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Data Science is America's Hottest Job (bloomberg.com)

Anonymous readers share a report: It turns out that even in the wake of Facebook's privacy scandal and other big-data blunders, finding people who can turn social-media clicks and user-posted photos into monetizable binary code is among the biggest challenges facing U.S. industry. People with data science bona fides are among the most sought-after professionals in business, with some data science Ph.Ds commanding as much as $300,000 or more from consulting firms.

Job postings for data scientists rose 75 percent from January 2015 to January 2018 at Indeed.com, while job searches for data scientist roles rose 65 percent. A growing specialty is "sentiment analysis," or finding a way to quantify how many tweets are trashing your company or praising it. A typical data scientist job pays about $119,000 at the midpoint of salaries and rises to $168,000 at the 95th percentile, according to staffing agency Robert Half Technology.

79 comments

  1. The key to Data Sience. by jellomizer · · Score: 3, Interesting

    On a SQL based server if you do a left inner or and outer join on an other table, you can use logic to connect two data elements together.

    Quite honestly that is all that I see Data Scientist consultants do. Then they make a graph of the data and get paid big bucks. Vs. our poor schlubs who are not called Data Scientists who do the same thing, and get yelled at for asking the same questions.

    --
    If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    1. Re:The key to Data Sience. by Anonymous Coward · · Score: 0, Interesting

      I hold the title of a "Data Analytics Manager", I don't get paid even 1/2 of what this article shows, and yes -- you are completely correct.

    2. Re:The key to Data Sience. by schematix · · Score: 3, Funny

      You forgot they add a GROUP BY and ORDER BY clause too. There's where the real money is at.

      --
      Scott
    3. Re: The key to Data Sience. by Anonymous Coward · · Score: 0

      They should rename it Data Seance. About as honest and truthful.

    4. Re:The key to Data Sience. by Gilgaron · · Score: 1

      The PivotTables impress more than just a regular Excel chart, especially if you include lots of unnecessary data slicers for them to poke at.

    5. Re:The key to Data Sience. by Anonymous Coward · · Score: 0

      It's about making sense of the data and finding correlations. In your baby example, sure, anyone can do that. Some companies actually have challenging work, though.

    6. Re:The key to Data Sience. by ctilsie242 · · Score: 1

      At a previous job, I was using a splunk app (hasn't been updated since 2014) to get hockey scores for my boss for his daily dashboard readout. Supposedly being able to write a bunch of stuff to throw people a report gleaned from Splunk or an ELK stack is big business. However, it is something a sysadmin winds up doing often, just as one does SQL stuff for reporting as well.

    7. Re:The key to Data Sience. by Anonymous Coward · · Score: 0

      Naw man, ROLLUP and CUBE is where it's at.

    8. Re:The key to Data Sience. by ranton · · Score: 4, Interesting

      I hold the title of a "Data Analytics Manager", I don't get paid even 1/2 of what this article shows, and yes -- you are completely correct.

      In fairness, there is a huge difference between what nearly all companies call "Data Analytics" and the Data Science jobs making $300k+. My wife is also a data analytics manager (not her exact title, but close enough), and she makes just over a third that amount. A significant portion of the job is very similar, such as cleaning data sets and doing the business analysis necessary to know what questions to ask of the data, but the actual analysis performed by data scientists requires significantly more mathematical rigor (at least for the highly paid ones, not just the ones inflating their title).

      My wife's job is still very complex and takes a high level of skill (like most jobs which pay $100k+) but it certainly doesn't require a PhD in Mathematics, or even for her to be good at math (she isn't). She never needs to provide a range of estimates or confidence intervals; her estimates have more to do with intuition and experience over formulas.

      --
      -- All that is necessary for the triumph of evil is that good men do nothing. -- Edmund Burke
    9. Re:The key to Data Sience. by Anonymous Coward · · Score: 0

      I am a Data Scientist (supposedly). I've done things like use Spark to ingest a database table into Cassandra on AWS, because some corporate big wig read a trade article and wanted to Move to the Cloud.

