Earlier quoted context omitted.
Companies already do pay close to $200k/year for entry level data scientists. (what other kind of scientists are there? The tea-leaf reading kind?) "Data scientist" refers to the guy who can set up a hadoop cluster, do statistics on TBs worth of data, derive useful conclusions and speed it up by tweaking the low level data formats or microoptimizing the calculation. The issue is rarely paying these guys an extra $20k…
How hard can it be, though? Like taking a normal CS person and making them versatile with hadoop and so on? Could it be done for 20K$?
See Zed Shaw's seminal article "Programmers Need To Learn Statistics Or I Will Kill Them All".
http://www.zedshaw.com/essays/programmer_stats.html
Making a math/science person versatile in CS is somewhat easier, but even that can be tricky. Many of them are bored by file formats, architecture, etc, and simply don't have the mindset of of engineering.