this post was submitted on 15 Dec 2023
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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 62 points 2 years ago (2 children)

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 2 years ago (1 children)

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 2 years ago* (last edited 2 years ago) (1 children)

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 2 years 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.

[–] sknowmads@dormi.zone 11 points 2 years ago (1 children)

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

[–] krashmo@lemmy.world 27 points 2 years ago (1 children)

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 2 years 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 2 years 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 2 years 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.