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00:00:00
>> Lines at this computer science career fair stretch on and on and that should be good news for recruiters. There's a race to develop newer and better artificial intelligence. Tech giants compete with startups for the best and brightest in the world of machine learning. But even with lines such as this one, there just isn't enough talent to meet the demand.
00:00:21
I'm Reuters' Ann Saphir, here at University of California Berkeley Career Fair for Computer Science and Electrical Engineering students. There's Google, there's Facebook, the large companies are here. There's a number of self-driving car companies that are here and a lot of smaller tech companies. I spoke to some of the recruiters of some of these smaller companies.
00:00:41
They're finding it very hard to attract to the kind of machine learning, artificial intelligence talent. Just because there's so many larger companies, deep pocketed companies that they're competing with for this talent.>> Glassdoor, an HR website, says job postings for machine learning and artificial intelligence related jobs doubled in the past 11 months.
00:01:03
But AI job seekers rose only 15% over the past two years according to another online jobs website, Indeed.com. The scarcity has driven up wages. The average salary for AI related jobs rose 11% in the past year to over $120,000. And in some cases top AI Engineers can demand as much as $1,000 an hour.
00:01:25
That's attracting many students like Boris Yu into the field.>> I realized like trying to do machine learning projects kind of join machine learning clubs. Our CS1, AI and Machine Learning class is like super popular. Whereas a couple years ago not as many people are talking about it.
00:01:41
>> Universities across the country are adding classes, expanding enrollment, and developing new programs. Carnegie Mellon University this fall began offering the nation's first undergraduate degree in artificial intelligence. But the AI jump start at universities will take time to trickle through to the job market. And Glassdoor says, expect the shortage to last another half a decade.