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Concerns have been expressed in the last year or so about how Artificial Intelligence could one day replace many roles that traditionally required a human being. You don’t have to look far to see a robot or machine working in a position traditionally held by a human, from self-checkouts to customer service chatbots.
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On the flip side, there’s also the possibility that AI could add more jobs to the economy. With the recent advancements in Artificial Intelligence, many experts suggest that money can be made. We researched how to make money with AI and the skills needed to succeed.
What Types of Jobs Can You Find Working in AI?
The good news is that this space has created numerous opportunities despite the fears that robots could replace millions of jobs in the coming decade. Here are the types of jobs that you can find in AI:
Machine Learning
Machine learning engineers are in high demand in the field of AI currently. You should have strong software skills and be able to apply predictive models. You’re going to have to work with massive data sets as well.
This may be one of the more challenging jobs to gain in this field, as you will need at least a bachelor’s degree in computer science along with years of experience in the field.
Data Scientist
Data scientists are responsible for collecting, analyzing, and interpreting large data sets with machine learning and AI systems. Those in this role are relied on for collecting, storing and making sense of the data to improve business decisions.
For a practical example, it should come as no surprise when the Facebook algorithm or the Netflix suggestions are accurate, as copious amounts of data sets have been analyzed to improve the individual user experience.
You’ll need some sort of a degree in mathematics or have extensive experience working with machine learning.
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AI Product Manager
Once a product is created, the Product Manager is needed to determine the market fit. This person will be utilized to manage the creation, application and overall management of products in the AI space. While the innovations in this field are astonishing, the firms behind them still have to ensure a market fit. A product manager will work with software developers, business strategists, and data scientists.
To find an AI product manager job, you should have a background in project management with some sort of a degree in this field.
Coding/programming
With the rise of AI-powered tools across various industries, there’s an increased demand for those with a coding or programming background. The credentials needed to find work in this space will depend on the type of coding platform that the company uses.
User Interface
You may be experiencing the user interface work daily, from your Alexa device in your home to the self-checkout at the grocery store. UX designers can expect to make an average salary of close to six figures, depending on their experience in the field.
This job requires a mix of technical and soft skills. The good news is that you can take a course from Google or IBM and be certified within months.
Prompting
A recent type of work that has popped up involves prompting. There are even startups dedicated to prompting alone. Jobs are available in prompt engineering that can pay over $300,000 that don’t require a background in engineering.
Prompt engineers are responsible for training AI chatbots to have better responses. For example, Anthropic recently had an open position for someone to work in prompt engineering that paid up to $375,000. The kind of education you need for this type of work is usually self-education, as the chatbot just came out last year, and instantly, many new opportunities were popping up.
There’s even a prompt marketplace that allows you to sell your prompts or hire prompt engineers. If you’re looking for a side hustle, there are various ways that you can take advantage of chatbots to make some extra money on the side, from writing articles to social media management.
It’s also worth mentioning that the credentials and skills required to work in AI-related jobs are rapidly changing as new tools are released.
Other Ways To Make Money in AI
There are numerous startups and businesses that are being built around using generative AI and AI-powered tools. These companies are hiring for positions across numerous fields, from customer service to brand ambassadors.
It’s also important to remember that almost every company utilizes AI at some level, so your current role may already have a machine learning component, or there could be the potential for you to transfer roles into a department that focuses on some sort of AI-powered tools.
You can also use AI to grow your current business. We’ve highlighted various examples of business ideas based on using ChatGPT, from personal training to data collection.
Recommended Skills for Working in AI
While some of the jobs in the field of AI will require an extensive background in engineering or coding, the work you find in this field doesn’t always have to be technical. You can learn more about AI by taking a course online or earning a certification from Coursera or the University of Michigan.
AWS even offers free online courses so that you can educate yourself on this space. From there, you could either get a salary raise at your current job or find new work based on your training.
When it comes to soft skills required to work in AI, Microsoft recently commented on the importance of emotional intelligence since one still has to determine when to leverage AI and when to rely on a human being. The report also discovered that the other key skills needed to thrive in this new environment are analytical judgment and flexibility.
It’s clear that generative AI is changing the workforce, and we’re still in the early stages.
Closing Thoughts
There’s money to be made from working with AI and understanding this field. Some jobs in AI will require extensive education and years of experience, but there are also jobs in AI that have just been created since the introduction of chatbots in late-2022 that could be obtained by taking an online certification or through self-education.
You can even create your own business from scratch using an AI chatbot as a personal assistant. The opportunities for work in AI are truly endless.
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This article originally appeared on GOBankingRates.com: Want a Job Working With AI? You’ll Need These Skills To Succeed
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