San Francisco AI salaries hit $10K monthly amid housing crunch

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Companies in San Francisco are offering monthly salaries reaching $10,000 for AI positions, according to the Wall Street Journal. This trend is driven by a housing shortage in the area, exacerbated by rising demand from high-earning AI professionals. The rental market in San Francisco is under pressure, with tenants offering upfront annual rent payments to secure properties. This situation highlights the broader economic impact of the AI boom, particularly in the Bay Area.

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