In 2009, Hal Varian (Google’s Chief Economist) famously joked that “the sexiest job in the next 10 years will be Statistics”. Fast forward to 2016, and it’s abundantly clear that he was right (and how!)
$118,709 – the average salary for a Data Scientist today (according to Glassdoor). Compare that with, say, what the average web developer gets paid: $67,097. Companies are churning out exponentially more data every day yet struggling to derive value from it. According to McKinsey, by 2018, the US alone will face a shortage of 150,000+ data analysts and an additional 1.5 million data-savvy managers.
Author: Roger Huang