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Highest Paying Artificial Intelligence Jobs in the World
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22nd Sep, 2023
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Due to the rapid expansion of the technology sector, artificial intelligence has generated significant attention as both a technological advancement and a job creator. The demand for artificial intelligence positions continues to rise as more companies embrace digital strategies. However, the reality remains that qualified candidates are scarce to fill these roles. This scarcity stems from job seekers’ lack of interest and training, resulting in an imbalance between supply and demand. Data from sources like Indeed indicates that these highest paying ai jobs openings are expected to remain unfilled for several years to come. Therefore, it is never too late to embark on a journey toward pursuing these coveted positions. Sometimes, it is improbable that you will be able to advance beyond entry-level positions with solely a bachelor's degree. Hence, you should try to take a Data Science course to remove such obstacles.
What is Artificial Intelligence?
Artificial intelligence, or AI, is the term used to describe the creation and use of computer programs and other devices that can carry out activities that traditionally call for human intelligence. This vast area of research and application aims to develop intelligent systems that can mimic and duplicate human cognitive skills. Machine learning, natural language processing, robotics, computer vision, and expert systems are some of the subfields in AI that it embraces.
AI engineers are responsible for the development, implementation, testing, and maintenance of an organization's AI applications and systems. In case you are looking for the highest paying jobs in artificial intelligence, then this is the right time to start.
Highest Paying Artificial Intelligence Job Titles
Envisioning a future where artificial intelligence (AI) does not play a substantial role in our lives and work is increasingly difficult. With its ability to significantly reduce task completion time, AI is poised to revolutionize every industry worldwide.
As the AI industry continues to expand, it opens abundant opportunities for individuals to forge careers in this field. The industry presents a wide range of fascinating and diverse career paths, making it an opportune moment to embark on this journey.
Below, we present a list of ten lucrative AI jobs and careers that you can pursue in 2023 and beyond.
1. AI Research Scientist
An AI Research Scientist explores novel and innovative inquiries that can be addressed through AI. They engage in cutting edge research projects and devise new AI technologies that businesses can leverage to enhance their operations.
The role of an AI Research Scientist entails pushing the boundaries of what AI can achieve. Prior to a company investing substantial resources in developing a new tool or product, it is the research scientists who validate their feasibility.
Estimated annual salary for an AI Research Scientist in the United States is $113,146.
2. AI Product Manager
An AI Product Manager is one of the highest paying ai jobs and is responsible for overseeing and guiding a team in developing AI-driven solutions.
An AI Product Manager possesses expertise in deep learning and machine learning and comprehends how AI techniques can effectively address various problems. They can discern precisely how machine learning can enhance an existing product.
Average annual salary in the United States is $131,494.
3. AI Sales
Once a company develops an AI solution, they require a team of skilled sales professionals to identify potential customers and promote the product to them.
An AI sales specialist would seek out businesses and conduct persuasive demonstrations to showcase how this AI tool can enhance team productivity. This is also one of the highest paying ai jobs.
Sales professionals in the AI field are typically incentivized through commissions, meaning that exceptional performance in selling AI tools can lead to substantial financial rewards.
The average salary range for an AI Sales manager in the United States is $100,000, with compensation primarily based on performance.
4. Natural Language Processing Expert
NLP involves the process of extracting meaning and comprehension from sentences and texts. An NLP expert can transform unstructured speech and text into a format that computers can understand. This job is also known for its artificial intelligence highest salary due to the difficulty involved.
The average annual salary for a Natural Language Processing (NLP) Engineer in the United States is $102097.
Top Companies Hiring for Artificial Intelligence roles in the World
Currently, AI engineering stands out as an exceptionally lucrative career path globally, with the highest paying ai jobs market experiencing remarkable growth. In India, the entry-level average annual salary for AI engineers is around 10 lakhs, surpassing the average earnings of other engineering graduates by a significant margin. At more senior positions, AI engineers can command salaries as high as 50 lakhs.
