A brand new report finds that the UK has been rising its AI job market sooner than the US over the past 5 years.
Analysing job listings information, the report by AIPRM discovered that – between 2017 and 2022 – the common yearly progress charge for AI hiring was 1.2% within the US. This compares to 1.22% within the UK over the identical interval.
The UK’s sturdy efficiency means it outpaced different main economies like India (1.19% progress), Canada (1.26%), and Brazil (1.21%).
“Regardless of constant growth of the AI job market in America, the tempo of progress lagged barely behind different nations like Britain,” stated John Smith, lead writer of the report.
In addition to analysing hiring traits, the report additionally recognized the very best paying and most in-demand AI jobs within the US. The highest place goes to Director of Knowledge Science, with a mean wage of £200,263.
AI Architects take second place, incomes roughly £197,431 per 12 months on common. The technical abilities required for this position embrace structure, AWS, enterprise intelligence, and DataOps.
Numerous different roles in information science and machine studying all boast median common salaries exceeding £150,000.
California was additionally highlighted as a significant AI hub, accounting for over 1 / 4 (27%) of listings throughout the entire US. That is greater than double the following highest state, New York, at 13%.
Discussing what’s driving the promising progress forecasts, Smith stated: “Fast advances in AI know-how have unlocked thrilling new capabilities for companies throughout many sectors. As firms look to capitalise on areas like laptop imaginative and prescient and pure language processing, we are able to count on demand for expert AI staff to maintain accelerating.”
Nonetheless, he additionally warned of potential headwinds as a consequence of rising debate round AI regulation.
“Policymakers nonetheless must strike the best steadiness between innovation and ethics. Getting this proper will assist the AI job market proceed thriving.” concludes Smith.
The complete statistics might be discovered here.
(Photograph by the blowup on Unsplash)
See additionally: Bank of England Governor: AI won’t lead to mass job losses
Need to study extra about AI and large information from business leaders? Try AI & Big Data Expo happening in Amsterdam, California, and London. The great occasion is co-located with Digital Transformation Week and Cyber Security & Cloud Expo.
Discover different upcoming enterprise know-how occasions and webinars powered by TechForge here.