Financial Actor

@fullpatstack @nic_amadio In Zurich it's more like 8k+

@FinancialActor @nic_amadio 7k is the median salary in Switzerland and you think intern at a startup gets 6k..?

Here's the AI summary: «This video by Nicola Amadio provides a detailed, unfiltered analysis of the tech job market in Zurich and Switzerland as of 2026. He breaks the market down into several key segments and discusses the economic reality for tech workers ranging from juniors to seniors. Core Market Segments: 1. Big Tech (Google, Apple, Microsoft, etc.): The Appeal: Offers the highest salaries in Europe (up to 200k USD for workers in their 20s). [03:00 - here and throughout the post: this indicates timestamp in the video when I talk about this] The Trend: Moving heavily toward R&D and AI (Computer Vision, Robotics, Augmented Reality). [05:51] The Catch: Extremely competitive and a relatively small market (less than 100 open roles compared to hundreds in London). [04:03] 2. Innovative Startups (Deep Tech & Robotics): The Focus: Often founded by ETH/EPFL graduates focusing on “Physical AI” and manufacturing. [10:21] The Reality: Surprisingly low pay. Nicola cites examples of interns making ~3k CHF and full-time juniors earning 60k–80k CHF, which is barely a living wage in Zurich. [14:04] Strategy: These companies “prey” on talented graduates who want to work on cool tech but are underpaid for the cost of living. [15:00] 3. Local Corporations & Subsidiaries (Banks, Pharma, Fortune 500): The Setup: More traditional, boring projects with better work-life balance (8-to-5) and mid-range salaries (90k–150k CHF). [19:55] The Decline: Many of these roles are being offshored to Eastern Europe or Portugal because hiring in Switzerland has become too expensive due to the strong Swiss Franc. [22:08] --- Strategic Advice by Career Level 1. For Juniors/Students: If you can’t get into Big Tech in Zurich, Nicola suggests looking at Big Tech in Poland or Spain. [32:41] He argues that earning 3k EUR (Big Tech Spain intern salary) in Barcelona provides a much higher quality of life and better savings potential than 3k CHF (Zurich startup intern salary) in Zurich. [31:00] 2. For Senior Engineers: Remote is King: Senior engineers can often land 100k–150k EUR remote roles elsewhere in Europe. [35:00] Financially, staying in Zurich as a senior outside of Big Tech often doesn’t make sense once you factor in high costs like childcare (~3k CHF per month per child). [23:04] Unless you particularly like Switzerland’s standard of living. --- The “Yay or Nay” Verdict: Yay: If you are a “Top 1%” R&D talent who can land a Big Tech research role or if you value Swiss stability, safety, and public schools for your family. [35:51] Nay: For the “average” developer. Nicola argues the market is shrinking, wage dumping is occurring, and the “cheat code” of high Swiss salaries for average work is disappearing. [25:56]»

@nic_amadio yes

@FinancialActor do you know many ETH/EPFL startups salaries?

Wrong. 3k is apparently what well-funded robotics startups pay interns in Zurich 🇨🇭. They even flex it on LinkedIn thinking it's a lot of money:

@SimonHoiberg too boring

If you're a founder and a dad, you should move to Switzerland 🇨🇭 - Low taxes - Top quality of living - Family friendly - Clean and calm - Amazing nature And the doors are closing soon! Go to Switzerland. Get into debt if you have to.

@ylli95 no, it really is this green

À chaque fois qu’y a des photos et videos de la suisse ici ils mettent la saturation du vert à +200%

@denisyurchak 30% is not true, it’s 20% and 10% if you do a health check

My business is registered in Austria, and it's probably the worst place in Europe for solopreneurs You will pay 50% of all your income when you reach €83k/year (which is a very mid income for Austria) The social security system in Austria is progressive as well It caps at €90k a year, but expect to pay 40% of your income as social security benefits The funniest part? It covers even less than the regular employee insurance. You'll still need to pay 30% of the cost of your doctor visits, while employees receive coverage at no cost. The system rips you off and discourages you from visiting doctors and caring about your health. High PIT and social security are the reasons why a lot of businesses in Austria go cash and hide money from the state. This obviously only works for physical businesses and things like coaching or consulting. As an owner of a digital business, you have no choice but to carry the whole burden of the system. The system wants you to create a GmbH (local LLC), hire yourself and employees, and pay them a salary. Obviously, this is not an option when you just want to build businesses solo. All of the Austrian solo founders I know are not tax residents here anymore and live elsewhere. If I were to start over, I wouldn't pick to build a business in Austria On the screenshot: the bill I got from Social Security yesterday

@96Stats It's just an MoE, nothing new about that

Wow wow wow.. what DeepSeek have done is actually extremely clever here: Basically they built a massive model with huge stored knowledge, but only activate a small part of it for each token. So they said that V4-Pro has 1.6T total parameters, but only around 49B active at once... which means big power, lower cost. ANDD... even more innovation as they have a 1M-token context. Instead of forcing the model to remember every previous token in full detail, DeepSeek compresses long-context memory and selectively focuses on what matters. Right now China are not even trying to beat Western models on benchmarks, they're trying to make AI cheap, open, and usable at scale. Which is why again Deepseek is smashing it and this news is absolutely going to go viral. Great news!

