Get Your Share of the AI Gold Rush

November 1, 2017 - 3 minutes read

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Artificial Intelligence (AI) is more than a big buzzword; the potential for profitability can’t be exaggerated. Companies like Microsoft, Google, and Apple, are utilizing AI in many different capacities, hoping what they find or create will be the next big thing. These companies are recruiting experienced and entry-level AI engineers with unbeatable salary offers.

AI, combined with machine learning and data science, will revolutionize how corporations conduct business, how we live at home, and how we all interact with the world around us.

An Everchanging Industry

The New York Times recently reported on how much Silicon Valley companies are paying to acquire experts and less-seasoned AI professionals. With large, seemingly unlimited budgets, these companies reportedly pay up to $300,000 to $500,000 per year. Management is paid even more, with a former Google self-driving technology engineer making around $120 million in incentives.

Since when is AI so valuable? The answer lies in business development plans going back as far as 15 or 20 years. Companies have always played a risky game of trying to guess what their ideal customer wants. With AI, you get a product that’s constantly, intelligently re-tailoring itself to fit your preferences. Customers no longer need to settle for a generic product that everyone else has. They expect something that is always improving

A Future Where AI Is Everywhere

Smart home products, like Alexa and Google Assistant, are replacing Apple’s Siri due to the versatility that their AI affords them. Some experts even predict smartphones will be out of use by 2025, replaced by things like Alexa at home, a smart car to take you everywhere, and self-maintaining home features. Your home’s security system will be incredibly smart, keeping track of who’s coming in and out, communicating with Alexa and your home to adjust to your favorite settings.

Inevitably, there will be a transition and noticeable learning curve as more San Francisco developers start pivoting towards AI to meet the skillset demand from local startups. But what most developers don’t realize right now is that the big tech companies want their names on the innovation, hence the high salaries. Just think, if there’s this much money involved when working for someone else, how much could be made if you started your own AI company?

There’s Never Been a Better Time to Be in AI

You probably had an inkling that the future was heading in this direction if you’ve been keeping up with tech news. But AI developers across the world are sitting on enormous cash cows with their knowledge and willingness to program new products.

So if you’re even remotely interested in AI, get started on an idea or two now. There’s a lot of money for the taking, whether you’re ultimately hired into a large tech company or you start your own.

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