Recently, a “machine-learning” product manager position at Netflix came with a total compensation value (salary and benefits) of...

$900,000. It’s not the only company shelling out huge bucks for AI talent. Here’s The Wall Street Journal from last year: American companies are in the midst of an AI recruiting frenzy, and some are willing to pay salaries approaching seven figures to hire top talent.

.. Compensation is a battleground.

Aware that in-demand AI specialists can command several job offers, many companies are dangling salaries in the mid-six figures along with bonuses and stock grants to attract experienced workers, recruiters say. The article went on to list a few other listed AI positions with enormous salaries..

. Online-dating platform Hinge was offering a base salary of $332,000 to $398,000 a year..

. vice president of AI and machine-learning position at Upwork, listed at $260,000 to $437,000 a year..

. and a senior manager of applied science and generative AI at Amazon with a top salary of $340,300. Keep in mind, the largest operating expense for most businesses is labor cost (up to 70% of total business costs).

So, you can be sure that if companies are offering these eye-watering salaries, they’re expecting an enormous return on investment from AI-related positions. And, in fact, PriceWaterhouseCoopers recently put a number on the forecasted economic impact of AI..

. $16 trillion by the year 2030. Of course, this number is so enormous that we have trouble .