Lucrative Salaries for AI Professionals Heading Skyward in July 2020

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Artificial intelligence jobs are currently the highest paid in the tech industry. They’re the perfect recipe for handsome paychecks.

The AI field is trending but the supply for talent is scarce.

It is no surprise that the market is seeking skilled AI talents right now. The business value AI predicts to create will reach USD 3.9 trillion in 2022, says Gartner.

According to IDC, worldwide spending on AI systems and cognitive capabilities are bound to reach USD 77.6 billion within the same year (2022).

By the end of 2020, machine learning and AI are predicted to have the potential to create an additional USD 2.6 trillion value in the field of marketing and sales, predicts the McKinsey Global Institute.

The number matters as IT leaders will be needing AI professionals to run the show in their organization.

Let us dive deeper and have a look at the topmost paid AI job roles in July 2020.

  • Artificial Intelligence Engineer

AI engineers hold extensive expertise in building AI models using machine learning algorithms. These AI models are built from scratch. As an AI engineer, you need to convert ML models into APIs making it available for other applications to use. Professionals looking to become AI engineers should be efficient in AI engineer skills — programming in R, Python, C++, and Java, probability and statistics, big data technologies and Spark, algorithms, and Python frameworks, etc. To get started the individual should have a deep understanding of data science, software engineering, and programming.

  • Average salary — INR 7,04,455 per year
  • Salary range — between INR 450,000 — INR 2,654,000 per year

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