Netflix's Job Post Offering Rs 7.4 Crore Annual Salary For AI Product Manager Goes Viral
At a time when artificial intelligence is largely being seen as a threat to millions of jobs around the world, a job posting by Netflix has gone viral. Reason? The job posting is offering an eye watering amount as salary for an AI related job.
At a time when artificial intelligence is largely being seen as a threat to millions of jobs around the world, a job posting by Netflix has gone viral. The reason? The job posting is offering an eye-watering amount as a salary for an AI-related job.
Netflix's Rs 7.4 Crore Salary For AI Product Manager
indiatimes
Netflix recently posted a job listing for a product manager on its Machine Learning Platform (MLP). Machine learning is a field of artificial intelligence. The salary ranges from $300,000 (Rs 2.4 crore) to $900,000 (Rs 7.4 crore). The role, which is still open, intends to "increase the leverage" of Netflix's machine learning program.
The product manager role will involve utilizing AI across all aspects of Netflix's business, including content acquisition and personalizing user recommendations.
Also, this is not the only new AI position being offered for crores by Netflix.
The company is also seeking to hire a technical director for generative AI at its gaming studio for up to $650,000 a year. Generative AI can produce text, images and video from input data, which could be used to create original content or for advertising purposes, as per The Guardian report.
Netflix¡¯s generative AI efforts have already borne fruit: earlier this month, Netflix premiered a new Spanish reality dating series, Deep Fake Love, in which scans of contestants¡¯ faces and bodies are used to create ¡°deep-fake¡± simulations of themselves, and the company¡¯s gaming department has used AI to produce narratives and dialogue.
Rs 7.4 Crore Salary Job Posting Goes Viral
? Heard the news?
¡ª Ram Prasad (@ramggprasad) July 31, 2023
Netflix is on the hunt for a machine learning product manager?
They're offering $900,000 to help integrate AI into every popcorn-crunching, binge-watching moment of their platform?
Imagine the algorithms: "Watched one sci-fi movie?
Here's 300 more lol
The power of learning how AI works:
¡ª Rajat Soni, CFA (@rajatsonifnance) July 31, 2023
Netflix listed a job for an AI product manager.
The pay is $300,000-$900,000.
¡ª Mathew Jacob (@TheMathewJacob) July 30, 2023
They are definitely moving all chips in on AI.
¡ª Jason Woodland (@jasonwoodland1) July 30, 2023
I will cancel the subscription on Netflix because they offer $900, 000 for using AI tool like that! Shame on Netflix! #WGAStrike #SAGAFTRAstrike ????
¡ª TJ Radway ???????? (@tjradway7) July 30, 2023
Also Read: Why Netflix Once Rejected Amazon's $15 Million Offer To Buy The Streaming Giant
Eye-Watering Salary For AI Job Amid Strike
getty
Steaming giant Netflix has listed this high-paying AI-related job position at a time when actors and writers continue to strike over fair compensation and protections from the encroachment of artificial intelligence. According to the Screen Actors Guild (Sag-Aftra), 87% of the guild¡¯s actors make less than $26,000 per year.
The report mentioned that the use of AI in the production of film and television ¨C either to write scripts, generate actors¡¯ likenesses, or cut corners in paying for creative work, has been a major point of contention in negotiations between the Alliance of Motion Picture and Television Producers (AMPTP) and Sag and the Writers Guild of America (WGA). Writers have been striking since May; the actors joined earlier this month. The first joint strike since 1960 threatens to bring Hollywood to a complete standstill.
And it's not just Netflix, even Disney has also listed several machine learning-related positions, though it has not specified the salary range. During a recent earnings call, Disney CEO Bob Iger, who has called actors¡¯ and writers¡¯ demands for greater compensation ¡°unrealistic¡±, hinted at potential issues the company could face in integrating AI into their business model. ¡°In fact, we¡¯re already starting to use AI to create some efficiencies and ultimately to better serve consumers,¡± he said, as reported by journalist Lee Fang.
Also Read: Woman's Brutally Honest Answer To Startup's Job Offer Goes Viral
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