      It was frustrating and boring, but I made the mistake of putting it on my resume and then posting it online. Within minutes my phone was ringing off the hook from headhunters wanting a "Lead Big Data Architect". I continued to get 100+ calls a day just for big data jobs that I really didn't want. So I took it off my resume.

      This was a couple months ago, so I can tell you the market is HOT for these skills. If you're looking for a job, go read the Wiki and then make up something on your resume. They won't check your references anyways.

    10. Re:The key to Data Sience. by datavirtue · · Score: 1

      Most of the "Data Scientist" positions could be filled by training existing data engineers or DBAs. You need one data scientist for every ten data engineers. If you hire a Data Scientist without having competent data engineering team that understands the strategy (you do have an informed strategy don't you?) just prepare to look stupid wasting a shit-ton of money.

      --
      I object to power without constructive purpose. --Spock
    11. Re:The key to Data Sience. by Anonymous Coward · · Score: 0

      You can make it sound better than that...

      * Used leading edge Big Data architecture to aggregate metrics from mission critical Cloud repositories, presenting real time performance metrics to senior management.

    12. Re:The key to Data Sience. by jythie · · Score: 2

      Eh, that is a bit like saying all programmers do is type stuff into an IDE, hit 'run', and show off that the thing compiled. Getting paid big bucks is not about making one or two pretty graphs, but about taking lots of data, figuring out which pieces can be pulled together for what insights, then structuring those insights into an actionable narrative that consumers of the reports can then turn around and do things with. The best paid ones probably do not even interact with the data directly, but have data engineers doing the heavy lifting itself.

    13. Re:The key to Data Sience. by datavirtue · · Score: 1, Interesting

      Your story is common. Business realizes they are not using data and feel they are letting something slip by. The usual reason is that some other exec friend asked what they were doing with Data Analytics and they got embarrassed because they didn't even know anything about it so they damn near panic and demand we hire some data scientists. Yeah, businesses in 2018 are still run like this. (Same thing happens with the "Cloud.")

      What they really need is to establish sound data analysis using the skills you pointed out (consolidate and standardize data access). Once you max out that avenue you have a sound basis to think about talking with "Data Scientists."

      --
      I object to power without constructive purpose. --Spock
    14. Re:The key to Data Sience. by godrik · · Score: 4, Informative

      If you can train an existing DBA to be a data scientist quickly, then you don't really need a data scientist. Data science is about modeling complex phenomenon. It is about building statistical models, analyzing statistical significance, connecting pieces of an incomplete puzzle.
      It really has little in common with what a DBA usually does. Yes, they'll both write programs. Yes, they'll both use a bunch of data. Yes, they probably both took calculus II. But the commonalities stop here.
      A physicist, MD, algorithmician, or economist would probably be closer to being data scientists than a system oriented DBA.

    15. Re: The key to Data Sience. by Anonymous Coward · · Score: 0

      You did that? Gonna stick my penis in your butt now!

    16. Re:The key to Data Sience. by garcia · · Score: 1

      Maybe you should have been modded as "Funny", instead? Because, as a Data Engineer who works side by side with Data Science, I can absolutely guarantee you, in many cases, they are not very good at doing anything at all in SQL; they are way more into pre-built R and/or Python packages to do their work.

      The real fucking heroes are the Data Engineers (ETL guys for you old schoolers) who are doing the operational pipelining of the data flows in and out of the models built in isolation by Data Scientists.

    17. Re:The key to Data Sience. by FilmedInNoir · · Score: 1

      Fawk! I'm changing my self appointed job title to Senior Data Scientist Block Chain Crypto Programmer.

      --
      Sig. Sig. Sputnik
    18. Re:The key to Data Sience. by garcia · · Score: 1

      Depends on where you live, I guess; however, here in Minneapolis, you should expect to make ~125K for DE/DS role if you have >7 years experience.

      Most of the people coming on to my team, straight out of undergrad, make ~$60-70K and are pushing $90K within 2-3 years.

