Developers, engineers, and consultants working with generative artificial intelligence AI are seeing new job opportunities outside of the traditional tech sector.
Non-tech firms listed a wide range of salaries — many of which exceeded $100,000 in base pay. There was a salary range of $250,000 to $300,000 listed for a machine learning researcher position at Jane Street trading firm. Jane Street declined to comment.
According to Aaron Sines, a director at the Austin-based tech recruiting company Razoroo, companies are looking for candidates who have knowledge of artificial intelligence so they can utilize their data more effectively — such as to make better predictions and decisions. AI could be used to estimate crop yields for one agriculture client, he said.
Professionals with knowledge of AI research, machine learning, and deep learning are in high demand,” says Sines.
According to Sines, AI researcher salaries, even at non-tech companies, can range from $150,000 to $250,000 for people with this kind of experience job.
Our clients are acutely aware of that scarcity, which is driving upward pressure on compensation.” he said.
With a base salary between $113,900 and $188,000. Travelers posted a job posting for a data engineer who needs AI expertise. In an earnings call this month, the company’s CEO Alan Schnitzer emphasized the company’s commitment to AI, saying “we have a very significant number of our employees focused on ensuring that we are at the forefront of artificial intelligence.”
On LinkedIn, Peloton Interactive is posting a position for a machine learning engineer with a salary range of $171,600 to $223,000. According to the listing, Alo Yoga apparel is hiring a senior data engineer who will work on AI issues, earning between $160,000 and $220,000 as a base salary.
AI-related roles don’t always require engineering or coding knowledge.
Husch Blackwell is hiring an “AI solutions strategist” who will help its lawyers learn how to use AI tools like Casetext’s CoCounsel, which uses OpenAI’s GPT-4 model. (That’s the same model that passed the bar exam for lawyers in a test.)
According to Casetext’s website, CoCounsel is designed to help lawyers speed up tasks like reviewing contract terms and gathering documents for legal filings.
As VP of customer success at Casetext, Valerie McConnell told Insider, law firm clients can take advantage of the latest advances in legal technology by investing in AI talent and resources. “CoCounsel allows law firms to deliver better results for their clients, but the technology is only enhanced if the user is well-educated about the product.”
Blake Rooney, Husch Blackwell’s chief information officer, explains that the firm is looking for lawyers who understand AI and large language models, as well as some business consulting experience.
Various salary ranges are listed on LinkedIn for the role, going up to $164,000 for applicants in New York. The firm said employees can work at one of its offices, remotely, or in a hybrid arrangement. Bonuses are also available, according to the firm.
As a result, the company has already received “several hundred” applications for the position, and it plans to hire one soon.
“The ideal candidate should be able to engineer a solution to a business problem or technical problem,” Rooney said.
As part of this staffing strategy, non-tech companies like Husch Blackwell are licensing commercially available AI technology like CoCounsel as well as developing some proprietary tools.
Over the past three years, the firm has built a data science team, as well as automated some routine tasks. For example, the firm used OpenAI’s technology to help write the bios of 112 summer interns.
Interns now simply answer a set of questions and their responses help generate their bios, which was previously done by members of the client development team, according to Rooney.
It’s also about keeping up with clients who are themselves embracing AI.
We want to be on the forefront of using the technology, Rooney said.
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