On a broader scale, AI engineers earn substantial salaries, with an average annual income surpassing $100,000. Glassdoor reports that the national average salary exceeds $110,000, while the upper range can reach $150,000. This field is known to have the highest paying ai jobs of all time.
| Job Title | Country | Top 3 Companies | Average Annual Salary |
|---|---|---|---|
| Machine Learning Engineer | US | IBM, Google, Invitae | Over $110K. |
| Lead Data Scientist | Canada | IBM, Huawei Technologies, Kinaxis | Over C$85,000 |
| AI developers | Europe | Graphcore, Capgemini, NatWest Group | Over €50,000 |
| AI Engineers | India | HyperVerge, Razorthink, IQVIA | More than 9 lacs |
| AI developers | Japan | HIPERDYNE, Nextremer AWL (Japan) | Above JP¥51L |
| AI Engineers | Australia | ABC, Australian Department of Foreign Affairs and Trade, Faethm | A$96,000 |
| AI Engineers | China | Huawei Technologies, Alibaba group, Baidu | CN¥280,442 |
Artificial Intelligence roles in demand:
| Occupation (Job Category) | Open AI Jobs on Glassdoor | Percentage of Open AI Jobs on Glassdoor |
|---|---|---|
| AI Software Engineer | 56 | 11% |
| AI Data Scientist | 23 | 4% |
| AI Software Development Engineer | 21 | 4% |
| AI Research Scientist | 18 | 4% |
| AI Product Manager | 9 | 2% |
| AI Technical Program Manager | 9 | 2% |
| AI Business Development Manager | 7 | 1% |
| AI Solutions Architect | 7 | 1% |
| AI Learning And Development Specialist | 6 | 1% |
| AI Research Engineer | 6 | 1% |
| AI Research Staff Member | 6 | 1% |
| AI Technical Sales | 5 | 1% |
| AI Back End Engineer | 4 | 1% |
| AI Computer Scientist | 4 | 1% |
| AI Financial Services | 4 | 1% |
| All Others | 327 | 64% |
| Total | 512 | 100% |
Source: Glassdoor Economic Research
Company hiring for AI specialists:
| Employer | Open AI Jobs on Glassdoor | Percentage of Open AI Jobs on Glassdoor |
|---|---|---|
| Amazon | 64 | 13% |
| NVIDIA | 31 | 6% |
| Microsoft | 18 | 4% |
| IBM | 17 | 3% |
| Accenture | 14 | 3% |
| 12 | 2% | |
| Intel | 12 | 2% |
| Samsung | 10 | 2% |
| Lenovo | 9 | 2% |
| Adobe | 8 | 2% |
| MoTek Technologies | 8 | 2% |
| Uber | 7 | 1% |
| PCO Innovation | 6 | 1% |
| Rakuten Marketing | 6 | 1% |
| Wells Fargo | 6 | 1% |
| All Others | 284 | 55% |
| Total | 512 | 100% |
Source: Glassdoor Economic Research
Top Industries Hiring for Artificial Intelligence-based Job Roles
The top industries hiring for AI-based job roles, spanning technology, healthcare, retail, finance, and more are as follows:
| Industry | Roles | Median Salary |
|---|---|---|
| Technology and home automation | Machine Learning Engineer Artificial Intelligence (AI) Engineer Business Intelligence Developer Research Scientist Data Scientist Big Data Engineer Natural Language Processing Engineer | $111,000 |
| Healthcare | Quality Assurance Analyst, Clinical Data Abstractor, Researcher, Business Intelligence (BI) Developer | $53,460 |
| Finance | Financial Analyst, Advanced Analytics & AI Finance Expert (Senior Director/Analyst), Data Mining and Analysis | $93,044 |
| Marketing | AI Product Manager, Marketing Technology Expert | $184,862 |
Top Cities Paying High Salary for Artificial Intelligence Job Roles
There are numerous top cities offering highest paying artificial intelligence jobs. These cities provide lucrative opportunities and a thriving AI ecosystem, making them ideal for AI professionals looking to maximize their earning potential. Explore the locations that offer attractive salaries and promising career prospects in the rapidly growing field of artificial intelligence.
