Amid concerns that artificial intelligence will replace humans in a variety of fields, from customer service to marketing, AI is creating well-paying jobs in other areas. If you want to leverage AI to make money, you may find many opportunities in a variety of AI-focused roles.
Check out: 30 Best Games That Pay Real Money in 2024
Read next: 6 genius things every rich person does with their money
sponsor: Protect your wealth with a Gold IRA. Take advantage of the timeless appeal of gold with Sean Hannity's Gold IRA.
Professional large-scale language model developers and trainers
Naveen Rao, head of generative AI at data storage and management startup Databricks, recently said on Wall Street that there is a high demand for software engineers who can train large-scale language models (LLMs) and even help solve AI illusions. told Street Journal.
“We're seeing a long-term shift in the talent we're looking for,” she told WSJ, noting there are plenty of engineers but no LLMs. With only a few hundred people in the country qualified for this role, these professionals can earn more than $1 million annually in total compensation, including cash, bonuses, and stock options.
More information: This Amazon side hustle brought in $140,000 in passive income per month
AI sales
However, you don't have to be a technology guru to earn a high salary in the AI field. A search on Glassdoor reveals that sales reps at data.ai, a digital intelligence platform, can earn up to $209,000 a year, with a median compensation of $156,000 including commissions. Ta.
While this salary may not make you a millionaire overnight, sales professionals with an AI focus do very well compared to the average annual salary of $108,530 for other sales engineers. can be accommodated. If you believe in the mission and vision, there's nothing wrong with negotiating stock options or equity ownership in your company.
Become an AI entrepreneur
If you have a high risk tolerance and like the idea of running your own company, you may be able to launch an AI startup. But entrepreneurship is not for the faint of heart. Requires skills, knowledge, and expertise in the field, along with an above-average work ethic. A deep understanding of AI is not enough. You need to know how to run a company or be willing to learn as you go.
For example, Arthur Mensch left Google to start Mistral AI. The company, which was founded less than a year ago, is valued at more than $2 billion, according to WSJ.
Keep your options open
Salaries in the AI talent race may rival those of dot-com billionaires in the early 2000s. But today's workers have even higher expectations and may not be easily drawn to the likes of Nap Pods and Beer Fridays that were common in Silicon Valley at the time.
According to WSJ, technology companies are now hiring entire teams away from their competitors. The job listing includes an offer from OpenAI, the company behind ChatGPT, with a median salary of $925,000.
To maximize your earnings, keep sending out resumes even if you're happy with your current job. If you receive a higher offer, go back to your employer and ask them to beat the other company's offer. You can also negotiate stock, options, and additional perks and benefits. This can lead to lower tax implications and higher returns.
GOBankingRates Details
This article originally appeared on GOBankingRates.com: Are you an AI expert — this is how you can make millions
