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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

#81

Post by walshemj »

sytelus wrote: post #61

Wow... what a hyped up clickbait article! If you are a top performer in virtually any field in the world, you are likely making 10X than average norms. It doesn’t mean everyone is getting 10X. To get $1M in AI field you will need to have PhD from top institute, probably under well known adviser, might have even written a book, published award winning papers at top conferences and so on. It’s a big list and there are…

is this just salary costs- rule of thumb is an employee costs 3x their salary. However working at the bleeding edge can increase this multiplier a lot as you need a lot lot more support (large clusters, large equipment costs etc)

I used to work at a world leading Rnd Organisation and they where trying to get the OH rate under 500%.

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

#82

Post by aje403 »

tomrod wrote: post #73
aje403 wrote: post #50

Earlier quoted context omitted.

That’s correct, but the pragmatic reality of most companies and data science with respect to internal politics and other bullshit is that they’re not going to find that mobility even if they network internally

Funny -- I actually see that as the single most important factor distinguishing folks making $1MM and $100k. There are plenty of overpaid geniuses, but really even more underpaid geniuses.

I am not in agreement- while I’m sure there are a few, there’s quite likely more people who believe themselves to be underpaid geniuses.

The overpaid genius, at the very least, has a preponderance of evidence that he understood all the math he’s using and has evidence he can innovate with it rather than regurgitating code (maybe that’s slightly too lenient)

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

#83

Post by rmateus »

hinkley wrote: post #76
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

If someone offered me three times what I think I’m worth I would assume something extremely illegal is going on. Like if you talk a ot this they will never find your body.

The problem with that heuristic is that nobody ever thinks he or she does not worth it.

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

#84

Post by kirykl »

tensor wrote: post #60
charlesdm wrote: post #28

Earlier quoted context omitted.

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.

Results don't really matter either, you just need to convince people that you are valuable. Many people in business don't have any sort of "provable" results but have excellent people skills.

Agreed, Results generally only matter for the low level employee and the CEO. In between you can people your way to a career

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

#85

Post by samlevine »

dna_polymerase wrote: post #70
ggg9990 wrote: post #53

Earlier quoted context omitted.

If Bill Gates takes a fancy to a $100,000 mountain cabin and the owner doesn’t want to sell, he could offer $10 million for it, but that doesn’t increase the market value of the cabin.

So by what value is market-value determined then? If X is willing to pay Y the value is Y.

In the context of real estate, what the remaining potential buyers are willing to pay after Bill Gates spends ten million on a hundred thousand dollar property.

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

#86

Post by eeZah7Ux »

dna_polymerase wrote: post #70
ggg9990 wrote: post #53

Earlier quoted context omitted.

If Bill Gates takes a fancy to a $100,000 mountain cabin and the owner doesn’t want to sell, he could offer $10 million for it, but that doesn’t increase the market value of the cabin.

So by what value is market-value determined then? If X is willing to pay Y the value is Y.

Not at all. One buyer does not drive a market.

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

#88

Post by salarydata »

blackbagboys wrote: post #23

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 partic…

$300k. I work at Google, have a few good papers, and a couple years of professional experience, and dropped out of grad school. TBH not really clear that I'm doing much better than peers without ML expertise.

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

#89

Post by rhizome »

zeroxfe wrote: post #19
mmagin wrote: post #15

It isn't really notable that someone makes salary "at a nonprofit". Nonprofit doesn't really mean charity.

Yes, they're not necessarily charities, but _in general_ they pay much lower than for-profit organizations.

To the degree that this is true, my impression is that it's due to poor fundraising departments at those organizations, which appears common enough to be a stereotype. "Nonprofit" really only affects how an organization's taxes are reported, all in all.

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

#90

Post by moresalarydata »

tomrod wrote: post #69
blackbagboys wrote: post #23

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 partic…

From what I've seen, away from the coasts between $70k - $100k. PhD adds about 25k-40k to the figure, depending on industry.

Counterpoint: I'm a data scientist in the Midwest with a non-CS bachelor's degree, earning $125k base.
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