| Countries | Cities | Salary |
|---|---|---|
| USA | Washington D.C | $111,741 / yr. |
| New York | $131,285 / yr. | |
| Los Angelos | $145,582 / yr. | |
| Dallas | $128,368 / yr. | |
| Canada | Toronto | $113,312 /yr. |
| Quebec | $91,545 /yr. | |
| Ottawa | $87,446 /yr. | |
| Surrey | $95,851 /yr. | |
| India | Bengaluru | ₹ 7.9 LPA |
| Mumbai | ₹ 6.0 LPA | |
| New Delhi | ₹ 5.0 LPA | |
| Hyderabad | ₹ 7.5 LPA | |
| UK | London | £55,913 /yr. |
| Manchester | £40,623 /yr. | |
| Cambridge | £59,840 /yr. | |
| Glasgow | £31,667 /yr. | |
| Singapore | Queenstown | $5,000 /mo. |
| Tengah | $5,000 /mo. | |
| Tampines | $5,000 /mo. | |
| Loyang | $5,000 /mo. |
How to Boost Your AI Engineer Salary?
With the rising demand for AI expertise, skilled professionals have opportunities to enhance their skills, gain advanced education, and gain practical experience. Let’s explore four proven methods to maximize your AI engineer salary, helping you stand out in a competitive job market and negotiate better compensation.
1. Expand Your Skill Set: Constantly expand your knowledge of AI-related fields such as machine learning, deep learning, natural language processing, and computer vision. Keep current with the most recent tools, frameworks, and algorithms. Because of your excellent knowledge and skills, you may earn greater compensation by becoming an expert in specific fields.
2. Pursue Advanced Education: Consider getting advanced degrees in AI or a related discipline, such as a master's or Ph.D. Higher education levels frequently lead to higher-paying career prospects. Advanced degrees not only indicate your dedication to the area, but also offer you extensive knowledge and research experience, which may greatly increase your earning potential.
3. Obtain Practical Experience: Work on real-world AI projects to obtain practical experience and establish a solid portfolio. Internships, open-source projects, and contributions to AI research efforts are all options. Using AI approaches to tackle challenging challenges and showing successful projects might make you more appealing to companies and enhance your income possibilities. This will land you straight to the highest paid ai jobs.
4. Look for Industry-Related Certifications: Obtain industry-recognized credentials in artificial intelligence technology and frameworks. Certifications confirm your AI abilities and competency, making you a valuable option for firms wanting to adopt AI solutions. These certificates might give you an advantage over other candidates and lead to greater wage offers.
Remember that pay bargaining abilities and being up to date on market developments are also essential to bag these highest paying ai jobs. Investigate wage benchmarks, network with industry leaders, and be prepared to negotiate your remuneration package based on your skills, expertise, and the value you provide to a company.
Why are AI Professionals Paid So Much?
AI professionals are well compensated for a variety of reasons, including:
1. High Demand: The field of artificial intelligence is seeing a tremendous increase in demand for a wide range of businesses. As companies see AI's potential to drive innovation, improve operations, and gain a competitive advantage, the need for qualified AI specialists has surged. Due to the scarcity of expertise in this specialized subject, AI professionals’ benefit from a favorable market, allowing them to seek greater compensation.
2. Highly specialized knowledge and skills: AI specialists have highly specialized knowledge and skills that are in great demand. They specialize in machine learning, deep learning, natural language processing, computer vision, and data analysis. Their capacity to create sophisticated algorithms, construct AI models, and deploy AI solutions distinguishes them from the regular workforce and justifies their higher pay.
