Streaming platform Netflix (NFLX) is sharing artificial intelligence job postings offering salaries of up to $900,000. NYU Professor Vasant Dhar sits down with Yahoo Finance Live's Diane King Hall to discuss whether these AI jobs wages are wholly justified amid widespread artificial intelligence adoption and current labor market conditions.
"Assuming [these companies] get some clarity around what AI really means for their business, these numbers are justified," Dhar states. "Now, the trouble is that there's a high variance in people's abilities and skills to actually translate something into real sort of money, business profits."
Inversely, companies have sought value and efficiency through the adoption of AI models this year, resulting in layoffs and projected downsizing.
"We should not conflate the ability of the computer to speak well with knowledge," Dhar says, adding: "The thing to keep in mind is that these pre-trained models make it easy to build applications really quickly, but they'll inherit the limitations of these models."
