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Reply to "The Daily Podcast on CS majors 9.29.25"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]From the WSJ on 8/26: The job market for entry-level workers is in a continued slump. The unemployment rate for new college graduates was 4.8% in June, according to the Federal Reserve Bank of New York, compared with 4% for all workers. While AI is part of the reason for the doldrums, there is a bright spot when it comes to workers with actual experience in machine learning. They’re in their early 20s, they have AI know-how, and a bunch of them are making $1 million a year. “There is a significant salary difference between a machine-learning engineer job and a software-engineer job,” says Anil K. Gupta, a professor at the University of Maryland’s Robert H. Smith School of Business and co-lead of its AI job tracker. Databricks, the data-analytics software company whose value has skyrocketed during the AI boom, plans to triple the number of people it hires right out of school this year, in part because of their familiarity with AI. Many jobs for machine-learning engineers that require zero to a year of experience pay upward of $200,000 a year at companies like Roblox, according to Levels.fyi. The compensation-data provider has seen 42 user-submitted offers of over $1 million from AI companies. Of those, nine candidates had less than a decade of corporate workplace experience, though some might have had Ph.D.s. At Scale AI, which recently underwent a reverse-acquihire deal with Meta Platforms, around 15% of employees are under the age of 25. Right out of school, employees at Scale AI can expect base salaries of around $200,000 a year. “We’re eager to hire AI-native professionals, and many of those candidates are early in their careers,” says Ashli Shiftan, Scale AI’s head of people. Lily Ma, after graduating in December with an AI-concentration computer-science major from Carnegie Mellon University, applied for 30 to 40 jobs. She had interviews with about a dozen. “I did notice that having research experience helps a lot,” she says. (She also interned at Tesla.) The 22-year-old landed at Scale AI but turned down some tempting offers, including from a startup that offered a 1% stake in the company.[/quote] So they aren’t paying entry workers $500,000![/quote] You do know there are bonuses, right? Hence, base compensation.[/quote] That was not the assertion. Try again. Go find a $500,000 salary position- they’re plentiful in fact! This should be easy for you. [/quote] Uh...the assertion is they are making $300k-$500k...not that's it all from base salary. Again, whatever makes you feel good.[/quote] Yay another lie![/quote]
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