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A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

nytimes.com

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Re: A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

#21

Post by notahacker »

The top players in a field with a lot of commercial potential can claim high salaries, even for doing quasi-academic research mostly on things they want to research.

That said, I'm reminded the champion of the effective altruism movement made his name arguing that charities ought to rigorously audit their efficiency in turning donations into results before recommending $30m of foundation cash went to this particular speculative nonprofit research project his roommate and future brother in law happened to work at...

Re: A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

#22

Post by cabaalis »

zitterbewegung wrote: post #16
iampims wrote: post #9

Earlier quoted context omitted.

That’s impressive. Time to hire a front end engineer and designer though.

You can do with a bad front end design if you are doing b2b since you don’t get leads from your websites but instead from meeting people .

This is absolutely true. Our company's website leaves much to be desired (and I'm in charge of it!) but we do not solicit or receive leads from it.

Re: A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

#23

Post by blackbagboys »

So a tiny handful of top performers - plausibly few enough that you could fit them all on a schoolbus - in an ultra-hot technical field are raking in huge sums, for the moment.

Unless you are a top professor at an R1 research university or have a PhD from an R1 university studying under the other top minds in the field or are otherwise in the most elite fraction of the profession, it doesn't sound like this is particularly useful information for the average practicing or aspiring data-tician. What's the typical salary for someone with, say, a two-year professional masters?

Re: A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

#24

Post by malux85 »

jedbrown wrote: post #12
malux85 wrote: post #7

Earlier quoted context omitted.

It's experience in the two examples I gave : I singlehandedly built my company : RAMM Science ( https://ramm.science ) And he singlehandedly built one of Europes largest online betting system backends (and scaled it to 800 transactions a second using Deep Learning, Kafka and a Hadoop cluster)

Is that a real company? Your website is all "lorem ipsum ...". https://ramm.science/x/signalbox/

hahahaha you made me slap my forehead, someone did tell me that the other day and I forgot to fix it. thanks for reminding me!

Re: A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

#26

Post by the_watcher »

jedbrown wrote: post #12
malux85 wrote: post #7

Earlier quoted context omitted.

It's experience in the two examples I gave : I singlehandedly built my company : RAMM Science ( https://ramm.science ) And he singlehandedly built one of Europes largest online betting system backends (and scaled it to 800 transactions a second using Deep Learning, Kafka and a Hadoop cluster)

Is that a real company? Your website is all "lorem ipsum ...". https://ramm.science/x/signalbox/

I'm not seeing any lorem ipsum at this url.

Re: A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

#27

Post by malux85 »

zitterbewegung wrote: post #16
iampims wrote: post #9

Earlier quoted context omitted.

That’s impressive. Time to hire a front end engineer and designer though.

You can do with a bad front end design if you are doing b2b since you don’t get leads from your websites but instead from meeting people .

yeah this is correct, I get sales through word of mouth and resellers, the website is really just a holding page

Re: A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

#28

Post by charlesdm »

miketery wrote: post #4
malux85 wrote: post #2

Not unusual for people at the top of their game. I just turned down a 2M a year offer, and I have a friend who is making 2.9M USD. It's just a value proposition, he makes the company a lot more than 2.9 million a year, and when you negotiate you negotiate on value (and not on time) then you can justify these salaries.

What qualifications or degrees do these people posses?

Degrees don't matter. (Business focused) results and a track record of delivering do. Still impressive remuneration though -- he must be adding tens of millions in profits to the bottom line.

Re: A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

#29

Post by jdavis703 »

mmartinson wrote: post #11

"Mr. Zaremba said big tech companies were offering him two or three times what he believed his real market value was" Seems this fellow knows a whole lot more about computers than he does markets hahaha

Sure, his statement contradicts the classical definition of market, but we all know markets can become divorced from reality during bubbles. I'm assuming that was his real point.

Re: A.I. Researchers Are Making More Than $1M, Even at a Nonprofit

#30

Post by derefr »

mmartinson wrote: post #11

"Mr. Zaremba said big tech companies were offering him two or three times what he believed his real market value was" Seems this fellow knows a whole lot more about computers than he does markets hahaha

He might be trying to say that there are enough people like him in the market that it really shouldn't be a seller's market; but those others are mostly undervalued/ignored, while his value has been artificially inflated because of the (incorrectly!) perceived rarity of his skills.

This is the pattern that goes on all the time inside companies: constant attempts to hire talent from the outside, coupled with complete ignorance of the skills (perhaps developed post-hire) of their existing employees. I know more people than I can count who know everything required to be doing "data science" for a company, but—since they were hired to be maintenance dev-ops people—they will never be considered for "promotion into" a data-science role when there's a vacancy.

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