Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts

Study Shows Where to Go to Find an AI Job

 It’s a brave new world: we’ve got self-driving cars, airport robots helping you find your gate, and refrigerators that can tell you when you need milk. Regardless of their purpose, smart tech has more Americans attuned to the artificial intelligence (AI) landscape these days.


For many, that means excitement about the growing cache of AI jobs out there. It’s true that opportunities in AI are taking off, and a new study by moveBuddha shows hotspots where this niche job market is booming.

With California’s long-time dominance in tech and startups, it only makes sense that almost 25% of the country’s AI jobs are in the Golden State. But there’s plenty of gold to go around. Up-and-comers are competing for dominance, and two states even have more AI jobs per capita than California: Virginia and Maryland each have 6 jobs available for every 10,000 residents.
The study shows where AI jobs are taking off — and where job seekers might want to take off and relocate. This post shares more insight on what makes a state shine, and some ways digital tech watchers can predict future superstar AI locations.

Where are AI Jobs Growing?

It turns out that it’s pretty tough to knock a long-time tech king off its throne. With plenty of jobs, lots of jobs on a per-resident basis (which should put large states like California in perspective), and high salaries for engineers in AI, California is home to more AI jobs than other states. By a long shot.

But other states are seeing their share of the AI pie, too. Here’s the top ten list:
  1. California
  2. Virginia
  3. Washington
  4. Maryland
  5. Texas
  6. Colorado
  7. Massachusetts
  8. Pennsylvania
  9. Missouri
  10. North Carolina

Best and Worst States Infographic

Why are AI Jobs Growing?

California’s longstanding position as #1 can be attributed to a number of factors:
  • Leading universities: With a research and talent pipeline, AI jobs bubble out of educational institutions.
  • Existing tech and AI companies: While new states are luring companies all the time, California has some high-profile heavy-hitters. From Meta to Google and Apple, AI jobs with these companies put the state on top. Note that #3 Washington is also home to existing large tech enterprises that are behind the high number of job openings, like Amazon and Microsoft.
  • A robust venture capital ecosystem: AI ventures are fairly new, and new companies need a nurturing system in which to develop ideas and grow. It all takes funding, so newcomers often follow that cash to places like Silicon Valley.
  • Network effects: With existing traction, AI players go where the action is. That creates more opportunities, ideas, new companies, and eventually, even more jobs.
  • What’s the lesson here? Some common elements help small ecosystems gain traction and grow as AI hubs. It starts with a research and capital commitment to AI. New cities that can anchor their digital tech industries with these two key elements can see their AI sectors growing.

    Ranking the 50 U.S. states by best for AI jobs in 2024 Table

    Virginia and Maryland’s Growing AI Hubs

    It can be difficult to replicate California's magic elsewhere, but some strong AI hubs are capitalizing on these core factors and their own strengths to make it happen.

    For example, #2 Virginia is a powerhouse near national government services and contractors. They’re strong in industries like defense, where AI is becoming indispensable. Northern Virginia, in particular, plays host to a network of defense, cybersecurity, and intelligence firms. And those companies could easily kick-start the network effects that catapulted California to the top of the tech industry.

    Further, Northern Virginia has also been a hub for data centers. Outside the pricy reaches of the D.C. beltway, the expansive Virginia suburbs provide space to support the nation’s computing needs. That’s led to hardware and software experts finding jobs and support in the area. It may be inevitable that those who specialize in machine learning are now finding their services in high demand there.

    There are also strong universities including those in Washington, D.C., and nearby Maryland (which also makes the top ten list).

    Other Top Ten Keys for Unlocking AI Jobs

    Why are other states on the top ten list? Here are some big components of their success:
    • Texas plays host to large tech giants: Dell, IBM, and Texas Instruments have long had large presences in the state. Oracle, Hewlett Packard, and Tesla have moved their headquarters from California.
    • CU Boulder (Colorado) scored a huge grant for an AI learning center that led to collaborations with students, industry, and researchers. It’s all growing the area’s research prowess but also network effects and talent pool. It’s also 8th in the country in venture capital investment.
    • Massachusetts’ universities feed its AI pipeline: Harvard, M.I.T., and a host of East Coast ivies feed this biggest city in New England, keeping the talent coming. Its venture capital network ranks second, behind California, to keep that talent and companies in the state, learning and growing.
    • Pennsylvania boasts Carnegie Mellon University, with a top computer science department and a long history of AI research. There’s also the University of Pennsylvania, a public Ivy League brainiac.
    • Missouri AI job listings come from a diverse group of companies across industries. That economic foundation has helped spawn Kansas City and St. Louis tech incubators to nurture more talent. It seems to be paying off.
    • North Carolina has a growing population, and is especially focused on cybersecurity sectors in banking hubs like Charlotte, while the north of the state has the “research triangle,” including reputable research universities churning out not only AI tech patents but a startup ecosystem to nurture the companies that emerge from its universities.
    • While none of these emergent competitors comes close to the amount of support California companies have enjoyed, they’re on their way. And as California has shown, once there are a few players in the area, a hub attracts new talent, companies, and capital more easily. In the case of AI, tech hubs all over the country have begun finding they’re able to fuel growth outside the Bay Area.

      That diversity is great for jobs and for job seekers who aren’t into fog, or who are seeking better housing prices, fewer earthquakes, a different climate, or just want to realize their company’s potential without uprooting from their favorite states.

