Companies like Amazon, Netflix, and Meta are paying salaries as high as $900,000 to attract generative AI talent
Companies like Amazon, Netflix, and Meta are paying salaries as high as $900,000 to attract generative AI talent::With not enough AI experts to fill demand, companies are offering competitive salaries.
https://www.businessinsider.com/hinge-meta-nvidia-amazon-walmart-offering-high-salaries-ai-jobs-2023-8Open linkView original on lemmy.world
22 replies
Get ready for the AI bubble to pop!
Dear god it cannot come soon enough
Preferably before it takes everyone's jobs.
If it could do that it wouldn't be a bubble.
It will take more jobs than we expect and will still be a bubble
Just because there isn't a need for a $13M AI driven app that gives you ideas on what to eat for dinner doesn't mean there isn't hundreds of world changing applications
Search, writing, illustration, translation, driving, image editing, 3d modelling, 3d animation, physics simulations, coming up with heuristics on np-hard problems quickly like organizing fleets etc, ...
OK but those applications are just empowering existing jobs not replacing them.
There are of course many industries that will be shaken by generative AI and will need to adapt but I think that when the dust settles they'll all be in a better place and a lot of crud will be washed away. Things like web search / SEO / online ads for example have become super-parasitic and need major housecleaning.
That's like saying the loom empowered weavers instead of replacing them, if you make a workforce work 2x faster, you may up the production as much as wages and recruitment difficulties impeded you, but you only need so much of one industry at the end of the day so you will get unemployment.
But still, the loom's great
It's not gonna pop like crypto. It's gonna pop like the dotcom bubble. There will always be a lot of use for AI
Noooo wait let me get in first and get some money before it pops.
Ba bum
I made some tiddy pics with stable diffusion... Am i a generative AI talent?
how would we believe you without any proof? ...
I think that makes you a degenerative AI talent.
I can almost guarantee these jobs require 15 years of experience with AI technology.
Jokes aside, this is basically the price point for a really good principal engineer, so yes they expect 15 years of experience with AI technology (and it’s foundational roots in ML, modeling, etc).
Imagine how shitty the movies and TV shows are going to be.
Have those companies' movies and TV shows ever been good?
At least they had a plot. Now they can just have the AI create a show or movie and post it straight to the masses.
"They had a plot", strong words ahahahah
That's work one year and retire in Portugal money.
This is the best summary I could come up with:
Since the beginning of this year, the number of listings related to generative AI on the job site Indeed quadrupled, according to data from Indeed obtained by The Wall Street Journal.
Without a big enough supply of experienced AI professionals to fill the demand for these roles, US companies are offering competitive six-figure salaries in attempts to woo skilled workers, recruiters told the Journal.
"This is pure market economics," Paul J. Groce, a partner at executive recruitment firm Leathwaite, told the Journal.
Last month, Netflix made headlines for offering up to $900,000 for an AI-focused product manager role amid the actors' and writers' strikes.
Amazon, Capital One, Meta, and Nvidia did not respond to Insider's requests for comment when asked for specifics about their AI-focused roles.
"As this tech is still so new, there is a race to bring on employees with this skill in order for the company to stay cutting edge," Stacie Haller, the chief career advisor at job site Resume Builder, told Insider.
I'm a bot and I'm open source!
These AI specialists will write scripts? Oh no!