The latest trends and statistics regarding the AI industry
The trends of recruitment in AI as well as the recruitment in AI statistics, look cheerful and budding.
Thus, according to the 2022 World Economic Forum’s report, the number of AI-related jobs has increased by 450% since 2013. In addition, many traditional industries are adopting AI technologies, creating a demand for AI specialists in healthcare, finance, retail, education and manufacturing. Moreover, the World Economic Forum’s data demonstrated continuous growth, with an estimated 133 million new jobs during 2022 and previous years.
And the demand for AI specialists is believed to steadily grow in the coming years, with a projected growth rate of 40% in the AI workforce from 2023 to 2025, according to the World Economic Forum’s report. The number of AI-related job openings will reach an estimated 97 million new jobs created by 2025. The same report also claims that the share of jobs requiring AI skills will increase by 58%.
By the IDC official report, global spending on AI systems is predicted to reach $97.9 billion by the end of 2023, with a compound annual growth rate (CAGR) of 28.4% from 2018 to 2023.
This growth is thought to be driven by increased investment in AI research and development and the adoption of AI technology across industries. According to the report by LinkedIn, AI specialist is the #1 emerging job in the United States, with a 74% annual growth rate in job postings during the last five years.
To attract and retain top AI talent, companies recruiting AI specialists offer competitive salaries and benefits, as well as career development and growth opportunities. The report by Indeed states that the average salary for AI specialists in the United States is currently $134,000 per year.
One of the most important trends of recruitment in AI is the increasing importance of soft skills alongside technical skills. While technical skills such as programming, machine learning, and data analysis are still crucial, employers are also looking for candidates with strong communication, leadership, and problem-solving skills. These skills are required because AI projects often involve cross-functional teams and want collaboration with organizational stakeholders.
Another trend in recruiting AI specialists is the increasing use of remote work arrangements. The COVID-19 pandemic has provoked the adoption of remote work, and many companies are now offering remote work options for AI roles. This has expanded the available talent pool, as potential employees' geographic location no longer restricts companies.