Software engineers can still rake in big bucks by working for fast-growing companies
AI and ML
AI's impact on tech business is complicated
If you listen to the AI industry, coders' days are numbered. Despite these concerns, software developers, at least those with experience, appear to be doing just fine at growing companies.
Hiring biz Levels.fyi recently looked at how US compensation for software engineers (SWEs) is related to changes in headcount and found that salary level tends to be correlated with growth.
"Generally, the companies paying the most are also the ones still hiring the most," observed Hakeem Shibly, content marketing manager for Levels.fyi, in a LinkedIn post.
As an example, he pointed to companies like Anthropic and OpenAI where senior SWE offers are said to be around $810,000 and $605,000 annually.
Several large companies with major investments in AI infrastructure occupy a different statistical space – they're still paying well and generating healthy profits, but they're also cutting staff.
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