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Friday, February 23, 2024
HomeNewsBritain Sees World-beating Growth In Artificial Intelligence Jobs

Britain Sees World-beating Growth In Artificial Intelligence Jobs

  • Sector booms as jobsite Indeed records threefold increase in AI jobs since 2015
  • Britain outstrips the US, Canada and Australia in demand for AI skills
Britain Sees World-beating Growth In Artificial Intelligence Jobs

The UK’s artificial intelligence sector is growing faster than rivals in America, Canada and Australia – putting Britain on course to be the global leader in AI technology. That’s the finding of new data released by the world’s largest job site, Indeed.

AI technologies require highly skilled workers who can develop and maintain complex systems and applications. In the last three years, demand from UK employers for these types of workers has almost tripled, according to Indeed’s data.<

Roles typically include data scientists and machine learning engineers, specialists who play a crucial part in teaching machines how to use and interpret data.
Millions of us interact with AI on a daily basis, often without realising. Smart home devices like the Amazon Echo, or cutting edge tech such as facial recognition software and driverless cars, are some of the more obvious examples of AI in use.

AI jobs also pay well above the UK average salary, with data scientists typically taking home £56,385 a year and machine learning engineers earning an average of £54,617 a year.

Despite the financial rewards on offer, there is still a challenge to find the talent. Indeed researchers found that the share of available AI jobs in Britain outstripped the share of interested candidates by 6 times. The number of UK jobseekers looking for AI roles has doubled since 2015, but it’s still struggling to keep up with demand from employers.

Thanks to its booming tech sector, the UK has a higher concentration of available AI jobs than the United States, Canada and Australia. At the start of 2018, 1,300 out of every million UK jobs advertised on Indeed were in AI, nearly double the level in Canada and over 20% more than the level in the US.

At the start of 2018, 1,300 out of every million UK jobs advertised on Indeed were in AI, nearly double the level in Canada

Tara Sinclair, economist and senior fellow at Indeed, commented: “From both a jobs and a society perspective, AI is a technology that has the potential to be truly transformative. While the jury is still out on how many existing roles could be made redundant as AI becomes more widespread, or whether its potential for job creation outweighs any losses, in the short-term AI is providing a shot in the arm to Britain’s jobs market.

“A number of companies are exploring how AI might be used to boost their bottom line, while also holding out the prospect of previously undreamt of technology that could one day excite and delight millions of people.

“Britain’s reputation as a tech leader has made it a natural home for the booming AI sector, and the UK’s concentration of AI jobs has risen steadily – and now outstrips that in the other major English-speaking countries.

“AI jobs are not for everyone, as they require highly specialised skills. So it’s essential that post-Brexit Britain retains the ability to attract the global talent it needs to keep its AI sector in pole position.”

Hernaldo Turrillo
Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.
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