"While companies may aim for a future where generative AI can replace the work of a junior employee, the technology is in its "shadowing" era, sitting deskside and learning the ropes. AI training, the process of refining a large language model's responses to make it more accurate, requires real humans to evaluate how well the AI answers a prompt. When applied to wonky professions, like investment banking, where examples of real work aren't easily found online, that human guidance is even greater."
"That explains why AI training firms like Mercor and Scale AI's subsidiary Outlier, and LLMs like Elon Musk's xAI are offering high hourly rates to those with professional experience in finance, according to a Business Insider review of 18 recent job postings from eight different companies. The highest publicly posted hourly rate is up to $150, the high end of a post by Labelbox-owned Alignerrr for someone with financial planning and wealth management experience, with merely $15 an hour at the low end."
Generative AI is currently operating in a shadowing phase, learning deskside rather than fully replacing junior employees. Human evaluators are required to rate and refine large language model responses, with greater guidance needed for specialized finance roles that lack public work examples. AI training companies and several LLM projects are recruiting bankers, traders, private-equity and hedge-fund professionals to provide that expertise. Publicly posted hourly rates vary widely, roughly $15 to $150, with some listings offering $35–$100 for specific tutoring roles. Some listings seek very senior experience, including former hedge-fund CFOs, and most roles are remote. Companies mentioned include Mercor, Outlier, Alignerrr, and xAI.
Read at Business Insider
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