In 2024, AI software engineers in the U.S. earn significantly more than their non-AI counterparts, with median salaries reaching $300,000, according to Levels.fyi.
The wage gap has widened to 50% from 30% in 2022, reflecting the high demand for AI expertise. Companies like Cruise pay AI engineers a median salary of $680,500, showcasing the premium placed on these skills.
To attract top talent, firms offer lucrative packages, equity, and bonuses, sometimes up to $1 million. Major tech companies such as Google, Microsoft, Amazon, and Meta are fiercely competing for AI talent through acquisitions, poaching, and educational investments.