People say that AI is the future of engineering, but do you believe this?
Yes, it is a new field to build a career in, but is it as high-paying as the buzz says?
How many options are available to those who choose AI as their career path?
Since it is a new field, people expect fewer options, but let me tell you, this field is in high demand.
So, before others start jumping on your options, you should not delay and grasp one yourself.
There are more than 15 career options available if one chooses AI as their future field of work. Check out the article below to find out and decide which AI career option to pick in the coming years.
Many would argue that AI is not the future and has no such role in the economy of the world. As per the US Secretary of State, Antony J. Blinken,
What is AI?
The National Artificial Intelligence Act of 2020 (US) defines AI as “The term Artificial Intelligence means a machine-based system that can, for a given set of human-defined objectives, make predictions, recommendations or decisions influencing real or virtual environments.”
Top 20 High-Paying Career Options in AI:
As per a well-known career platform, Indeed, here are some of the highest-paying jobs offered in the field of AI:
1. Big Data Analyst
The job description of any Big Data Analyst includes finding meaningful patterns in data by analyzing the past to help make predictions. The average salary for any Big Data Analyst in the US is between $80000- 120000 per year. People with this job profile in India make as much as INR 950 per hour working in companies like TCS and Capgemini.
2. User Experience (UX) Designer/Developer
The people with this job profile have to work with products and help the consumers understand their functions. They help people use AI products or Applications with ease. UX developers also understand the way people use types of equipment and they know how to apply this knowledge to produce advanced software.
3. Natural Language Processing Engineer
These engineers explore the connection between human language and computational systems. This includes working on projects like chatbots and virtual assistants as well. The estimated total pay for a Natural Language Processing Engineer is $96,576 per year in the United States area, with an average salary of $84,034 per year.
Read Also: What is ChatGPT and How to use this AI tool?
4. Research Scientist
This is a highly regarded job profile in the field of artificial intelligence. The professional must be an expert in applied math, machine learning, deep learning, and computational statistics as well. He/she should also have an advanced degree in computer science or any related field of AI. As per Glassdoor, a highly acclaimed career guide platform, the average salary for an AI Researcher is US$1,80,672 per year in the United States. The average additional cash compensation for an AI Research Scientist in the United States is US$47,317, with a range from US$35,488 – US$66,244.
5. Software Engineer
This is the professional responsible for developing programs for AI tools to function. He is also referred to as a Programmer or an AI developer in many organizations. As per ZipRecruiter, a famous website in the US, the average hourly pay for an Artificial Intelligence Programmer in the United States is $41.29 an hour. The data on Payscale.com indicates that the highest pay for an AI Programmer or Software Engineer is $121k / year.
6. AI Engineer
The estimated total pay for an AI Engineer is as high as $132,171 per year in the United States, with an average salary of $104,875 per year. The main job of any AI Engineer is to build AI models from scratch and help product managers and stakeholders understand the results.
7. Data Analyst
As per Indeed, a data analyst is a technology expert responsible for organizing and translating data for clients. Their job description includes conducting system tests and collecting and monitoring data to create reports based on findings. The average salary given to any Data Analyst in the United States is between $62000-90000 per year (Glassdoor)
8. Manufacturing Engineer:
Any manufacturing engineer finds ways to improve the design of the manufacturing product. Their job description includes analyzing current procedures and finding areas of improvement. They are responsible for creating new designs to manufacture tools or systems. In the field of AI, their focus is on developing AI systems for the manufacturing industry. As per the data on Indeed, the average salary of any manufacturing engineer is $85552 per annum. According to the data on Glassdoor, the estimated total pay for an AI Engineer is $134,107 per year in the United States area, with an average salary of $108,075 per year.
9. Machine Learning Engineer
A machine learning engineer has a job to design and improve machine learning systems. They test systems, design AI algorithms, and conduct various device tests. These professionals also train systems to perform user-specific actions. According to Glassdoor, the average salary for an AI/ML Engineer is US$1,31,928 per year in the United States. The average additional cash/ bonus paid to an AI/ML Engineer in the United States is US$11,687, the range of which is $8,765 – $16,362.
10. Algorithm Developer
The job of an algorithm developer is to analyze and write algorithms, (procedures designed to automate a system or process in technology). Their job includes researching algorithms and collaborating with the developing team to conduct performance analysis to improve the algorithms. They also help in finding bugs within the programs. The average salary of any Algorithm Developer is $154000 per annum.
11. Data Scientist
Data scientists gather data and interpret the results into reports. Yes, they are paid to do this work. However, it is not that easy when you have to work with statistical models and collaborate with clients and other teams to provide results to a group of consumers. The average salary for a Data Scientist is ₹13,07,500 per year in India. The average additional cash compensation for a Data Scientist in India is ₹1,20,000, with a range from ₹1,00,000 – ₹2,00,000.
12. Business Intelligence (BI) Developer
These professionals analyze the data sets to identify business trends and ways to generate money in the AI industry. The approximate salary of BI Developers is in the range of $90k to100k per annum.
13. Computer vision engineer
These professionals make as much as $124,373 per year in the USA. A CV engineer uses software to analyze heavy data, researches machine learning techniques, creates automation processes, etc. They work with visual data like video feeds or computer-generated images.
14. Robotics Engineer
This person in his workspace has the job of designing, building, and testing robots or robotic systems. They create prototypes and build and analyze new robotic machines. As per the job search platform Indeed, their average salary is above $110000 per annum in the US.
15. Computer Scientist
These people are involved in writing programming software, researching new technology, and creating new products. They are paid more than $100000 per annum for their work.
The above-mentioned jobs happen to be the top 15 highest-paying jobs in the artificial intelligence industry. As you all can analyze the salaries and the job description of each mentioned, we hope it will help you find the most suitable one.
Frequently Asked Questions (FAQs)
Answer: The best job in AI is an AI scientist, as it is the highest paying among others.
Answer: Algorithm developers generally research algorithms. They also collaborate with the developing team to conduct performance tests to improve the algorithms they develop.
Answer: Yes, a degree in computer science and engineering would be helpful. However, it is not a necessity in the field of AI.
Answer: The highest paid in the field of AI are AI Scientists, Researchers, Computer Science Engineers, etc.