In-Short
- UK AI job market growth surpasses the US with a 1.22% yearly increase.
- Director of Data Science is the highest paying AI job in the US.
- California leads US states with 27% of AI job listings.
- AI advancements drive demand for skilled workers, balancing innovation and ethics is key.
Summary of the UK’s AI Job Market Growth
A recent study by AIPRM has revealed that the UK’s AI job market has experienced faster growth than the US over the past five years, with a 1.22% average annual increase compared to the US’s 1.2%. This growth outstrips other major economies such as India, Canada, and Brazil. The report, which analyzed job listings data from 2017 to 2022, also highlighted the most lucrative and sought-after AI positions in the US, with the Director of Data Science role topping the list with an average salary of £200,263.
Following closely, AI Architects earn around £197,431, possessing skills in architecture, AWS, business intelligence, and DataOps. Data science and machine learning roles also command high median salaries, exceeding £150,000. California stands out as a significant AI hub, with over a quarter of the US’s AI job listings, more than double that of New York, the next highest state.
The report’s lead author, John Smith, attributes the robust growth forecasts to rapid technological advancements in AI, which have opened new opportunities for businesses, particularly in computer vision and natural language processing. He emphasizes the importance of policymakers finding a balance between fostering innovation and maintaining ethical standards to ensure the continued prosperity of the AI job market.
Further Reading
For more detailed statistics and insights into the AI job market, readers are encouraged to view the full report. Click here to access the complete study.