3. Commercial Impact: Artificial intelligence can transform sectors and deliver major commercial outcomes. AI experts are at the forefront of creating and deploying AI technologies that can automate processes, improve decision-making, optimize operations, and provide important insights. The influence of artificial intelligence on corporate development and profitability supports increased remuneration for AI practitioners.
4. Scarcity of Talent: Due to the rapid expansion and developing nature of AI, qualified people in the area are in short supply. The demand for AI expertise vastly outnumbers the available supply, resulting in fierce rivalry among firms to recruit and retain top AI specialists. Companies offer the highest paid jobs in artificial intelligence and compensation packages to obtain the services of these highly sought-after professionals.
5. Continuous Learning and Innovation: Because AI is a quickly evolving area, experts must keep current on the newest research, approaches, and tools. Continuous learning, attending conferences, seeking further degrees, and engaging in research projects all take time and effort for AI experts. Their constant dedication to study and creativity merits their greater salary.
AI specialists earn high wages due to a mix of high demand, specialized skill, considerable commercial effect, scarcity of personnel, and continual learning.
You can try out some AI courses online to get a better grasp at this.
Tools to Find Artificial Intelligence Jobs
As the demand for AI talent continues to rise, it's important to know where to look for job opportunities in the field. Luckily, there are various tools and platforms available that can help you find AI jobs, whether you're just starting your career or looking to advance to a higher-level position. Here are some of the top tools and resources to help you discover the highest paying ai jobs openings to stay ahead in the job search.
- LinkedIn: Connect with recruiters and search for AI positions.
- Indeed: Use keywords to find AI jobs and filter results.
- Glassdoor: Find AI jobs and access company insights and reviews.
- AI-specific Job Boards: Explore dedicated platforms like Kaggle and AI Jobs.
- Company Websites: Visit company career pages for AI job listings.
- AI Conferences and Events: Attend events to network and discover job opportunities.
- Professional Networking: Utilize your network to find hidden job openings.
- AI Startup Platforms: Explore platforms supporting AI startups.
Stay proactive and regularly check these tools for new AI job postings.
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Conclusion
LinkedIn currently lists more than 15,000 AI jobs, indicating a strong demand for AI professionals across various industries. The technology industry leads the pack, with companies such as Apple, Microsoft, Google, Facebook, Adobe, IBM, and Intel actively hiring for AI roles. Consulting firms like PWC, KPMG, and Accenture also have many AI job openings. However, you can stand out by enrolling in a great course just like KnowledgeHut’s Data Science course where you will gain the required knowledge and skills. Happy learning!
Frequently Asked Questions (FAQs)
1. What are Top 5 Best Paying Related Artificial Intelligence Jobs?
Here is the top five high-paying AI-related jobs:
- Machine learning engineer ($112,000 to $190,000),
- Data scientist ($105,000 to $180,000),
- AI research scientist ($100,000 to $170,000+),
- AI architect ($100,000 to $160,000),
- AI product manager ($90,000 to $150,000).
Salaries may vary based on factors such as location, experience, and company size.
2. What are the Top 10 Highest Paying Cities for Artificial Intelligence Jobs?
The top 10 highest-paying cities for artificial intelligence jobs include
- San Francisco, California;
- San Jose, California;
- Seattle, Washington;
- New York City, New York;
- Boston, Massachusetts;
- Los Angeles, California;
- Washington, D.C.;
- Austin, Texas;
- Chicago, Illinois;
- and Atlanta, Georgia.
These cities offer lucrative salaries for AI professionals, with variations based on factors such as cost of living and demand for AI talent in each location.
3. Which country offers the highest salaries for AI engineers?
The United States offers the highest paying ai jobs to AI engineers, especially in tech hubs like Silicon Valley. Salaries can vary based on factors like location, experience, and industry.
4. Which country is best for AI Jobs?
The United States is a top country for highest paying ai jobs due to its thriving tech industry, while countries like Canada, the UK, Germany, and China also offer promising opportunities. The best country for AI jobs varies based on individual preferences and career aspirations.
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