Top 10 Best Highest Paying Artificial Intelligence (AI) Jobs 2024 With Salaries
Five years ago, artificial intelligence seemed like something out of science fiction. People were worried it would lead to massive job losses and machines dominating our lives.
Now, with the introduction of ChatGPT, businesses are increasingly embracing AI for its many benefits. At the same time, job seekers are finding new opportunities in this evolving field.
AI is transforming our daily lives and work, offering a range of exciting and lucrative career paths. Roles such as AI engineer, big data analyst, data science analyst, data analyst, and business intelligence developer are among the highest paying in the industry. There's no better time to start exploring these opportunities.
Check out the Top 10 Best Highest Paying AI jobs for 2024 and beyond.
Top 10 Best Highest Paying Artificial Intelligence (AI) Jobs 2024 With Salaries
1. Machine Learning Engineer
2. AI Engineer
3. Data Scientist
4. Computer Vision Engineer
5. Natural Language Processing Engineer
6. Deep Learning Engineer
7. AI Research Scientist
8. Business Development Manager
9. AI Product Manager
10. AI Consultant
1. Machine Learning Engineer
A machine learning engineer specializes in creating algorithms and models that can analyze large datasets to make predictions. Their job involves designing, developing, and implementing these models. They often work closely with software engineers and data scientists to build advanced systems and algorithms.
In the US, the average yearly salary for a machine learning engineer is $109,143.
2. AI Engineer
AI engineers are essential for creating and deploying artificial intelligence systems. Their work involves developing AI models and algorithms, building and optimizing AI systems, preprocessing and cleaning data, and collaborating with data scientists and software engineers. They also keep up with the latest advancements in AI.
To become an AI engineer, you need strong technical skills, a solid understanding of mathematics and statistics, and proficiency in programming languages.
In the US, the average yearly salary for an AI engineer is $160,757.
3. Data Scientist
Data scientists, also known as big data engineers, specialize in applying statistical and machine learning techniques to analyze large datasets. They use these methods to extract insights and patterns from unstructured data. Data scientists work closely with business leaders to identify trends and make informed, data-driven decisions.
In the US, the average yearly salary for a data scientist is $126,974.
4. Computer Vision Engineer
Computer vision engineers use AI and machine learning techniques to help computers understand and interpret visual data. They work closely with other engineers to develop systems capable of detecting and categorizing images, videos, and other visual information. This field is known for offering some of the highest salaries in AI.
In the US, computer vision engineers earn an average annual salary of $168,803.
5. Natural Language Processing Engineer
Natural language processing (NLP) engineers focus on using tools and platforms such as speech recognition to apply machine learning and NLP techniques. Their role involves enabling computers to understand and interpret human language. Working alongside other engineers, they transform unstructured speech and text into data that computers can process effectively.
In the US, the average annual salary for an NLP engineer is $86,193.
6. Deep Learning Engineer
In the field of AI, one of the exciting careers is that of a deep learning engineer. These professionals use advanced methods to equip computers with algorithms that enable them to learn from vast datasets. Working closely with data scientists and other tech experts, deep learning engineers develop and implement complex neural networks and other deep learning algorithms.
In the US, the average annual salary for a deep learning engineer is $141,435.
7. AI Research Scientist
AI research scientists are at the forefront of innovation, posing novel questions that AI can answer. They lead cutting-edge research initiatives, creating new technologies that enhance business operations. These scientists are tasked with pushing AI's limits, demonstrating its potential before companies invest heavily in new tools or products. As demand for AI expertise grows, so does the need for research scientists.
In the US, AI research scientists earn an average annual salary of $115,443.
8. Business Development Manager
Among all AI roles, AI business development managers stand out as some of the highest-paid professionals in 2024. Their primary responsibility is to identify new business opportunities and devise strategies for company growth. They work closely with other managers and executives to explore new markets and establish partnerships.
In the US, AI business development managers earn an average annual salary of $196,491.
9. AI Product Manager
AI product managers earn substantial salaries because they lead teams in developing AI-based solutions. They work closely with engineers and data scientists to identify opportunities and devise strategies for creating new AI products. With expertise in deep learning and machine learning, AI product managers understand how to apply AI techniques effectively to solve various problems. They excel in enhancing existing products through machine learning innovations.
In the US, AI product managers earn an average annual salary of $128,091.
10. AI Consultant
An AI consultant provides guidance to businesses on integrating AI and machine learning to boost efficiency, cut costs, and drive revenue growth. They work closely with engineers and fellow consultants to help clients discover new possibilities and develop strategies for leveraging AI in their operations. This role commands one of the higher salary ranges within the AI field.
In the US, AI consultants earn an average annual salary of $124,843.
Conclusion
If you're aiming to enter the AI industry and establish a successful career but lack the required skills, consider starting with an online MBA specializing in Advanced AI and Automation from Nexford University. This program requires completion of three specialized courses alongside 10 core MBA courses. It focuses on teaching skills aligned with current employer demands and market trends through their Workplace Alignment Model. The curriculum is designed to equip you with practical skills that employers value.
FAQs
1. What will be the highest paying job in 2024?
In 2024, the highest-paying job in the USA is that of a Chief Executive Officer (CEO). On average, CEOs earn around $329,500 per year. However, salaries for this position can range from $276,500 to as high as $396,000 annually.
Computer Vision Engineers rank among the top-paying positions in the field of AI.
3. What jobs will AI take over in the next 10 years?
Various reports suggest that by 2030, nearly half of all jobs in transportation and over 5% in warehouses could be at risk of automation by AI and robotics. This translates to potentially displacing over 10 million jobs in the US alone over the next 5 to 10 years.
4. What is the #1 best paying job?
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- Anesthesiologist. #1 in Best-Paying Jobs (tie)
- Obstetrician and Gynecologist. #1 in Best-Paying Jobs (tie)
- Oral and Maxillofacial Surgeon. #1 in Best-Paying Jobs (tie)
- Psychiatrist. #4 in Best-Paying Jobs.
- Nurse Anesthetist. #5 in Best-Paying Jobs.
- Pediatrician. #6 in Best-Paying Jobs.
- Orthodontist.
- IT Manager.
5. Which job will AI not replace?
AI can propose ideas and provide inspiration, yet accurate interpretation still relies on human expertise. Roles like analysts and scientists demand domain knowledge and critical thinking, which AI cannot replace. These professionals are essential for deriving insights and recognizing patterns effectively.
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