AI has revolutionized industries by automating tasks, enabling predictive analysis, and facilitating advanced decision-making processes. Within the vast field of AI, generative artificial intelligence stands out as an intriguing branch. This technology empowers systems to generate text, images, and other media in response to prompts, fueling creative possibilities. The term gained prominence with the introduction of Chat GPT, a pioneering generative AI model.
The rapid evolution of generative AI is reshaping various fields, driving a rising demand for skilled professionals who can push the boundaries of this transformative technology. To gain insights into the job landscape for generative AI, we analyzed data scraped from Indeed, a prominent job search website. Our focus encompassed five influential cities in the United States: New York, Los Angeles, California, Chicago, and San Francisco. In this blog, we delve into the analysis findings, providing a comprehensive understanding of the hiring landscape for generative AI across these major US cities.
Data Attributes
The dataset used for the analysis consists of 259 records and the following fields extracted from indeed.com
job_link: It is the address of a particular job on the web.
job_title: It specifies the designation of the job posted.
company_name: It is the name of the company which has posted the job opening.
company_location: It is the location where the company is situated.
salary: It provides the annual average salary that the company is offering for the specified job opening.
job_type: It specifies whether the job is full-time, part-time or others.
rating: It is a rating of the company given by the company employees.
searched_job: It specifies the job keyword we used to search for the job on the Indeed website.
searched_location: It specifies the location keyword we used to search for the job on the Indeed website.
Now, let's move on to our analysis.
Data Analysis
In the field of generative AI, there are a total of 259 job openings across five major cities in the US. These are provided by 141 different companies, which shows the growing demand for skilled professionals in the Generative AI domain. Now, let's analyze the job openings by the company and location.
Job Openings by Company
As discussed earlier, the 259 job openings are provided by 141 different companies. The top companies ranked by the number of job openings and the number of job openings in each of them are visualized in the given graph.
The inferences from our analysis are as follows:
Meta has the highest job opening across five cities in the field of generative AI. It indicates the growing importance and evolution of generative AI.
The next company with the highest job opening is EvenUp Inc (11) followed by Apple (8), NVIDIA (8), SambaNova Systems (7).
Jobs Openings by Location
The 259 job openings are spread across five cities of the US. The job openings in each city are visualized below.
The inferences from our analysis are as follows:
California has the most number of job openings (139) followed by New York with 57 openings.
Los Angeles has the least number of job openings (9).
Salary Analysis
Salary analysis is an important factor of understanding compensation trends and making informed decisions. Recruiters can assess the competitiveness of their salary package and ensure they attract top talent. Whereas job seekers can leverage this analysis to negotiate better offers. We have conducted the salary analysis by examining the average salary and salary range in each of the five cities. The visualization of the analysis and the inferences are discussed below.
Salary Range Analysis
Salary range analysis involves examining the minimum and maximum salary levels for job specific job positions or within an organization. Here, we analyzed the maximum and minimum salary for the generative AI job openings in each of the five cities and the visualization is as shown.
From the above graph, we can conclude the following:
The highest salary is $412050 and is in California.
The lowest salary is $37440 and is in New York.
Average Salary Analysis
Average salary analysis provides valuable insights into the typical earning potential for a specific role and helps in understanding the compensation trends. We have analyzed the average salary for generative AI job roles in each of the five cities and the visualization is as shown.
From the above graph, we can conclude that:
Los Angeles has the highest average annual salary of $172500. It is followed closely by California, with an average annual salary of $172471.
Chicago has the lowest average annual salary of $127355.
Wrapping up
Generative AI is an evolving field and presents exciting opportunities with attractive compensation. As it is an evolving field, staying updated about the latest developments and acquiring relevant skills is important for individuals seeking a career in generative AI.
Based on our analysis of generative AI job opportunities in five major cities of the US, it is evident that the demand for skilled professionals is on the rise. This analysis holds valuable insights for both recruiters and job seekers, providing them with an understanding of the current compensation trends and the abundance of job openings in different cities. By keeping a pulse on the evolving landscape, both employers and candidates can make informed decisions to thrive in the dynamic realm of generative AI.
Check out the Indeed Generative AI Job Data here.
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