Page 245 - Are You Future Ready?
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Chapter Four - Right People











                Yann LeCun, a French professor from New York University.
                LeCun  studied  computer  deep learning starting  in the

                1980s. Google recruited Li Feifei, a Chinese-born expert of
                computer vision at the Stanford University in 2016; Yoshua
                Bengio, an expert in artificial neural networks in Canada,
                promised to assist Microsoft. Enterprises have also set up

                laboratories around the world to attract talent. For example,
                Tencent has set up an AI lab in Seattle, U.S. and Baidu has
                a lab in Silicon Valley as well.



                      Surprisingly high pay for AI talent                                  243


                A mountain of demand has caused the salaries and
                bonuses of AI experts to rise. DeepMind, a software
                development company that beat the world GO champion,

                has an average annual salary of USD340,000 (approx.
                HK$2.67  million)  each  for  its  400  employees.  Baidu’s
                Young Leader Programme screens young people below
                the age of 30. The outstanding scientists even in training

                are offered an annual salary of at least RMB 1 million
                (approx. HK$ 1.22 million). For inexperienced Al-related
                positions in the market, the average monthly salary in the
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