Even Area Race salaries had been far cheaper
The Apollo program presents one other placing comparability. Neil Armstrong, the primary human to stroll on the moon, earned about $27,000 yearly—roughly $244,639 in as we speak’s cash. His crewmates Buzz Aldrin and Michael Collins made even much less, incomes the equal of $168,737 and $155,373, respectively, in as we speak’s {dollars}. Present NASA astronauts earn between $104,898 and $161,141 per 12 months. Meta’s AI researcher will make extra in three days than Armstrong made in a 12 months for taking “one big leap for mankind.”
The engineers who designed the rockets and mission management techniques for the Apollo program additionally earned modest salaries by trendy requirements. A 1970 NASA technical report supplies a window into these earnings by analyzing wage knowledge for your complete engineering career. The report, which used knowledge from the Engineering Manpower Fee, famous that these industry-wide wage curves corresponded on to the federal government’s Common Schedule (GS) pay scale on which NASA’s personal staff had been paid.
Based on a chart within the 1970 report, a newly graduated engineer in 1966 began with an annual wage of between $8,500 and $10,000 (about $84,622 to $99,555 as we speak). A typical engineer with a decade of expertise earned round $17,000 yearly ($169,244 as we speak). Even probably the most elite, top-performing engineers with 20 years of expertise peaked at a wage of round $278,000 per 12 months in as we speak’s {dollars}—a sum {that a} high AI researcher like Deitke can now earn in only a few days.
Why the AI expertise market is completely different
This is not the primary time technical expertise has commanded premium costs. In 2012, after three College of Toronto teachers printed AI analysis, they auctioned themselves to Google for $44 million (about $62.6 million in as we speak’s {dollars}). By 2014, a Microsoft government was evaluating AI researcher salaries to NFL quarterback contracts. However as we speak’s numbers dwarf even these precedents.
A number of components clarify this unprecedented compensation explosion. We’re in a brand new realm of commercial wealth focus unseen for the reason that Gilded Age of the late nineteenth century. Not like earlier scientific endeavors, as we speak’s AI race options a number of corporations with trillion-dollar valuations competing for a particularly restricted expertise pool. Solely a small variety of researchers have the precise experience wanted to work on probably the most succesful AI techniques, significantly in areas like multimodal AI, which Deitke makes a speciality of. And AI hype is presently off the charts as “the following massive factor” in expertise.
