Is Deepmind too expensive at $500M a year?
There have been several media articles the past few days scoffing at the $500M annual loss that Deepmind is making for its owner Google. Is that a lot of money? Yes, it is. Is it actually expensive? Well, that depends on what you compare it to.
So for those of you who don’t know, Deepmind are effectively the Yankees of A.I. research. The best of the best. Most trophies, all that. So yes, the total salary of almost $500M divided by just 700 employees seems excessive. But these…