AI Jobs Are Paying Up to $900,000

WSJ Tech News Briefing

The Wall Street Journal

Tech News, News

4.3 • 1.7K Ratings

🗓️ 25 August 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Companies are willing to pay eye-watering salaries to fill artificial-intelligence roles. WSJ reporter Chip Cutter explains why businesses outside of tech are offering up to $900,000 a year to fill AI jobs. Plus, the battle to ban TikTok in Montana has one man at its center, state Attorney General Austin Knudsen. WSJ reporter Meghan Bobrowsky joins host Zoe Thomas to discuss his motivations and how a court battle over the law could play out. Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	Join the Wall Street Journal online October 12th for WSJ Pro Sustainable Business Forum
0:05.9	and take away practical advice on how to build a sustainability strategy that's right for your business.
0:11.5	From now until September 21st, you can save 25% on your ticket by registering at WSJ.com
0:18.8	slash Sustainable Business, no code required. That's WSJ.com slash Sustainable Business.
0:25.4	Welcome to Tech News briefing. It's Friday, August 25th. I'm Zoe Thomas for the Wall Street Journal.
0:36.1	TikTok's ownership by Chinese parent company Bite Dance has gotten a lot of scrutiny by
0:41.7	federal lawmakers. They say the app poses a national security risk, but the biggest threat to
0:48.7	TikTok in the U.S. right now is coming from state authorities in Montana, which passed a law
0:55.2	on banning the app. Our reporter Megan Babarowski has been speaking to the man behind that effort.
1:01.2	She'll explain why he wanted to push one of the most popular social media platforms out
1:06.6	of Big Sky Country. But first, Elon Musk's rocket company SpaceX is being sued by the
1:16.4	Justice Department over its hiring practices. The DOJ alleges that between September 2018 and
1:23.3	May of last year, SpaceX discouraged or refused to hire asylum seekers and refugees.
1:30.5	The agency said SpaceX wrongly claimed that it could only hire U.S. citizens and permanent
1:36.4	residents because of federal export control laws. Those laws limit what data or hardware,
1:42.3	certain space and defense companies can share. A SpaceX spokesman didn't respond to a request
1:47.4	for comment, though in the past, the companies denied making hiring decisions based on an applicant's
1:52.5	immigration status. American companies are in the midst of a recruiting frenzy for artificial
2:00.2	intelligence skills, and some are willing to pay huge salaries to hire top talent. An open AI
2:07.3	position in Netflix got attention recently for offering a total compensation of up to $900,000
2:13.4	a year. So why have AI salaries gotten so high? And how much further can they go? Chip Cutter
2:20.6	covers workplace and management issues for the WSJ, and he joins me now. So Chip, what kinds of
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