There has been a lot of chatter recently around the notion that data scientist are soon to be replaced by a 30/hr price. In truth, I see that time of data scientist being replaced by automated software without having to deal with a freelancer at all. Look to how other scenarios like this have occurred, such as online marketing or site development.
But we need to focus on the concept “the data problem was previously well-defined”.
Data scientist who achieve higher salaries happen to be in either two distinct camps:
1) The Engineer:
This individual knows how to choose the proper tools and infrastructure to solve a specific, technology laden data problem. These individuals usually work on the leading edge of a problem or at times there may be very few examples of this problem being worked in global community. This is markedly different than the well-defined problem of the freelancer situation we defined earlier.
2) The Communicator:
This individual knows the technical side of what data science is and how to get at solutions, but there strength is in the story telling. Many times business leadership is unknowing about what is possible with data science and for that they need a translator of sorts. These types of individuals encounter organizations that know they have a problem to solve, but they do not necessarily know how to frame the question so that it can be satisfied by the data. These business look for someone who is personable and not thousands of miles away to guide them through what they feel is incredibly difficult and important.
While it is certainly true that there may segments of data science which are automated, there will certainly always be a place for problem solvers – think physicians, attorneys, developers, consultants, etc. Like these roles just mentioned, data scientist is not simple a role.
Not all data scientist are performing rote tasks.
There will always be a place for individuals skilled at solving leveraging technology to solve complex business problems and we will have to invest more than $30/hr to garner their expertise.