US-Based Generative AI Job Postings Surge 20% in May

TL;DR:

  • Generative AI-related job postings in the United States rose by 20% in May, reaching 204 per million job postings.
  • This figure more than doubled compared to 2021, indicating the growing importance and potential of generative AI as a key driver of growth.
  • Data scientist roles accounted for 5% of the AI job postings, while positions like software engineer, machine learning engineer, and data engineer were also in demand.
  • The introduction of OpenAI’s ChatGPT has contributed to the increased interest in AI-related jobs.
  • Despite the surge in generative AI job opportunities, the broader tech job market in the US has experienced a decline of 43.6% since June last year.
  • Generative AI job searches have seen a significant rise, reaching 147 per million total jobs searched in May.
  • Major companies like Meta Platforms, Apple, TikTok, Pinterest, and Amazon.com are actively listing generative AI job openings.

Main AI News:

The demand for generative AI talent in the United States experienced a significant upswing last month, with job postings in this field increasing by approximately 20%, according to data obtained from the leading job portal Indeed. This surge in job opportunities reflects the growing recognition of generative AI as a pivotal technology driving future growth across various industries. The May statistics, boasting an impressive 204 generative AI job postings per million, more than doubled the figure recorded in 2021, underscoring the palpable excitement surrounding the potential of AI. Notably, the exceptional success achieved by OpenAI’s ChatGPT has contributed to this surge in interest and demand.

Among the diverse range of AI-related roles, data scientist positions accounted for 5% of the generative AI job postings on Indeed’s US platform. However, the demand extended beyond this domain, encompassing positions such as software engineer, machine learning engineer, and data engineer. This multifaceted demand demonstrates the versatility and broad applicability of generative AI across industries.

Nick Bunker, Director of Economic Research at Indeed, remarked, “There has been a notable increase in job seeker interest in AI-related jobs, especially since the introduction of ChatGPT.” The emergence of ChatGPT has served as a catalyst, amplifying job seekers’ enthusiasm and curiosity about AI-related roles.

Interestingly, this surge in generative AI job opportunities arrives at a time when the broader tech job market is grappling with challenges, including mass layoffs at major companies like Meta Platforms (META.O) and Amazon.com Inc (AMZN.O), as they navigate an uncertain economic landscape. In fact, tech job opportunities in the United States have experienced a staggering decline of 43.6% since June of the previous year, as reported by Indeed. Consequently, the number of available AI jobs has struggled to keep pace with the high level of interest exhibited by job seekers.

Indeed’s data also sheds light on the increasing interest in generative AI roles, as evidenced by the significant rise in searches for such positions. In May, the number of searches for generative AI jobs reached 147 per million, a substantial leap from virtually zero searches recorded just a year ago.

To provide job seekers with a comprehensive overview of the market, Indeed’s US website prominently features generative AI job listings from prominent companies such as Meta Platforms, Apple, TikTok, Pinterest, and Amazon.com. This indicates the widespread adoption of generative AI technology across a diverse range of industry leaders, further reinforcing the notion that generative AI is poised to revolutionize various sectors.

Conclusion:

The surge in generative AI job postings in the US signifies the industry’s strong momentum and recognition of AI’s potential for growth. The increased demand for skilled professionals in this field reflects the transformative impact generative AI is expected to have across various industries. However, the decline in the overall tech job market suggests a need for balancing job opportunities to match the high interest from job seekers. The rising interest in generative AI job searches indicates a growing curiosity and desire among professionals to work in this field. With leading companies actively recruiting for generative AI roles, the market is poised for continued expansion and advancement in the domain of AI technology.

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