    19. Re:The key to Data Sience. by ceoyoyo · · Score: 0

      From what I've seen, "data scientist" means someone who can run a prepackaged machine learning or simple stats program on some data without knowledge of or much regard for how it was collected or what it represents.

      I.e. "data scientist" is kind of like a regular scientist except without the deep domain knowledge, skills and scientific method.

    20. Re: The key to Data Sience. by Anonymous Coward · · Score: 0

      Data science is more than table joins.

    21. Re:The key to Data Sience. by Anonymous Coward · · Score: 1

      On a SQL based server if you do a left inner or and outer join on an other table, you can use logic to connect two data elements together.

      Quite honestly that is all that I see Data Scientist consultants do. Then they make a graph of the data and get paid big bucks. Vs. our poor schlubs who are not called Data Scientists who do the same thing, and get yelled at for asking the same questions.

      Says the guy who can't even spell science correctly.

      Did you even RTFA? Even the summary states that sentiment analysis is one of the main reasons data science is hot. A goddamn join isn't going to help you classify a document.

    22. Re:The key to Data Sience. by Anonymous Coward · · Score: 0

      SQL junkie, aren't we?

    23. Re: The key to Data Sience. by jellomizer · · Score: 1

      The field is more than Table Joins, but the Data Scientists who come in and charge Thousands of dollars a day, tend to be just doing simple DB stuff and use the fancy title that some just make up, so they can get the Data Scientist money.

      True Data Scientist do a lot more, but they are not the ones most businesses hired.

      --
      If something is so important that you feel the need to post it on the internet... It probably isn't that important.
    24. Re:The key to Data Sience. by Anonymous Coward · · Score: 0

      Wrong. Stringing words together does not make knowledge. Hell, you even used the word "science" explicitly for something that isn't.

    25. Re:The key to Data Sience. by Anonymous Coward · · Score: 0

      There was another mass school shooting today. Multiple students dead, a shotgun and a .38 revolver used. Please get your thoughts and prayers ready to deal with this tragedy and out of respect for the victims and families now is not the time to be talking about fixing this problem, now is the time to mourn.

      FTFY

    26. Re:The key to Data Sience. by rtb61 · · Score: 2

      Nope, what they are doing is confusing the term, data scientist with data analyst. Get away from the silliness that writing data formulas are all that flash, what is important is knowing what data is important, not the data formulas to dig it out. So the idea of the composite of a very experienced data analysts, where is it their broad knowledge across a broad range of subjects that gives them insight into valuable data and that bit of knowledge that allows them to write data formulas. It is knowing what data is important and what data can be ignored, that is key, not the data base design or it's data formulas.

      --
      Chaos - everything, everywhere, everywhen
    27. Re:The key to Data Sience. by doom · · Score: 1

      Eh, that is a bit like saying all programmers do is type stuff into an IDE, hit 'run', and show off that the thing compiled.

      *ssssh...*

  2. This week's most popular job is... by The+Fat+Bastard · · Score: 2

    So making $1M+ as an AI researcher is old hat now?

    1. Re:This week's most popular job is... by Anonymous Coward · · Score: 1, Funny

      The hottest job seems to be Presidential apologist anyway. They hire more of those mealy mouthed lying traitors every day to replace the ones going to prison.

    2. Re:This week's most popular job is... by Anonymous Coward · · Score: 0

      How many have gone to prison? Just checking because I have this strong feeling that you are BULL SHIT.

    3. Re:This week's most popular job is... by Anonymous Coward · · Score: 0

      They're all going, traitor faggot. If you want to try to flee to Moscow, now's your chance bitch.

    4. Re:This week's most popular job is... by novakyu · · Score: 1

      Eh. But to do that, you need years of education and training. Being a "data scientist" could be done after one summer boot camp!

      I imagine data scientists are like consultants: a huge range in value added (or subtracted) by any particular "data scientist".

  3. I work as a AI Blockchain Cloud Consultant. by Anonymous Coward · · Score: 0

    And I get paid to post on Slashdot all day.

