The “Positive Disruption: Transformation Revolution” has accelerated
The "Positive Disruption: AI Revolution" has accelerated
The "Positive Disruption: The Personal Digital Transformation (PDT)" is accelerating
genioux Foundational Fact:
AI is having a major impact on the job market, and the demand for AI talent is only going to grow in the future.
The demand for AI talent is rising rapidly, pushing up salaries and prompting companies across industries to refine their pitches to attract and retain these scarce and highly selective professionals.
genioux Fact 1. American companies are engaging in an AI recruiting frenzy and offering salaries up to $900,000 to attract top talent. A product manager position for a machine-learning platform at Netflix lists a total compensation of up to $900,000 annually. The posting for that job gained attention on social media last month amid the strike of Hollywood actors and writers. An Amazon AI manager role lists a top salary of $340,300. Total comp with bonuses can reach $900k.
genioux Fact 2. Recruiters say they see pay edging up because the available supply of AI practitioners is falling short of demand, particularly for midlevel and higher-level positions.
genioux Fact 3. Compensation is a battleground. Aware that in-demand AI specialists can command several job offers, many companies are dangling salaries in the mid-six figures along with bonuses and stock grants to attract experienced workers, recruiters say. ServiceNow's CEO says AI talent is scarce, expensive and highly selective. Companies need to inspire top people.
genioux Fact 4. AI talent is in high demand across industries like retail, CPG, and financial services in addition to tech companies.
genioux Fact 5. Firms across industries like entertainment and manufacturing are racing to capitalize on AI's potential. Hinge and Upwork are advertising VP of AI roles with base salaries from $260k to $400k. The online-dating platform Hinge, a part of Match Group, is advertising a vice president of artificial intelligence role that comes with a base salary of $332,000 to $398,000 a year.
genioux Fact 6. The demand is pushing up pay for AI professionals, especially at mid and senior levels. A senior manager of applied science and generative AI at Amazon lists a top salary of $340,300.
genioux Fact 7. Companies are refining their pitches to stand out, while some are open to acquiring AI startups for the talent. ServiceNow acquired Element AI in 2020 and recently bought another AI company, G2K.
genioux Fact 8. Many roles require advanced computer science, math, or statistics skills. Understanding large language models is also useful.
genioux Fact 9. Companies say they may need to train existing employees because of the shortage of mid and senior AI professionals. Some companies, including Accenture, are building their AI expertise through individual hires and internal training programs.
genioux Fact 10. Not all positions pay as handsomely. A prompt engineer, an increasingly common role, has an average total compensation of about $130,000 annually, according to Willis Towers Watson, which conducts pay surveys among employers. A machine-learning product engineer job comes with an average total compensation of $143,589, according to WTW.
ABOUT THE AUTHORS
Bard's Table of AI Salaries in America
Bing Chatbot's Table of AI Salaries in America
Here is a table of AI salaries in America based on the information I found:
|Company||Position||Salary Range (USD)|
|Netflix||Machine-learning platform product manager||$300,000 - $900,0001|
|Amazon||Senior manager in applied science and generative AI||Up to $340,3001|
|Walmart||Director of retail media AI||Up to $288,0001|
|Lawyer specializing in AI||Up to $351,0001|
|Goldman Sachs||Vice president of applied AI||Up to $250,0001|
|Goldman Sachs||Senior AI engineer||Up to $240,0001|
|Goldman Sachs||Conversational AI data scientist||Up to $190,0001|
These are just a few examples of the high salaries being offered by companies for top talent in the field of AI. The demand for AI professionals is rising rapidly, pushing up salaries and prompting companies across industries to refine their pitches to attract and retain these scarce and highly selective professionals. 😊
Claude's Table of AI Salaries in America
|Role||Company||Base Salary Range|
|Vice President of AI||Hinge||$332,000 - $398,000|
|Vice President of AI and Machine Learning||Upwork||$260,000 - $437,000|
|Senior Manager, Applied Science and Generative AI||Amazon||Up to $340,300|
|Advanced AI Research Scientist||Accenture||$131,100 - $338,300|
|Conversational AI Team Member||Walmart||$168,000 - $252,000|
|AI Engineer||Procter & Gamble||$110,000 - $132,000|
|AI Engineer||Goldman Sachs||$150,000 - $250,000|
|Prompt Engineer||Industry Average||~$130,000 total comp|
|Machine Learning Product Engineer||Industry Average||~$143,589 total comp|
g-f(2)1249: The Juice of Golden Knowledge
Some relevant characteristics of this "genioux Fact"
- BREAKING KNOWLEDGE
- Category 2: The Big Picture of the Digital Age
- The Lighthouse of the Big Picture of the Digital Age
- The "Positive Disruption: AI Revolution" has accelerated
- The internal title
- The Lighthouse of AI Recruiting Frenzy: Compensation Is a Battleground
- [genioux fact deduced or extracted from geniouxfacts + WSJ + Bard + Bing Chatbot + Claude]
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