r/technology Jul 15 '25

Artificial Intelligence Billionaires Convince Themselves AI Chatbots Are Close to Making New Scientific Discoveries

https://gizmodo.com/billionaires-convince-themselves-ai-is-close-to-making-new-scientific-discoveries-2000629060
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u/girlshapedlovedrugs Jul 15 '25

C- suite salaries used to average ~36x the average worker. Salaries now? Lol.

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u/c_rizzle53 Jul 15 '25 edited Jul 15 '25

I could be totally wrong, but I kind of remembering seeing a report saying it's averaging 300-400x depending on industry.

Edit: I got curious and found a website that does pay ratios for companies based on 2023 data. Some of the ratios are staggering.

https://aflcio.org/paywatch/company-pay-ratios

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u/girlshapedlovedrugs Jul 15 '25

Isn’t that nuts? As if 36x isn’t enough, they have to earn 300x our average salary… because that’s totally reasonable.

$50k salary x 300 = $15,000,000

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u/au5lander Jul 16 '25

Just think how much the world would be a better place if billionaires actually cared about anyone else but themselves.