While there’s mounting concerns that artificial intelligence is replacing jobs, it’s not all bad news for the labor market, particularly for workers with AI skills.
Rather than replacing roles with AI, many companies are hiring workers who can leverage artificial intelligence, a new study published in July found.
In an analysis of over a billion job postings, labor insight platform LightCast identified not only a surge in demand for AI skills, but also higher average pay for jobs that required them.
“Job postings are increasingly emphasizing AI skills and there are signals that employers are willing to pay premium salaries for them,” Elena Magrini, head of global research at LightCast, told CNBC.
Job postings that mentioned at least one AI skill advertised salaries 28% higher on average than those that listed none, representing roughly $18,000 more per year. For those with at least two AI skills, the premium was 43% higher.
