The AI’s implication on the labor market has taken the world by storm.
According to the 2020 report by LinkedIn, AI professionals such as AI specialists topped the rank of earning a flattering salary package. The report also said AI specialists’ projects to be the top emerging job in eight countries and the top ten in another five countries. Perhaps this might be the year that will be taken over by AI.
Besides LinkedIn, Indeed listed machine learning engineer as the number one job of the year, citing a growth of 344 percent hike within the past few years.
AI professionals typically an AI researcher, an AI engineer, or an AI specialist that emphasizes on AI and machine learning are the kind of jobs a budding professional should get into in 2020. Getting into any one of these job roles will be a good piece of fortune for your AI career.
Artificial intelligence is not underway, it is here, in the present.
Let us have a glance at the salary structure of AI engineers.
According to Glassdoor data, a typical AI engineer makes an average salary package ranging above USD 100,000 per annum. In the US, the individual can earn an average package of USD 114,121 per annum. However, the lowest could even go to USD 78,000 per annum and the highest up to USD 150,000 per annum.
Many of the AI jobs found in cities like New York, Seattle, Washington DC, and San Francisco paid their AI engineers an annual salary compensation of about USD 141,000.
The highest-paid cities for machine learning engineers, the salary packages mentioned below mentions the cities that paid the highest to the lowest.
- San Francisco Bay Area, CA – USD 187, 353
- Bellevue, WA – USD 173,241
- San Francisco, CA – USD 172,138
- Boston, MA – USD 166,513
- New York, NY – USD 153, 590
- Sunnyvale, CA – USD 140, 212
- Cambridge, MA- USD 133,322
- San Diego, CA – USD 125, 069
Let us further delve deeper with the AI job roles with the highest pay, according to Indeed.
- Machine learning engineer – USD 142, 858.57
- Data scientist – USD 126,927.41
- Computer vision engineer – USD 126,399.81
- Data warehouse architect – USD 126,008.25
- Algorithm engineer – USD 109,313.51
Well, what are the job responsibilities of AI engineers?
AI engineers are problem-solvers.
They are responsible for making sure the AI system and the infrastructure are well-maintained and properly implemented. AI engineers’ key role include building, maintaining, and deployment of the AI-based systems. Besides this, they need to work closely with the organizations and businesses to help boost their services, software, and product development and most likely improve their operations. On a primary level, they hold responsible for the implementation of machine learning that involves the application of AI that can especially perform tasks without the need for programing the process.
AI, no doubt is being adopted by many companies to improve their business value. Companies are also encouraging employees to upskill themselves with the help of AI certification programs and in-house training workshops.
However, AI job roles can differ based on the type of industry the individual gets into. Other job roles and responsibilities include creating algorithms and deploying them, some include designing software, analyzing data, building infrastructure for data science, image processing, and natural language processing (NLP).
Within 2022, there will be nearly 133 million job posting in the AI field, says the World Economic Forum’s (WEF) 2018 Future of Jobs report. The newer job postings are much higher than the estimated jobs apprehended to be destroyed by AI.
How AI-ready are you this 2020?