      Where to Go to Become an AI Superstar

      If you’re looking for a job in AI, consider educational hubs. They often come with the young energy of new companies, research support, and startup incubators. Not only are college towns great places for big arts and cultural innovation. They’re also bubbling over with tech ideas and have the educational resources to support them.

      AI engineers who aren’t interested in startups should also look to corporate roles. After all, AI is going to play a role in company growth regardless of whether a company is a tech power or a design house. Even pet food firms are getting in on AI, with data learning behind everything from inventory to security and beyond. These roles are growing in more diverse sites across the country, including Charlotte, North Carolina, and Kansas City, Missouri.

      Overall, AI job seekers are in a stronger spot than ever. AI jobs are becoming increasingly common everywhere, and pretty soon candidates may not have to ask, “Where should I move?” at all, but will have their choice of multiple remote jobs in the industry no matter where they choose to call home.
    •  In the meantime, job seekers should watch job listings in states with strong education and industry connections. Or, perhaps obviously, train their AI to do it for them.

Google Downsizes: Ends Contract With Appen's Search Quality Raters

 According to a press release, Google has decided to terminate its contract with Appen. For those who are not aware, Appen is an Australian-based company that provides a large number of third-party search quality raters to Google and other tech giants.


Search quality raters play an important role in streamlining Google's search results. ⁤⁤The search quality raters are not responsible for directly changing the rankings or the positioning of websites in the SERPs. ⁤⁤However, they do use specific guidelines to assess search performance. ⁤⁤Ultimately, this helps Google understand what content is useful for the audience. ⁤

Reports suggest that the move to lay off search quality raters will cause Appen a significant revenue loss of $82.8 million. This move is expected to come into effect on March 19, 2024.
Currently, Google employs around 16,000 search quality raters, and those from Appen make up a large portion of this group. It's unclear if Google plans to end contracts with other partners or if they will replace these human raters with new ,hires or potentially with AI.

However, with the revolution of AI, the latter is most likely a possible move by Google. Industry speculation also foresees the same. Prominent contributor Dawn Anderson has been talking about the possibility of Google replacing human roles with AI for some time.

This shift raises the question that is on everyone’s mind, “What impact might the change have on search quality?” And most importantly, "Will more websites be affected by this downsizing, like they just did after Google's HCU?"
When contacted, Google’s spokesperson stated that the work previously done by Appen would be transferred to other suppliers. This decision is part of Google's effort to periodically modify its partners and offerings. Google also assured that the change won’t affect their output quality.


What Is The Current State Of The Global Creator Economy? This New Study Reveals It All

 A new study is shedding light on the current state of the creator economy around the globe. And after surveying around 9000 different creators, some facts are definitely worth a glance.


Just when you thought content creators only wanted to be famous influencers, here comes a new study to prove that theory wrong. Today, many are aligning themselves in a manner where they’re looked upon as business owners.

Today’s current state of the economy has made us realize one thing. More than 50% of firms in the US are planning to terminate jobs because they simply can’t pull through with this much recession. Even the tech industry has hit rock bottom in this regard.

But despite these facts, you’ll be intrigued to learn that there are still more and more content creators arising in the market. A total of 165 million people globally identify themselves as creators, over the last two years.

In America alone, we’re seeing the uprising of 35 million creators ever since the COVID-19 pandemic began, as proven by Adobe’s data.

Around 9000 creators underwent a recent survey in May and the sample size comprised mostly online creators hailing from Gen z. These came under the 16 to 24-year age bracket. And whatever estimates were released had to do with the sample size of the survey at hand.

We saw the firm enter into a partnership alongside Edelman Data and Intelligence for this particular study that arose across nearly 9 different nations. From Span and Japan to the US and Brazil, the list is quite long.

A creator was defined as a person above the 18-year age group that indulges in creative activities like writing, graphic designing, photography, and more. All of their posts are updated on a daily basis across an online platform.

On the other hand, the report highlighted the difference that stood out between an influencer and a creator. The former is the name given to creators that have a fan base greater than 5000 people across their social media platforms. Moreover, they earn money from whatever content that’s regularly posted.

Some important highlights of the Adobe report included how creators of today are more fond of being entrepreneurs as compared to attaining that influencer status. Yes, brands and their associated affiliate marketing definitely comprise a huge part of the income that creators get but nearly half of these people don’t want wish to be an influencer.

That’s just not what their end target is. There is more interest in having a business that they can call their own. And interestingly, nearly 17% of these people already have one that they’re focusing on.

So many creators want to follow the path taken by moguls in the world of social media. Common names like Emma Chamberlain and Jackie Aina were included. These women, one whose business is coffee and the other whose goods include candles, have great things going for them.

Other than that, the report spoke about how much revenue was being generated by creators. Yes, they work hard and stats prove that it’s definitely paying off for them. As far as figures are concerned, influencers make around $4700 while creators can attain up to $3000 each month.

For their work schedule, well, it’s around 15 hours a week for influencers while creators worked just 9 hours. And the money would be allotted on an hourly basis. Other than that, they’re combining their full-time job with this social media gig so the money is plenty.

Adobe also showed how the majority of creators were actually millennials but Gen Z did have a minority representation. And lastly, many creators found their job to be mentally pleasing and a break from hectic work life.