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News » AI jobs pay 77% higher salaries, study finds

AI jobs pay 77% higher salaries, study finds

AI influence on US workforce salaries
Photo from BizReport

NEW YORK, UNITED STATES — Salaries for artificial intelligence-related jobs are significantly higher than others, according to a new report from tech insights firm BizReport.

AI-related roles now offer 77.53% higher total compensation compared to non-tech jobs. This wage gap has widened 36% year-over-year as demand for AI skills continues rising across industries, the report found.

Arizona and Connecticut emerge as top states, with some AI salaries reaching $450,000 in total compensation annually according to the data.

The study also found 30.30% of 2023 computer science jobs were AI-related. This trend is expected to continue, with projections suggesting over 131,000 AI-related jobs in the computer science sector by 2024.

Entry-level AI positions also see much higher pay, with 128% more compensation than non-AI starters.

“Applicants should consider reskilling in AI to stay competitive,” Young Pham, a project manager for BizReport, advised. “The data clearly shows high demand for AI professionals.”

While certifications, courses, or degrees in AI fields like machine learning and natural language processing could prove beneficial, the specific skills most in-demand remain uncertain.

On the employer side, recruitment and training strategies must evolve to meet changing needs. But the outlook on potential job impacts is unclear.

Some studies suggest automation may reduce wages or job growth overall, while others see AI driving new role creation. Recent studies also revealed that companies hire for AI roles and are willing to pay higher as adoption grows. The data shows mixed perspectives.

The report underscores a shift in the United States workforce, highlighting the increasing demand and lucrative compensation for AI expertise. But the future remains complex.

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