Netflix to offer Rs 7.4 crore annual salary for AI product manager
Netflix to offer $900,000 a year for the position of AI product manager, amid the ongoing protest of writers and actors against high adoption of AI in Hollywood.
Highlights
- An AI Product Manager position at Netflix is being advertised with a huge annual compensation of up to $900,000 (about Rs 7.4 crore)
- Netflix offers salary between $450,000 and $650,000 to a technical director position
As per the recent information, a product manager of artificial intelligence (AI) is needed by Netflix, and the position will pay up to $900,000 a year (roughly Rs. 7.4 crore). Furthermore, it enables remote working and aims to increase the leverage of Netflix's machine learning programme.
The position will be located at Netflix's Los Gatos, California office and allows candidates the option to work from the west coast remote location.
This occurs at a time when Hollywood unions are becoming increasingly concerned about the entertainment sector's growing reliance on artificial intelligence and algorithms. Some experts are of the opinion that receiving such large remuneration for occupations involving AI could endanger both their employment and creative freedom.
Netflix plans to increase AI operations
The primary responsibilities of this role include enhancing Netflix's machine-learning platform and utilising AI to create content.
According to the company's website, "The overall market range for roles in this area of Netflix is typically $300,000-$900,000." A technical director with a focus on generative AI is another high-paying AI career that Netflix has listed, with a yearly compensation ranging from $450,000 to $650,000.
Skills required for the position include written communication and strategic thinking, ability to work with a centralised machine learning platform, followed by the capacity to lead and communicate with Netflix's engineers.
Netflix witnessed a slow growth in shares
Meanwhile, Netflix has recently announced an intensified crackdown against password sharing. The massive OTT streaming company has also started its crackdown in India.
Analysts have further revealed that Netflix’s password sharing stoppage may soon affect the company’s shares after estimating third-quarter revenue that fell short of Wall Street projections.