    1. Re:I work as a AI Blockchain Cloud Consultant. by Anonymous Coward · · Score: 0

      Hi, This Eliza! Do you often refer to yourself as Christopher Stale Reimer?

    2. Re:I work as a AI Blockchain Cloud Consultant. by Anonymous Coward · · Score: 0

      So you can't answer the question.

      Then we get the usual Tardchris redirection, misdirection, and obfuscation. I thought WE WON, and you're never coming back?

    3. Re:I work as a AI Blockchain Cloud Consultant. by Anonymous Coward · · Score: 0

      You're too stupid to realize when you're being trolled. Any RANDOM AC can be creimer.

      BTW, How are the goats?

    4. Re:I work as a AI Blockchain Cloud Consultant. by Anonymous Coward · · Score: 0

      "Any RANDOM AC can be creimer."

      Yet you assume you are replying to the same AC? You fat dummy.

      "BTW, How are the goats?"

      About the same as the "bees" your Uncle kept in that knothole.

    5. Re:I work as a AI Blockchain Cloud Consultant. by Anonymous Coward · · Score: 0

      Here's the usual Tardchris reaction.

    6. Re:I work as a AI Blockchain Cloud Consultant. by Anonymous Coward · · Score: 0

      I guess you're too stupid to realize you're being goaded.

    7. Re:I work as a AI Blockchain Cloud Consultant. by Anonymous Coward · · Score: 0

      Oh I see you're only pretending to be a fat stupid pest!!!
      Oh man FCLM must feel so trolled!!!

      What makes you think we should treat a tcdr impersonator any different than an actual tcdr?
      Oh I'm sorry sir I didn't know you were shitposting and spamming ads.... ironically!!
      PS FCLM was banned for user impersonating TardChrisDRiemer so every post where you claim to be impersonating him is one step closer to your glorious IP ban.

  4. Hottest job? by Anonymous Coward · · Score: 0

    I thought AI was America's Hottest Job. So confusing, all these jobs that are simultaneously hottest.

  5. I hate these articles.... by Anonymous Coward · · Score: 0

    ...with some data science Ph.Ds commanding as much as $300,000 or more from consulting firms.

    And then people extrapolate and sign up for that Data Science Certificate at $400 a pop and expect to walk into a job - and that's how those things are marketed to people.

    *cough*Coursera*cough*

    Those certs mean nothing and are a waste of money. Don't get me wrong, I took those classes before Coursera started this whole "you must $ign up for the cert program$ to take quize$ and get grade$" and found them interesting and I learned the very basics that allowed me to at least follow along in conversations - but that's about it.

    It never a waste to learn something new, but it is a waste to spend hard earned money expecting something more in terms of income or job opportunities.

    1. Re: I hate these articles.... by Anonymous Coward · · Score: 0

      Go to ocw.mit.edu ive been learning there for years. I have a BS and I am a lead datascience manager in a fortune 30 cdo. I work on deep learning AI applications. I get paid more than the numbers mentioned in the article with a BS. The key is knowing your shit.

  6. Re: fp by Anonymous Coward · · Score: 0

    I got a degree in Social Justice and all I got was this lousy job.

    -msmash-

  7. Web Master Flashback! by rockmuelle · · Score: 3, Interesting

    Web Master was the hottest job 20 years ago. Right up until every realized that the position was better filled via a mix traditional IT techs and software engineers.

    Data science will go the same way, but it will be software engineers and statisticians that replace the current crop of bootcamp trained data "scientists". (actually, all real data science shops already do it that way... the market will correct)

    1. Re:Web Master Flashback! by Anonymous Coward · · Score: 0

      Data science will go the same way, but it will be software engineers and statisticians that replace the current crop of bootcamp trained data "scientists". (actually, all real data science shops already do it that way... the market will correct)

      That should be "software engineers and information theorists", anyone who employs a statistician deserves what they get.

    2. Re: Web Master Flashback! by Anonymous Coward · · Score: 0

      A good data scientist is usually a mix of both of those. I dont hire bootcamp ds.

