OpenAI’s median total compensation package for a Software Engineer is $900k, just shy of a million dollars. The catch is that instead of traditional equity grants, OpenAI issues Profit Participation Units (PPUs).

OpenAI distinguishes itself from the majority of startups by providing PPUs to its employees instead of traditional stock options. To put it simply, while exercising options grants ownership to a portion of the company itself, PPUs represent ownership of a percentage of the company’s *profits*.

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The article “Why AI Will Save the World” by Andreessen Horowitz talks about how AI can augment human intelligence to make outcomes of intelligence much better. It also talks about how AI can help in creating new medicines, solving climate change, and reaching the stars. The article also clarifies that AI is not killer software or robots that will spring to life and decide to murder the human race or otherwise ruin everything, like you see in the movies. Instead, it is owned by people and controlled by people, like any other technology.

Here is the full article: Why AI will save the world