News Nvidia's Huang enjoys 'trillion dollar banquet' with 35 Taiwanese semiconductor industry chiefs

[Admin]

Jensen Huang invited around 35 chief executives from various Nvidia partners to lunch, which led to the media calling it the 'trillion dollar' banquet.

Nvidia's Huang enjoys 'trillion dollar banquet' with 35 Taiwanese semiconductor industry chiefs : Read more

 

[LibertyWell]

These CEOs all sit on each others boards and vote themselves higher pay at the expense of their workers and shareholders. Every year their pay packages balloon a little more, with each new high watermark in compensation raising the yachts of all executives (because in CEO land, pay is based on what the other CEOs get) while the boat-less employees get left behind decade after decade. The corporate controlled media then jumps in and trumpets how valuable the executives are based on their completely engineered salaries (because gosh darn it, if the CEOs weren't worth that much they wouldn't be getting paid that much) and people like Jim Cramer jump to their defense like a loaded spring when those stories are challenged for being the propaganda they are.

In 1950 CEOs made 20-1 the average worker. In 1980 it was 42-1. In 2000 it was 120-1. In 2014 it is 204-1.

This did not happen by happy accident. And it concentrated enormous wealth and power into the hands of a few, who then use it to control government policy. This is extremely dangerous to our Republic.

Shatter these companies into a thousand pieces vis the no longer used Sherman Antitrust Act, and the world will know some peace. Don’t bother and it will only get worse from here until there is nothing left to salvage.

 

[alrighty_then]

A significant portion of CEO compensation is tied to company performance, often through stock options and bonuses. So, succes makes them rich. And, this aligns their interests with those of shareholders.

Agreed it's shocking how much CEOs are paid, but it's no mystery how we got here. The system rewards success which is merit-based. The CEO profits, the company thrives, and the shareholders get rich. If the average employee has stock in the company, then they're happy too!

 

[Bigshrimp]

Greed begets greed and the twisted wheel keeps on turning. Over and over the rich get richer and we all suffer for it.

 

[Kamen Rider Blade]

These CEOs all sit on each others boards and vote themselves higher pay at the expense of their workers and shareholders. Every year their pay packages balloon a little more, with each new high watermark in compensation raising the yachts of all executives (because in CEO land, pay is based on what the other CEOs get) while the boat-less employees get left behind decade after decade. The corporate controlled media then jumps in and trumpets how valuable the executives are based on their completely engineered salaries (because gosh darn it, if the CEOs weren't worth that much they wouldn't be getting paid that much) and people like Jim Cramer jump to their defense like a loaded spring when those stories are challenged for being the propaganda they are.

In 1950 CEOs made 20-1 the average worker. In 1980 it was 42-1. In 2000 it was 120-1. In 2014 it is 204-1.

This did not happen by happy accident. And it concentrated enormous wealth and power into the hands of a few, who then use it to control government policy. This is extremely dangerous to our Republic.

Shatter these companies into a thousand pieces vis the no longer used Sherman Antitrust Act, and the world will know some peace. Don’t bother and it will only get worse from here until there is nothing left to salvage.

This is why Salary/Total Compensation caps should be legally put in place.
No more than 9:1 For C-Suite : Average Worker Ratio.
If the C-Suite wants more, than everybody under them needs to get more.

A significant portion of CEO compensation is tied to company performance, often through stock options and bonuses. So, succes makes them rich. And, this aligns their interests with those of shareholders.

Agreed it's shocking how much CEOs are paid, but it's no mystery how we got here. The system rewards success which is merit-based. The CEO profits, the company thrives, and the shareholders get rich. If the average employee has stock in the company, then they're happy too!

I agree with merit based rewards.
But Golden Parachutes should be outlawed.
You don't reward those who fail or get fired.

More Nintendo/Japanese style compensation structure where compensation cuts from the top down if the company performs bad financially.

They only get their compensation restored if the company does well financially.

Put these into law if you have to, to make it enforce-able

 

[derekullo]

These CEOs all sit on each others boards and vote themselves higher pay at the expense of their workers and shareholders. Every year their pay packages balloon a little more, with each new high watermark in compensation raising the yachts of all executives (because in CEO land, pay is based on what the other CEOs get) while the boat-less employees get left behind decade after decade. The corporate controlled media then jumps in and trumpets how valuable the executives are based on their completely engineered salaries (because gosh darn it, if the CEOs weren't worth that much they wouldn't be getting paid that much) and people like Jim Cramer jump to their defense like a loaded spring when those stories are challenged for being the propaganda they are.

In 1950 CEOs made 20-1 the average worker. In 1980 it was 42-1. In 2000 it was 120-1. In 2014 it is 204-1.

This did not happen by happy accident. And it concentrated enormous wealth and power into the hands of a few, who then use it to control government policy. This is extremely dangerous to our Republic.

Shatter these companies into a thousand pieces vis the no longer used Sherman Antitrust Act, and the world will know some peace. Don’t bother and it will only get worse from here until there is nothing left to salvage.

The US can't ever get Tiktok to shatter.
In addition the US can't forcefully break up foreign companies ... might be considered an act of war.

 

[bolweval]

I would rather enjoy a banquet with 35 industry chefs, food would be AWESOME!

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