[threeseed]

I started in ML about 7 years ago so well before the hype and back then very few people wanted to be ML engineers.

What's happening at least in Australia now is that contract rates (a good indicator of the supply/demand ratio) has halved for ML engineers. Which means (a) a lot of people want to be ML engineers and (b) there aren't that many jobs for them.

[thundergolfer]

Just to be sure I understand correctly, you’re saying that money has halved for ML engineers because plenty of people are getting into ML and are willing to take much less money? You said they “want to be” ML engineers which implies they aren’t really and thus aren’t worth ‘full-rate’