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American companies are in the midst of an AI recruiting frenzy, and some are willing to pay salaries approaching seven figures to hire top talent.  

TLDR

  1. American companies are aggressively recruiting AI talent and offering salaries approaching seven figures to attract skilled professionals.
  2. Companies in various industries are seeking data scientists and machine-learning specialists for AI-related roles.
  3. The competition to hire AI experts has led to rising salaries, with companies using bonuses and stock grants to entice experienced candidates.
  4. Job listings related to generative AI have increased, but they're still fewer compared to engineering and data-oriented tech roles.
  5. Supply of AI practitioners is falling short of demand, particularly for midlevel and higher-level positions, contributing to higher salaries.
  6. The online-dating platform Hinge, Upwork, and Amazon are among the companies advertising high-paying AI positions.
  7. Companies like UKG are trying to hire AI leaders while also retraining existing engineers for AI projects.
  8. Total compensation for AI roles can include bonuses and stock-based grants, significantly elevating overall pay; some roles offer up to $900,000 annually.


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Comments

Anonymous

Impressive figures! Looks like I need to retrain haha. My field seems oversaturated with Junior positions paying pittance asking for years and years of experience. How are you supposed to get years of experience if nobody will hire juniors who have none yet!?

Anonymous

And this will bolster inflation

Anonymous

That’s huge. Besides ChatGBT, what are you guys using for an AI advantage?

Anonymous

Feels like the 90s again. :) Let's see what survives after .AI.

Anonymous

I remember a couple years ago when they were pulling folks out of schools and paying large salaries just to get projects going. I can’t imagine the frenzy now.

Anonymous

I wouldn't want to be a coder today. Maybe they can learn to mine coal?

Anonymous

These really high paying jobs aren’t secure. Salaries that high can’t be maintained

Anonymous

Soooo, let me pose this Q to you. My cousin works at Amazon as a senior SDE. His 4 year package is 2 million USD. You really wouldn't want to be a software engineer? If you're good and you're getting paid big now, it doesn't really matter if you are made redundant in 5~7 years, IMO.

Anonymous

$700K packages to a trillion-dollar market cap company is a drop in the bucket. And it's not like they need an army of people making that much. It's probably a fairly small lot making that much and a bunch of other devs making 200k packages.

Anonymous

Yes, I was obviously referring to the .005% of senior coders making $2m per year and not the vast majority whose jobs are already being eliminated by AI. Ask your cousin about Amazon's CodeWhisperer AI tool.

Anonymous

Any salary is sustainable if there is an ROI. The vast majority of coders will not provide any ROI when AI is fully employed. And the AI coding assistants being developed appear to be the best application of AI right now.

Anonymous

I work in Amazon on the e-commerce side in logistics. The pay isn't quite as good. LOLOL. I've never heard of CodeWhisper. I'll ask him. He's in the Lambda department which ins't AI or ML, so not sure if that's relevant to him.