Meta has recently recruited over a dozen top AI researchers from competitors, offering significant cash bonuses to compete in the AI sector. However, historical examples suggest that simply throwing money at talent does not guarantee success. The previous experiences of companies like Disney and Yahoo illustrate the risks of hiring talent after they've peaked. The idea that greatness can be purchased may lead to mismanagement and further decline unless deeper issues in innovation and performance at Meta are addressed.
Many examples across sectors and across history show that throwing boatloads of money to poach top talent is never enough. From sports to academia, the road to decline is littered with cautionary tales of misplaced confidence on talent success.
Unless Zuckerberg can stem the underlying drivers of AI and innovation stagnation at Meta, his recent hiring spree may only turn into another cautionary tale. Greatness is harder to buy than it looks.
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