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Paying the highest dollar for AI talent is not necessary for real innovation, said Alibaba Cloud, founder.
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“The only thing you need to do is get the right person,” Wang Jian said in an interview with Bloomberg.
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“What happened in the Silicon Valley is not a winning formula,” he added.
True innovations do not come from highly paid engineers, but when looking for the right people to create an unknown, said Alibaba cloud and AI unit founder.
“The only thing you need to do is get the right person,” said Bloomberg in an interview published on Monday. “Definitely not a dear person, because if it’s a new business, if it’s a real innovation, it basically means talent,” he added.
Wang, which 2009 Created Alibaba Cloud, said American technology giants are “highly focused on current business success”.
“And it exists – this is the average of technology,” said a computer scientist. “We have a huge opportunity to look at the technologies that no one knows today.”
“What happened in the Silicon Valley is not a winning formula,” Wang said.
Wang comments are available after Big Tech pays the highest dollar for Elite AI Talent recruitment, a trend that equates to sports franchisees competing for superstar athletes like Cristiano Ronaldo.
The competition reached another level when Meta recruited the Scale CEO Alexandra Wang last month as a $ 14.3 billion transaction to take 49% of his company’s shares. Then Sam Altman, CEO of Openai, said Meta tried to carry the best employees with $ 100 million.
Just a few weeks ago, Google paid $ 2.4 billion to hire the CEO and the best AI startup Windsurf talents and licensed its intellectual property. Openai planned to buy Windsurf for $ 3 billion, but the transaction collapsed.
“It’s a typical way to do things,” said Wang Jian about Big Tech recruitment strategy. He added that he was chasing the same demand talent fund and not always wins a step.
“When everyone knows it is talents,” Wang said, “you better not get it.
“It’s really about the vision, you know where you want to go.”
Wang and Alibaba did not respond to Business Insider’s request to comment.
Wang also stated that Chinese AI firms are not Cutthroat.
He said no person or company could spin forever. At the same time, however, the ecosystem can still move quickly.