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Why Becoming a Data Product Owner in AI is a Smart Move

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Chapter 1: The Rise of AI in Streaming

AI has captured significant attention recently, particularly with the advent of tools like ChatGPT and Google Bard. Consequently, sectors such as entertainment are eager to incorporate AI into their operations.

For example, Netflix is on the lookout for professionals to fill an AI-centric position, offering a remarkable salary ranging from $300,000 to $900,000. This role is within the Machine Learning Platform (MLP) division and focuses on advancing Netflix's machine learning initiatives by hiring a talented product manager.

This position entails managing the development and deployment of AI-driven products or features within the organization. An AI product manager collaborates with diverse teams, including data scientists, engineers, and designers, to shape the product's vision, roadmap, and requirements. Their responsibilities include grasping market demands, evaluating user feedback, and aligning business goals to ensure the effective incorporation of AI technologies into the company's offerings. They are vital in fostering innovation and utilizing AI to provide valuable solutions that enhance user experiences and meet business objectives.

The appointed product manager will harness AI across numerous facets of Netflix's operations, including content acquisition and tailored user recommendations. Furthermore, Netflix is also seeking a technical director for its Game Studio, offering a starting salary of $650,000, with a focus on AI and machine learning technologies.

Data Product Owner in AI Streaming

Chapter 2: The Impact of the AI Act

The current job openings come during a prolonged writers’ strike lasting nearly three months. This strike stems from artists and performers advocating for higher pay and residuals from streaming platforms, alongside demands for tighter regulations on AI's role in scriptwriting. Organizations like the Screen Actors Guild view AI technology as a potential threat to both writers and actors.

Striking workers contend that AI should only be utilized as a tool to support creative processes, not as a replacement for human writers. While not all streaming services have taken a clear position on AI, HBO's CEO Casey Bloys has publicly voiced his disapproval of AI's involvement in the creative development of their programming.

The first video, The ONLY 4 Ways to Become an AI Product Manager with No Experience, provides valuable insights for aspiring AI product managers. It outlines practical steps for entering this field, even without prior experience.

Chapter 3: The Demand for AI Skills

In various sectors, expertise in AI has become increasingly sought after, with some companies offering attractive six-figure salaries for AI-related positions. A survey by ResumeBuilder indicated that 91% of U.S. business leaders seeking to hire were looking for candidates with experience in ChatGPT. Additionally, many employers noted that starting salaries for "prompt engineers" in the AI field could surpass $200,000 and even reach $300,000.

The second video, AI for Product Owner Working with User Stories, elaborates on how product owners can effectively manage user stories while integrating AI in their workflows.

Conclusion: The Future of Data Product Owners

Pursuing a career as a Data Product Owner in AI is indeed a wise choice today, as an increasing number of sectors are being influenced by this technology and require professionals adept at leveraging AI for their benefit. While the high salaries mentioned are primarily offered by major corporations like Netflix in larger cities, smaller companies and other tech roles can also provide competitive compensation.

Sources and Further Readings

[1] Entrepreneur. Netflix is Hiring an AI-Focused Role — and the Starting Salary is up to $900,000. (2023).

[2] Udemy, The Product Management for AI & Data Science Course (2023).

[3] Independent. Hollywood AI backlash: What striking writers and actors fear about tech replacing role. (2023).

[4] IMDb. HBO/Max Chief Casey Bloys Is Against Using AI to Develop Programming. (2023).

[5] Resume Builder. 1 in 4 companies have already replaced workers with ChatGPT. (2023).

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