Facebook Invests Lower Fund for Blockchain than AI

Although Social media giant Facebook has now posted the five new job listings for its team of Blockchain, according to the number of job listings currently open. This could partially be due to the fact that Facebook blockchain team exists for half a year, on the other hand, company has shown the interest in AI for more than four years from now.

The social media giant has now five job postings openings for the Blockchain talent at its California headquarters in the field of marketing, software engineering, and data science. The position as of now is open for two software engineer’s roles, a data engineer, product marketing lead and a data scientist all of them for the full-time positions. The most recently listed role revealed a Product Marketing Lead for the Facebook Blockchain team, outlines that the team is “fundamental” to the company “mission” of problem-solving and community building and especially in “exploring the opportunity the Blockchain will going to bring in”.

The listings don’t show exactly what Facebook intends to do with blockchain. The ad for “Data Scientist, Blockchain” says, “We are as of now exploring some of the major interest across all facets of blockchain technology. And one of the ultimate goals is to help millions of people with access to things that they don't have now – that could be things like equitable financial services, new ways to save, or new ways to share some of the more sensitive information.”

This is not just the case with the Artificial Intelligence. Only at the Californian Menlo Park location, there are around more than 48 job listings from the AI writer to the research scientist who must hold a PhD degree. Moreover, there are more than 89 positions now open and many of them are looking for the people at some of the various locations so that it can be expected that significantly more than the 89 people will get hired with the entire process. According to the report, Facebook also has plans to double its Artificial Intelligence research units by the end of 2020.

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