The Modern World of Artificial Intelligence and the high salaries that go along with it

The Future is Now

It’s been over 60 years since the phrase “artificial intelligence”, or AI, came to exist.  When you hear that phrase, first coined by John McCarthy in 1955, it most likely conjures up images of flying cars, robot butlers and a utopian society. However, as the science of AI continues to mature, it would seem that those “sci-fi” ideas of the past barely scratched the surface of what artificial intelligence is truly capable of.

The Business of AI

The growth potential of AI is evidenced in the extensive investments throughout various industries. According to a study released by Paysa, the investment in AI by US companies alone is $1.35 billion, with sectors like big tech, financial services, and IT infrastructure leading the way. There are some familiar names leading the “artificial intelligence” charge as Amazon, Microsoft and Apple are the tops in total investment dollars. Based on this, it is clear that the brightest minds in business see a profitable future for AI.

How Can You Benefit From AI Now

The common concern with the rise of artificial intelligence is that it will render humanity obsolete while causing all of our jobs to disappear. Now you can certainly sit and wait patiently with the masses for these captains of industry to release trinkets of AI applications into your life. Or you can get in on the excitement by being part of this booming industry. High paying and fascinating artificial intelligence related jobs are on the rise and businesses are willing to pay a premium for top talent capable of unleashing the power of AI.

According to the Paysa study, the top 10 highest-paying salaries for AI engineers range from $227,000 up to $315,000. These aren’t a bunch of fly by night, Silicon Valley startups either. The top 10 list includes such established players as Walmart, Facebook, and Google.

But it’s not just the technical development of artificial intelligence that will shape your employment opportunities. As new AI applications are integrated into our lives, the nature of jobs will evolve. Just as we no longer need telephone switchboard operators, some of today’s jobs will be replaced with the next generation of needed skillsets. Unique opportunities such as personal memory curator and man-machine teaming manager highlight that list.

To illustrate the lucrative nature of AI specialization, we can look at how giant companies are paying their AI engineers:

  • Uber- AI engineers at Uber make $314,746
  • Netflix- An AI engineer working at Netflix earns $264,799
  • Facebook-  The average pay of an AI engineer is $257,846
  • Salesforce- Salesforce pays its AI engineers $248,281
  • Walmart labs- The pay is $265,698
  • Google-  AI Engineers are paid $236,388
  • Splunk- The average pay of an AI engineer is $227,202
  • Coupang-  An AI engineer working at Coupang earns $234,348
  • Apple-  The average pay of an AI engineer is $227,094
  • Twitter- Twitter pays its AI engineers $230,639  

Parting Shot:

As seen above, these large companies spare no cost in acquiring the AI talent. These companies pay their employees very well. The future of artificial intelligence is here and the time is right to embrace the opportunities AI will bring your way.The Modern World of Artificial Intelligence and the high salaries that go along with it