterwave’s 2024 revenue was approximately $95 million, by contrast.
One engineer’s pay now outpaces the total earnings of a major African startup.
Unequal Bets speaks to a world where one salary now equals a continent’s startup success. The AI revolution truly feels out of this world—and so do the wages. As brains become billion-dollar bets, we’re left watching the gap between builders and bidders grow wider. The question isn’t just “who’s worth it,” but “who decides what’s worth it?”..…READ ORIGINAL & FULL CONTENT HERE
If unequal bets value one engineer above a unicorn, are we funding innovation, or something more challenging to name?
Sources: MSN, Flutterwave