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AI Employment Opportunities Dry Up in UK Despite Sunak’s Push on Technology

Nov 05, 2023 - news.bensbites.co
The UK's artificial intelligence (AI) sector has seen a significant drop in job vacancies, with postings for AI-related roles declining faster than the wider job market, according to data from Reed Recruitment. Despite the UK government's efforts to develop the AI industry, the number of AI job postings in the three months to September 2023 fell by almost 40% from a year ago and are down 61% from the peak in 2019. This trend indicates the challenges faced by Prime Minister Rishi Sunak in boosting the UK economy and developing AI safely.

However, there is growing interest in AI technology, with applications for AI roles in June and July 2023 almost doubling from the previous year. James Reed, chairman of Reed Recruitment, suggests that AI skills will gradually become an integral part of existing job roles, enhancing productivity rather than replacing jobs. The data also revealed that the UK's AI employment hotspots are outside of London, with Cambridge and Oxford leading in AI job creation since the start of 2018.

Key takeaways:

  • England’s artificial intelligence sector has seen a significant drop in job openings, with postings for jobs with AI-related key words declining faster than the wider job market.
  • Despite the decline in job postings, there is a growing interest in AI technology, with applications for AI roles in June and July 2023 almost doubling from the previous year.
  • AI employment hotspots in the UK are located outside of London, with Cambridge and Oxford leading in AI job creation since the start of 2018.
  • Prime Minister Rishi Sunak has expressed concerns about the potential risks of AI, including cyberattacks, disinformation, terrorism, and the creation of chemical or biological weapons.
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