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Payment of the highest dollar for AI talent is not needed 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 the winning formula,” he added.
True innovation does not come from high -paying engineers, but from finding the right people to build the unknown, said the cloud founder and AI of Alibaba AI.
“The only thing you need to do is get the right person,” Wang Jian said in an interview with Bloomberg, published on Monday. “Not really the dear person, because if it’s a new business, if it’s a real innovation, it actually means talent,” he added.
Wang, who built an Alibaba cloud in 2009, said the American technology giants “are” very focused on the existing business success. “
“And existing – this is average for technology,” said the computer scientist. “We have a huge opportunity to look at the technology that no one today knows.”
“What happened in the Silicon Valley is not the winning formula,” Wang said.
Vang’s comments come after the big technology companies pay the highest dollar for the recruitment of elite AI talents, a trend that is likened to sports franchises competing for superstar athletes like Cristiano Ronaldo.
The competition reached another level when Meta CEO appointed Scale, Alexander Wang, last month as part of a $ 14.3 billion deal to take a 49% share in his company. At that time, Altman, CEO of Openai, said Meta had tried to poach his best employees with $ 100 million in signing bonuses.
Just weeks ago, Google paid $ 2.4 billion to hire the CEO and best talents of AI Startup Windsurf and licensed its intellectual property. Openai had planned to buy a windsurfing for $ 3 billion, but the deal fell apart.
“This is a typical way to do things,” said Wang Jian about the Big Tech hiring strategy. The pursuit of the same pool of talents in search is not always a winning move, he added.
“Every time everyone knows these are talents,” said Wang, “It’s better not to receive it.”
“It’s really about vision, you know where you want to go.”
Wang and Alibab did not respond to a request for a comment from Business Insider.
Wang also said that rivalry among Chinese AI companies is not cut.
No person or company can sprint forever, he said. But collectively, the ecosystem can still move fast.