This podcast episode explores the evolution of stock-based compensation in the tech industry, from stock options to restricted stock units (RSUs). It discusses the importance of aligning executive compensation with shareholder interests, the impact of stock-based compensation on financial reporting, the challenges in valuing stock options, and the potential consequences of a TikTok ban. The episode also delves into the future of AI and the implications of large language models (LLMs) in the industry. Overall, it highlights the need for transparency, accountability, and a balanced approach to compensation and technology development.