@AdamPugh The CEO is the captain of a multi-billion ship. Every decision has an impact on millions of people, billions in revenue and millions in tax collection. The captain of such ship has to be paid according to the impact.

Just to make it clear: There will never be a time when it’s morally justifiable to pay the CEO of Tesco £10million. Ever. If you can’t grasp that you’re actually just an incredibly shitty person.

@sudoingX Why do you say that? All evidence points towards some heavy KD to redistribute model weights

to be clear this is not quantization. these models are pretrained with ternary weights from scratch, 1.58 bits per weight throughout the entire architecture, no higher precision fallback anywhere. imagine what happens when kernel level optimization catches up to this, custom cuda kernels for ternary inference on consumer gpus. an 8B model in 1.75gb running at native speed on a 4gb card. this is the direction that makes local ai accessible to everyone not just the 24gb crowd

1.58 bit ternary weights. hear this an 8B model in 1.75 gb. this is the kind of research that makes the "i only have 8gb vram" excuse disappear completely. i've been saying the best model for every gpu tier is the mission. if ternary bonsai holds quality at this compression, the 4gb and 8gb crowd just got a real option. pulling these on beast 5090 to test alongside the 27b and 31b runs. the small gpu benchmark series needs this data

@BastianelliLore @EU_Commission on a national level

@EU_Commission What’s the taxation?

We are introducing EU Inc. To make building and growing a business across the EU faster, simpler, and smarter. 🔸 Start a company in less than 48 hours 🔸 No minimum capital requirement 🔸 Fully online and borderless

@CryptoWolf_sol @bestplayeratlas Is it really this little?

Your job is to find a way to hit $1-3 million and become unemployed by age 40.

@SebJohnsonUK @andreasklinger @prototype_cap @euinc_petition Needs to be 100x of $15m to make a dent

What a week @andreasklinger has had: On Monday he announced his new $15m @prototype_cap fund investing frontier tech across Europe. The very next day the President of the EU announces that it's moving ahead with @euinc_petition Coincidence? I think not

@euacchq @EU_Commission @ylecun @EU_Commission is sitting in such a high horse the they most likely think this is beneath them.

In case someone at @EU_Commission is interested here’s European AI Scientist @ylecun wishlist to make Europe attractive for tech industry Our advice? Call him

@NXT4EU Hopefully never

When do you think Switzerland will join the EU? 🇪🇺 2030, 2040, 2050? Europe is stronger, together!

@NXT4EU Is the leading position in the room with us?

EU to delay AI regulations by 1 year to stay competitive with China and the US During the year, they will be looking if things make sense, which rules are needed, and which ones can go to have Europe stay in a leading position while also safeguarding privacy.

@ericmmatheny Germany 🇩🇪

Name one country - other than the US - where a foreigner can emigrate, refuse to assimilate, condemn the host country for not catering to the foreign culture, collect welfare, and then call the host country oppressive and intolerant.

@NXT4EU Let’s hope it won’t

A European Intelligence Service is coming! 🇪🇺 In the past months, more and more intelligence intelligence officers have been relocated to Brussel, This comes after a call for the EU to create a “fully fledged intelligence cooperation service at the EU level,”

@compliantvc @benln Norway is not in the EU

@benln In Oslo, pending approval from the European Council on Business-Themed Cafes

Where would you like to see Cafe Cursor next?

@michael_kove @SimonHoiberg I guess you've never heard of an MVP before

They took Chromium. Forked it. Wrapped Chatgpt around it. Fine-tuned system prompt. And ONLY shipped in MacOS! This is such a low effort stab at what is inarguably one of most complex and sophisticated market - A Browser. The 500 billion dollar company, ladies and gentlemen. 🤦🏻‍♂️

"Currently only available on macOS" 😒 +70% of users ARE NOT Apple users. And once again, OpenAI pretends that's not a fact and it's getting kinda tiring. This is not a launch. It's a canary rollout to a small subset of users.