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Big Tech’s AI Hiring Frenzy Drives Mega-Pay as Institutions Fall Behind

Companies are locking in elite AI engineers with multiyear pay deals worth up to $250 million, revealing a widening institutional divide over AI readiness.

Overview

  • Meta, Microsoft, OpenAI and Amazon are offering elite AI engineers multiyear compensation packages of up to $250 million to secure scarce talent.
  • Generative AI tools are boosting productivity by 25 percent or more in marketing, coding, image editing, medical transcription and legal document review.
  • Thousands of tech positions are being cut or reshaped as AI handles 25–30 percent of programming tasks, intensifying calls for reskilling initiatives.
  • Universities remain in early stages of AI adoption, with Europe trailing behind the US in research output and integration of adaptive learning and administrative tools.
  • Latin American municipalities face infrastructure and policy shortfalls—only 9 percent have open-data frameworks and over 7 percent of Argentines lack internet access—as the region weighs the EU’s risk-based AI Act against a flexible US model.