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  • Mal McCallion

The AI Gold Rush: High Salaries and Fierce Competition

Updated: Dec 11, 2023


Are you a whizz with artificial intelligence (AI)?


If so, you might want to dust off your CV, because American companies are in a hiring frenzy, and they're ready to pay big bucks for top talent!


From entertainment to manufacturing, firms across the board are racing to harness the power of AI. They're on the lookout for data scientists, machine-learning specialists, and other tech wizards skilled in deploying this transformative technology.


The competition is fierce. Companies are not only offering sky-high salaries but also crafting compelling pitches to woo applicants away from rivals. Some, like Accenture, are building their AI expertise through individual hires and internal training programmes. Others, like tech company ServiceNow, are open to acquiring smaller AI startups to scoop up talent.


The demand for AI skills is so high that companies are willing to offer salaries nearing the seven-figure mark. For instance, the online-dating platform Hinge is advertising a vice president of artificial intelligence role with a base salary of up to $398,000 a year! Even tech giant Amazon is offering a top salary of $340,300 for a senior manager of applied science and generative AI.


But it's not just about the money. Many candidates want to know that their work will have a significant impact. At commercial real-estate giant JLL, applicants often ask, "Why should I come to the commercial real-estate [industry] and JLL? What kind of impact am I going to have?"


The answer? Decades of property data that can be used in training sophisticated AI models to help in everything from energy conservation in buildings to determining pricing of commercial properties.


So, if you're an AI specialist, it's time to ride the wave. With the demand for AI skills showing no signs of slowing down, it's a great time to be in the AI game. Just remember to buckle up – it's going to be an exciting ride!



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