AI Trend, Careers & Salaries-Let’s Examine The Statistics

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Most of you must be well aware of the fact that Artificial Intelligence job roles are like hot cakes right now. With every passing day, the demand for AI is steadily increasing & its business value is expected to reach $3.9 trillion in 2022, according to Gartner. Another research conducted on the global spending on cognitive and Artificial Intelligence systems will reach $77.6 billion during the same year. The impact of AI & cognitive applications are expected to touch industries across every major sector.

If believed to the experts view, AI and Machine Learning combined are expected to generate additional $2.6 trillion in value for marketing and sales by 2020 and as much as $2 trillion in manufacturing and supply chain planning.

Career In Artificial Intelligence-

There is a great potential for development for the IT, Corporate, Industrial & Business enterprises with the application of AI & ML technologies. Companies are now looking forward to hire AI professionals on their teams, however, the current scenario is that there is scarcity for skilled AI skilled individuals. This has led the companies to come forward offering exclusively high salary packages & perks for the best skilled experts.

Now, let’s have a look at AI salaries, including which AI skills are seeing the biggest paydays.

$142,858: Average For Highest-Paying AI Job Title Of 2019

This is what the average salary would be for a skilled Machine Learning engineer, the highest-paying AI job title of 2019. This is the highest job role as per the job-posting site Indeed. Owing to the scarcity of skilled experts in AI, their respective salary packages have rose up 5.8 percent over last year

Let’s see the top five highest-paying AI roles

  • Data Scientist ($126.927)
  • Computer Vision Engineer ($126,399)
  • Data Warehouse Architect ($126,008)
  • Algorithm Engineer ($109,313).

133 million new jobs created by AI by 2022. This is number of jobs which AI is expected to create within the next 3 years.

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