Last Updated on November 26, 2023 by Robert C. Hoopes
Despite Job Loss Concerns, AI Creates New Opportunities in Various Industries
Artificial intelligence (AI) has long been a topic of debate, with concerns about job losses due to automation being a common theme. However, recent trends indicate that AI is not just taking away jobs, but also creating new ones across multiple industries. Advertisements for AI-related roles are increasingly popping up on job platforms, reflecting the growing demand for professionals in this field.
Conversations about AI on professional networking platform LinkedIn have also witnessed a significant spike. Discussions revolve around emerging trends like “ChatGPT,” “prompt engineering,” and “generative artificial intelligence,” which are becoming popular among members. These buzzwords not only illustrate the growing interest in AI but also indicate the willingness of professionals to explore and embrace this new technology.
Furthermore, the number of companies appointing a “head of AI” has more than tripled in the past five years. This signifies that AI is no longer viewed as a mere experiment but as a strategic asset for organizations. Additionally, new job titles, such as “prompt engineer,” have emerged as generative AI gains popularity. Prompt engineers play a crucial role in testing and improving AI chatbot responses, ensuring seamless and accurate interactions with users.
Job listings for positions like AI ethics officers, chief AI officers, AI auditors, AI trainers, and machine managers have also seen a substantial increase. This surge in opportunities indicates the need for professionals who can address the ethical implications, management, and training aspects of AI implementation. As a result, machine learning engineers, already in short supply, have experienced a surge in average salaries, making the field highly attractive for job seekers with relevant skills.
In the United States alone, there are thousands of job openings that require expertise in “generative AI” and machine learning. Interestingly, some of these new roles do not necessarily demand a technical background. This suggests that AI is gradually permeating various industries and creating job opportunities for professionals with diverse skill sets.
While concerns about job losses due to AI are valid, it is essential to acknowledge the simultaneous creation of new and exciting roles in this field. As AI continues to evolve, professionals will need to adapt and upskill to meet the demands of these emerging positions. AI’s potential to transform industries is evident, and those willing to explore its possibilities may find rewarding careers in the exciting world of artificial intelligence.