Since the beginning of this year, the number of listings related to generative AI on the job site Indeed quadrupled, according to data from Indeed obtained by The Wall Street Journal.
Without a big enough supply of experienced AI professionals to fill the demand for these roles, US companies are offering competitive six-figure salaries in attempts to woo skilled workers, recruiters told the Journal.
“This is pure market economics,” Paul J. Groce, a partner at executive recruitment firm Leathwaite, told the Journal.
Last month, Netflix made headlines for offering up to $900,000 for an AI-focused product manager role amid the actors’ and writers’ strikes.
Amazon, Capital One, Meta, and Nvidia did not respond to Insider’s requests for comment when asked for specifics about their AI-focused roles.
“As this tech is still so new, there is a race to bring on employees with this skill in order for the company to stay cutting edge,” Stacie Haller, the chief career advisor at job site Resume Builder, told Insider.