Employers are hiring more AI experts than last year, but the AI job market isn’t growing as quickly as it once was
Huge shortages, astronomical salaries, raids on engineering departments at universities—this has been the state of the job market for AI and machine learning experts for the past few years. And with AI technology finding use in new industries almost daily, it seemed demand for AI and machine learning expertise would never slack. But has it?
Job search site Indeed looked for the answer to that question in its annual review of AI job postings. And Indeed concluded that it just might be seeing a slowdown—that is, if you call 29 percent growth a slowdown.
The number of AI jobs listed on the site from May 2018 to May 2019 increased by 29 percent over the same period a year earlier. But that’s significantly less than the increase in the previous period, which was 58 percent over 2016 to 2017. And it represents a huge drop from 2016 to 2017, when AI job postings jumped 136 percent over the previous year’s count.