"After years of pretending to be Democrats, Big Tech leaders are now pretending to be Republicans"
A hot potato: In a scathing critique of tech industry leaders, Epic Games founder and CEO Tim Sweeney has accused prominent executives of cozying up to President-elect Donald Trump in an attempt to influence anti-competitive policies. Sweeney's comments, shared on the social media platform X, highlight growing concerns about the relationship between big tech and the incoming administration.
What just happened? In a scenario that the vast majority of us will never experience, Microsoft boss Satya Nadella has seen his take-home pay increase 63% compared to last year despite the CEO requesting the amount he receives be reduced. While Nadella's salary was cut by 50%, other forms of his compensation increased significantly, bringing his total to $79.11 million in fiscal 2024, up from $48.51 million a year earlier.
A hot potato: Most CEOs love generative AI, lauding its ability to streamline companies and make them more efficient – a process that usually involves laying off workers. But wouldn't it be ironic if the chief executives found themselves out of a job, replaced by a machine? A new study suggests AI can perform a CEO role better than a human, but there are scenarios where it struggles, meaning it's more likely to get fired more quickly.
Recap: The tech world was shaken last November following OpenAI CEO Sam Altman's unceremonious firing. The official reasons for the move were vague, and Altman was reinstated as head of the firm a few days later. Now, former board members have given more details on what happened and why, including accusations that Altman cultivated "a toxic culture of lying" and engaged in "behavior [that] can be characterized as psychological abuse."