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With AI Advancements, New Job-Seekers Have Pick of the Market

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Twenty-year-old Boris Yue is one of the more confident job seekers in San Francisco, California. Yue has studied artificial intelligence and is currently working in the field of technology. He has no worries about potential competition. When your job is programming machines that mimic the human intelligence, you know that employers need you!

Indeed, there is no job shortage for all those who trained and work with artificial intelligence. Nowadays, artificial intelligence is now being used to drive cars, eliminate weeds, detect cancer, and even help teach students. In fact, artificial intelligence is being introduced to homes in many countries in the form of smart locks, digital assistants and automatic thermostats.

Artificial intelligence has taken over the field of education. Not only are there many digital teaching assistants now. There is also an increase in the number of students who have enrolled in new AI education programs. The outcome is in favor of students, as many AI-trained job seekers are continuously getting hired by companies and recruiters.

The adoption of technology has encouraged this boost of AI job hiring in the ever-growing job market. So far, economists agree that AI has helped US economic growth by increasing productivity.

According to James Bullard, St. Louis Federal Reserve Bank President, AI is diffusing the whole economy and in fact changing lives. The technical talent that is currently being hired will then be instrumental to the speed of this transformation. In short, the more trained workers there are, the more productive and the faster the change will be. AI-related job postings increased in number from 2015 to 2018 and new graduates are there to fill the gap.

Universities are in fact trying to keep up with the trend. For example, UC Berkeley incorporated AI technology in its electrical engineering and other computer-related majors. Now, there is an almost quadruple increase in the number of AI students in this university from 2008 to 2017. Carnegie-Mellon University offers an attractive undergraduate AI degree while the University of Illinois had its extra 200 seats for an AI course filled in within only 24 hours.

Moreover, employers are doing their best to get the cream-of-the-crop AI workers. In fact, Michael Solomon’s 10X Management admits that their AI engineers would get paid as much as $1,000 per hour. This is three times as much as they would receive three years ago. Companies like Procter & Gamble are also starved for AI-trained people who could figure out where to position items on their store shelves. The future shines brightly on young, tech enthusiast, AI-trained job seekers like Boris Yue.