Communications of the ACM
Search for AI Talent Sends Salaries Soaring
A product manager position for a machine-learning platform at Netflix listed total compensation of up to $900,000 annually.
Credit: Getty Images
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.
Firms in industries such as entertainment and manufacturing are racing to seize on the potential of artificial intelligence by wooing data scientists, machine-learning specialists, and other practitioners skilled at deploying the technology.
The rush to hire is pushing up pay for technical professionals. Many companies are dangling salaries in the mid-six figures along with bonuses and stock grants to attract experienced workers. Some say they are open to acquiring smaller AI startups as a way to scoop up talent.
Others have said they would need to train existing employees to take on AI projects. "Companies realize that you cannot hire your way out of this," says Vinay Menon, a senior client partner at Korn Ferry.
From The Wall Street Journal
View Full Article – May Require Paid Registration
No entries found