  8. finding people who can turn social-media clicks and user-posted photos into monetizable binary code

    I'm immobile because I can't figure out which part of that to gnaw to shreds first.

    1. Re:uh by ceoyoyo · · Score: 1

      Why? That seemed like the sanest line in the whole summary. That seems like pretty much what most data scientists do.

  9. Comment removed by account_deleted · · Score: 1, Insightful

    Comment removed based on user account deletion

  10. Typo by nospam007 · · Score: 0

    " People with data science bona fides are among the most (sought-after) hated professionals in business, "

  11. No it's not by Anonymous Coward · · Score: 0

    A.I. positions demand a much better salary, it is a much hotter field.

    1. Re: No it's not by Anonymous Coward · · Score: 0

      What do u think data scientists work on u dolt?

  12. FUCK YOU, I'M ALL NOSQL BABY by Anonymous Coward · · Score: 0

    and i don't know what the fuck is going on

  13. Let me guess ... by Qbertino · · Score: 0

    They sit right next to the social media consultants.

    Shame it's not legal to wrap them in barbed wire and shoot them into the sun - which is the only adequate treatment I can think of.

    --
    We suffer more in our imagination than in reality. - Seneca
  14. Mathematically ambiguous by Anonymous Coward · · Score: 0

    "as much as $300,000 or more"

          It is literally impossible to be more ambiguous.

  15. What is science? by chthon · · Score: 1

    Posit hypothesis

    Run experiment to validate or reject hypothesis

    So it seems that we now need data scientists to do things with data that were supposed to be done by OLAP systems, i.e. find correlations between dimensions that were not supposed to be trivial? Data mining?

  16. Here come the bootcamps by wyattstorch516 · · Score: 1
  17. Science? by Anonymous Coward · · Score: 0

    Unfortunately science has very little to do with it. Anomaly hunting and survivorship bias are rampant and many people seem to be completely unaware of just how biased the data and the conclusions they draw from it are.

  18. Isn't AI the hottest job? Bubble 2.0 baby! by ErichTheRed · · Score: 1

    Am I the only one who sees some slight similarities to the First Dotcom Bubble? Obviously data analysis is a very useful skill to have, but I think it's going to get to the point where anyone running a sanitized data set through an R or Python package will be a Data Scientist. We've already got the AI, Blockchain and Data Science bootcamps cranking people out now! In fact, I thought I read the other day that some survey proclaimed AI as the hottest job.

    I think this bubble is going to last a very long time and take much longer to fully inflate. If you've been paying attention, it's only the monumentally stupid VC startups that are failing so far...everything else is kicking along. You have hundreds of copycat "product box" subscription services, data-mining apps built on top of social media APIs, "Uber for X," "Tinder for Y", etc. IMO, cloud computing is one of the reasons they can stick around much longer. These startups just have to make enough to pay the AWS/Azure/GCP bill every month, rent a small office (maybe,) and pay a bunch of MacBook toting hipster full stack developers and the executive crew...not build out a million-dollar data center every couple years.

  19. You forgot the rest by Anonymous Coward · · Score: 0

    Which consists of: ' . . . among milennials.', who very famously are incapable of actual critical thought and chase red herring after red herring. Good luck with that, kids.

  20. Christorical Shitpost! by Anonymous Coward · · Score: 0

    Nice try asshole.

    Since Tardchris's ability to post is limited to a handful of posts a day he tries to redirect any discussion about him getting the fuck off slashdot to as many threads as possible.

    This is to allow him to both argue with people telling him to leave, and post monetized spam links to amazon or any of his other unproductive money making schemes across multiple threads increasing the visibility of his spam.

    Quick Tardchris Intro:
    If this doesn't make sense to you because it seems like a waste of time to try and make money this way. You're right!
    Yeah tardchris has a long history of unproductive investments and projects. He hasn't even cleared his first bankruptcy off his credit report and he's already carrying a credit card balance while investing in silver, CD ladders, and other laughably stupid investments that are failing to beat inflation let alone offset the costs of not paying off a credit card balance. Nearly every time tardchris has talked about money it's been laughably bad advice. Somehow you can tell he has spent a lot of time reading about this shit, he proudly peppers his posts with buzzwords and yet somehow never learned the basics.

