It does not matter how much you pay, there are only so many 'qualified' data scientists to go around. If the wages are so ridiculously high, then there will be

It does not matter how much you pay, there are only so many 'qualified' data scientists to go around. If the wages are so ridiculously high, then there will be all manner of hucksters pitching themselves as data scientists with minimal training (but good enough to pass an interview), and they will give data scientists a bad name. This will make paying high-wages a super risky move, which almost never pays off, putting downward pressure on demand and wages. This is already happening.