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The AI job market is set to snowball in 2025

Dec 22, 2024 - businessinsider.com
The demand for AI skills is projected to grow significantly by 2025, driven by both tech and non-tech firms. The tech industry, which has seen slow hiring in recent years, shows signs of a rebound due to the increasing need for AI expertise. Companies are particularly interested in roles like machine-learning specialists and those who can implement AI tools into business operations. Non-tech firms are also seeking workers who can help integrate off-the-shelf AI tools, indicating a broader demand for AI implementation and transformation roles. Despite this growing demand, AI skills remain scarce, with high vacancy rates for specialized roles such as natural language processing.

The scarcity of AI talent is evident, as it's reportedly twice as difficult to hire senior-level AI professionals compared to other industries. Vacancy rates for specialized AI roles are significantly higher than the overall job vacancy rate in the US. While the share of job postings mentioning AI has increased, only a small percentage of employers currently require AI skills. However, this is expected to change as more businesses, including small enterprises, plan to adopt AI technologies. The role of chief AI officer has seen a substantial increase, reflecting the rising importance of AI expertise. Overall, the adoption of AI is anticipated to create new job opportunities across various sectors.

Key takeaways:

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  • Demand for AI skills is expected to grow significantly by 2025, driven by both tech and non-tech firms looking to incorporate AI tools into their operations.
  • AI skills are scarce, with high vacancy rates for specialized roles like natural language processing, making it challenging for employers to fill these positions.
  • There is a growing trend of employers, including small businesses, adopting AI technologies, which is increasing the demand for AI expertise across various roles.
  • The rise in AI adoption is expected to create new job opportunities, similar to past technological advancements, with roles in AI implementation, data governance, and customer experience emerging.
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