    You know what he did right after his bankruptcy? Started rebuilding his savings... ok great idea.
    He rebuilt it half in cash and half in silver. He still owns this silver and regularly brags about it on slashdot, he vlogs about it, he blogs about it... he's quite pleased with himself.
      In the time since then and now silver has halved in value and an unmanaged DJI ETF would have nearly doubled.
    Still he is quite proud of himself.

    1. Re:Christorical Shitpost! by Anonymous Coward · · Score: 0

      FYI - Christard doesn't exist. The AC doesn't want to be down modded for mentioning [CENSORED].

    2. Re:Christorical Shitpost! by Anonymous Coward · · Score: 0

      You know what he did right after his bankruptcy? Started rebuilding his savings... ok great idea.
      He rebuilt it half in cash and half in silver.

      Uh, no. Creimer filed for bankruptcy in 2011. He started buying silver in 2015 after he paid back the bank loan and completed the first year of his five-year government IT contract. He still has a year left on that contract. So he must be doing something right.

    3. Re:Christorical Shitpost! by Anonymous Coward · · Score: 0

      So he must be doing something right.

      Oh yeah, he's doing great. I especially enjoy watching the reputation slider going down...

      Although this is pretty nice too:
      WARNING! Lawsuits, Liens or Bankruptcies found on Christopher's Background Report!

      Guess that's why you're 50, alone, 400 pounds, and in a 475 square foot studio...

    4. Re:Christorical Shitpost! by Anonymous Coward · · Score: 0

      Well since you're obviously not TardChrisDR and just a concerned AC you might not know Tardchris that well.
      You can see here that on his authors blog in Year of our Lord 2011 in the lovely month of July
      http://archive.is/Az4zE#selection-435.0-451.11
      He says:

      Two months later and 11 months after I first saw the bankruptcy attorney, I got my bankruptcy discharge notice in the mail a few weeks ago. Except for a $1,600 tax bill to the IRS that I’m making payments on, I’m now out of bad debt. I’ve been working two tech jobs for the last two months to pay my bills and rebuild my savings reserve (half in cash and half in silver). The bankruptcy won’t disappear from my credit record for ten years. However, when cash is king, your credit score doesn’t matter. Like the Great Depression taught my father the value of cash being king, the new Great Depression taught me the same thing.

      http://archive.is/Az4zE#selection-489.0-489.625

      So either TardChristopher was lying to his beloved readers or whoever you heard that from was mistaken and TardChristopher lost a considerable amount of money he didn't have on shiny trinkets.

    5. Re:Christorical Shitpost! by Anonymous Coward · · Score: 0

      You're misreading the information from that website. If I was an personal injury attorney, I wouldn't waste my time going after someone who looks "poor" according to public records. I want to go after someone who looks "rich" according to public records. Someone who has a high-paying job, owns a house, one or two cars, and other assets that are conveniently listed in the public records.

    6. Re:Christorical Shitpost! by Anonymous Coward · · Score: 0

      Untrue!
      There are tons of unemployed lawyers out there, they'll represent any case that they think they can win.
      Rich people and their insurance companies have lawyers. If you are telling the truth and silver is only a small amount of your savings and you have $5000 advertised on slashdot and your precious metals youtube then you have to have at least $15,000 to make that claim IMHO, add that to $5000 dollars worth of stuff and $5000 dollars of future wages.

      That's $25,000 and that's a reasonable settlement amount. The lawyer walks away with a respectable 7.5

    7. Re:Christorical Shitpost! by Anonymous Coward · · Score: 0

      Chris,
      Read this. https://slashdot.org/comments.pl?sid=12115718&cid=56636876
      Now go pay off your credit cards. If we pester you with good advice I'm sure you'll run away.

  21. Actual Growth? by Anonymous Coward · · Score: 0

    How much of this apparent growth is relabeling of positions?