Newbies in the AI ​​field can be paid $1.8k, putting AI ahead of finance as the highest-paying industry.

Salary statistics for the second quarter of 2024 published by the leading recruitment platform in China Zhilian Zhaopin show that jobs in the AI ​​field saw a monthly salary growth of 5.3% compared to the previous quarter, to 13,594 CNY, or 1,870 USD.

The above results put AI above the finance industry, which has a monthly salary of 12,178-13,169 CNY, and is higher than the average salary of 10,000 CNY of other occupations. This is also the first time AI is classified into a separate field in this report instead of being grouped into the technology field as before.

As for AI engineers, the average monthly salary is more than 22,000 CNY, leading the 20 highest paid jobs in China in the quarter, more than another “hot” industry, semiconductor engineers, which has an average salary. 21,124 CNY. AI engineers will receive more if they have a high level of education, experience, or a position in computer vision or embedded software development teams.

According to SCMP, this is the result of the AI ​​development trend that is blooming around the world, while China is also making efforts to become self-sufficient in this field. Many companies are competing to get highly qualified talent with attractive salaries.”

Globaltimes estimates that the high salary of AI human resources comes from the sudden increase in demand from Chinese companies to develop more AI applications. Technology giants here such as ByteDance, Huawei and Tencent compete to attract top talent to achieve their goal of reaching the world. This site quoted sources saying that top experts can receive salaries of over 1 million CNY.

According to Liu Gang, chief economist at China’s Institute of New Generation AI Development Strategy, the need to recruit AI engineers will continue to increase in the coming time as AI has breakthroughs and influences everyone. other areas. This could create new standards for engineer salaries in 2024.

However, experts also recommend that as the AI ​​human resources market becomes more mature, companies will also need to adjust their recruitment activities and salary strategies to match standards and long-term developments. .

China is currently home to more than 4,500 AI companies. The artificial intelligence industry in this country is estimated to reach a scale of more than 81 billion USD by 2023, growing 13.9% compared to the previous year. However, they are also facing a number of challenges such as retaining talent, asymmetry in supply and demand for skilled professionals, as well as the need for a talent training system.