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submitted 11 months ago by L4s@lemmy.world to c/technology@lemmy.world

Nvidia's employees are suddenly so rich and happy that the company's got a 'semi retirement' problem, insiders say::undefined

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[-] flamingo_pinyata@sopuli.xyz 63 points 11 months ago

Problem? Isn't this the goal of any company - make a lot of money, primarily for the shareholders, but in this case employees are also the shareholders themselves. They are not a charity, they're in this to make money.

One of the rare example of success in capitalism.

(and maybe a taste of what different systems could achieve if we didn't separate ownership and employment)

[-] EmoBean@lemmy.world 20 points 11 months ago

Yeah, really awesome that 2 decades of market manipulation allowed them to be the monopoly on AI. Such good capitalism, when even the longest silicon producer, Intel, can't even compete. I love my two party capitalism.

[-] blanketswithsmallpox@lemmy.world 4 points 11 months ago* (last edited 11 months ago)

Capitalist solution: Pay better.

There's only so many times you can break apart a company that essentially makes 'one' product lol.

[-] EmoBean@lemmy.world -3 points 11 months ago

The solution are the bent sheet metal cans that only take one manufacture, a few machines, and some steel to make. The way folded towels have been dispensed for >50 years. But everyone needs to make money on everything, so having a metal can that you pull one folded paper towel from isn't enough control over the one person that wants to steal the whole thing.

[-] EmergMemeHologram@startrek.website 60 points 11 months ago

Huang answered that working at Nvidia is like a "voluntary sport," so every employee should act like the "CEO" of their own time. He acknowledged that some employees have been at Nvidia for a very long time, and jokingly called them out. These are judgment calls to be made by adults, he added. His broader message was each person should determine how hard they work, but do it responsibly, these people said.

So Nvidia is fine with this, it’s just whiny employees who didn’t get theirs talking to Business Insider.

[-] Wrench@lemmy.world 21 points 11 months ago

Eh. Sounds like it could be very toxic, or just whiny worker bees, we can't tell from the outside.

If the senior folk are basically tenured and produce very little while still holding the reins and preventing upwards movement of the high performers, that's toxic. Basically a rug pull because they got theirs and limit the opportunities for the next generation.

It's also entirely likely that they're doing the work at a level that doesn't include implementing the actual day to day, but the low level workers don't see it, so make bad assumptions.

Who the fuck knows what the reality is.

[-] MirthfulAlembic@lemmy.world 17 points 11 months ago

Sometimes it's really valuable to have a greybeard with no fear for their job who just stops everyone from making stupid decisions that they're too in the weeds to appreciate. Hopefully they're one of the funny ones, and not one who condescends everybody constantly.

[-] SpaceNoodle@lemmy.world 6 points 11 months ago

What if they're condescending, but in a really funny way?

[-] MirthfulAlembic@lemmy.world 6 points 11 months ago

It's ok if they buy lunch for the juniors every one in a while.

[-] SpaceNoodle@lemmy.world 3 points 11 months ago

Gratified to hear I was already doing the needful.

[-] sknowmads@dormi.zone 9 points 11 months ago

Rest n vest is a problem at most of the major US tech companies.

[-] krashmo@lemmy.world 27 points 11 months ago

You mean the companies with more money than most countries? Yeah I'm sure they're really struggling to get enough work out of employees.

[-] sknowmads@dormi.zone 7 points 11 months ago

At a corporate level I agree, I could not give less of a shit.

At a peer level, it sucks, like it would at any job where a team member is dead weight.

[-] SpaceNoodle@lemmy.world 7 points 11 months ago

Huh, maybe I should get back in touch with my colleague who was trying to get me to join him at nVidia.

[-] OldWoodFrame@lemm.ee 4 points 11 months ago

When Panera doesn't pay their employees enough, it's hard to motivate people. When Nvidia pays their employees a lot, it's hard to motivate people.

If we have to pick one, pick the one that allows you to hire basically anyone you want, and hire new people who are motivated.

this post was submitted on 15 Dec 2023
166 points (99.4% liked)

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