By Adelaja Emmanuel Boluwatife
Salaries rise by 25% as a result of high demand for artificial intelligence skills, according to a survey by pricewaterhousecoopers. According to the pwc global ai jobs barometer survey, ai-related job postings have increased 3.5 times faster than other occupations since 2016, with the united kingdom, the united states, and canada leading the way. The study examined over 500 million job advertisements from 15 countries and found that skills sought by employers were charging at a 25 percent higher rate in occupations most vulnerable to ai. To remain competitive, workers in those fields would need to acquire new skills, according to the study. Ai could improve job creation, leading to economic growth and higher wages, according to the report. Ai is transforming the labour market globally, according to carol stubbings, pwc uk’s tax & legal services leader, and it is good news for a global economy plagued by significant economic challenges and questions about long-term business sustainability. “the findings highlight optimism about ai in many economies that are struggling with labour shortages and low productivity growth, with the technology providing a window into economic growth, job creation, and the development of new industries entirely,” the report states. However, the findings indicate that workers will need to develop new skills, and that companies will need to invest in their ai strategies and people if they want to accelerate their growth and ensure that they are ready for the ai age,” stubbings said