Top neural net engineers are getting paid $5-20M annual compensation packages
twitter.com
twitter.com
It is worse on Twitter.
What's worrying though, is this looks like a sort of wave of feedback loops. We go through these hype cycles, we had the uber economy, we had self-driving eating the world, we had crypto replacing the USD. And each hype cycle has gotten larger, and closer together. Each hype cycle more grand than the rest - this hype cycle is basically promising the end of the world. What happens when these technologies do deliver something - but not the singularity. What is the next hype cycle? Or do we finally face a real, massive bust, where investors have gotten so burned at this point that they really do start walking away from these stories.
You go to MIT because MIT is a social filter that gives you access to world class opportunities that are almost impossible to get otherwise. Anyone who has an opportunity to go to MIT should do whatever they can to try to get in.
This is true if you limit it to the typical (non-research) undergraduate experience. But there are experts from top universities whose work is not accessible outside of academia. More practically, the university atmosphere also acts as a forcing function due to the requirements and competition. Add to that the fast feedback loop provided by some of the top minds (both teachers and peers). The chance that a self-taught engineer is as effective in their chosen field as an MIT graduate with even average grades is exceedingly low.
> You go to MIT because MIT is a social filter
Many go to MIT because it is (or at least they believe it is) the place to further their learning beyond everything else available. You're implying the social filter and network is the only benefit, which is simply not true. Even controlling for what it takes to be accepted in the first place, do you honestly think that MIT graduates do not gain anything from their time attending the institution other than the bona fides?
I give no advice for moving into NN work, there's a dearth of those engineers on the market, and a lot of jobs requiring N years of prior experience with a graduate degree (good luck hiring!).
This says very little about the job and more about cost of the top. Not sure what the point is if this tweet. Be the top of your game and make a tonne of money.
So, if you do it and clear 5m a year for 3-5 years, at least you know you can retire peacefully in the new hellscape.