The Top 7 Highest Paying Jobs in AI to Accelerate Career Growth in 2024

The World Economic Forum’s Future of Jobs Report 2023 suggests that Artificial Intelligence (AI) and big data will be important skills that will be most prioritized for reskilling and upskilling by 2028. The report says that the increasing use of AI will create 40% additional jobs in the next five years. In fact, there will be a net growth of 50% in AI and machine learning specialist jobs. These statistics clearly explain that AI will revolutionize the job sector, and eventually, more industries will have openings for lucrative AI jobs. However, ultimately, you must focus on securing the highest-paying jobs in AI to gain a competitive edge.

This blog discusses the following:

Highest Paying Jobs in AI

• AI Research Scientist
• AI Architect
• AI Programmer
• AI Product Managers
• Natural Language Processing Engineer
• Head of Analytics With Artificial Intelligence
• AI Lead Data Scientist
• Frequently Asked Questions on Highest Paying Jobs in AI

1. Highest Paying Jobs in AI: AI Research Scientist

This is one of the highest-paying AI careers that requires researching AI’s latest technologies and market trends. AI research scientists work closely with data scientists to build useful AI models and algorithms that have practical uses in various industries.

Average annual salary: ₹21,46,037. Additionally, an AI research scientist’s average cash compensation is ₹2,25,000 per year.

Essential skills required:

• Software development
• Machine learning
• Robotics
• Deep learning

2. Highest Paying Jobs in AI: AI Architect

This is one of the most lucrative careers with the highest AI salaries in 2024. AI architects are IT professionals who essentially develop and maintain a robust IT infrastructure to deploy modern AI solutions.

Average annual salary: ₹37,99,837. In addition, the average cash compensation for this role is ₹2,99,837 per year, making it one of the most lucrative AI jobs.

Essential skills required:

• Software engineering
• DevOps
• Natural language processing
• AI integration

ALSO READ: Top 10 Artificial Intelligence Jobs in India: A Glimpse at the Opportunities Available

3. Highest Paying Jobs in AI: AI Programmer

Programming is one of the best AI jobs for professionals who have a keen interest in developing and maintaining applications. AI programmers collaborate with data scientists and AI engineers to perform multiple tasks, such as developing new AI software programs and upgrading existing programs accordingly.

Average annual salary:  ₹27,75,000. Additionally, the average cash compensation for this role is ₹5,50,000 per year.

Essential skills required:

• Programming language
• Artificial neural network
• Data engineering
• Data analysis

4. Highest Paying Jobs in AI: AI Product Managers

Product management is one of the highest-paying jobs in AI because it requires business acumen, technical knowledge, and a deep understanding of User Experience (UX) and  User Interface (UI). Moreover, AI product managers are responsible for researching market trends and developing and launching AI products.

Average annual salary:  ₹26,78,330. Furthermore, lead AI product managers can earn up to ₹33,00,000 on average per year.

Essential skills required:

• Product management
• Critical thinking
• Predictive modeling
• Data analytics

5. Highest Paying Jobs in AI: Natural Language Processing (NLP) Engineer

It is a branch of AI that allows computer programs to interpret and manipulate human texts or words, similar to humans. This specialty makes it one of the highest-paying jobs in AI.

Furthermore, it is also one of the best AI jobs since it involves developing devices that can understand human language.

Average annual salary:  ₹12,00,000

Essential skills required:

• Deep learning
• Machine learning
• Python

ALSO READ: Make a Career in Artificial Intelligence (AI)

6. Highest Paying Jobs in AI: Head of Analytics With Artificial Intelligence (AI)

Data analytics is another one of the highest-paying jobs in AI.  It involves collecting, processing, and analyzing data sets. These data sets are further used to train AI models and algorithms and generate valuable insights. Essentially, data analytics professionals mainly work on predictive AI models.

Average annual salary: These professionals earn ₹75,00,000 on average.

Essential skills required:

• Data modeling
• Data analysis
• Business intelligence
• Strategy
• People Management

7. Highest Paying Jobs in AI: Lead AI Data Scientist

As one of the highest-paying jobs in AI, this role significantly contributes to the growth and development of AI algorithms. Lead AI data scientists supervise and manage their teams in building AI algorithms that can understand data patterns and show relevant results.

Additionally, since one of the vital uses of AI is analyzing vast amounts of data and providing the required output, the lead data scientists use their technical expertise and analytical skills to build and train AI models and algorithms.

Average annual salary: ₹53,17,645

Essential skills required:

• Machine Learning
• Python
• Statistical Analysis
• Big Data Analytics
• Deep Learning

ALSO READ: Top Skills Required to Make a Career in AI

Frequently Asked Questions

How Will AI Jobs in 2024 Evolve in Terms of Salary Potential?

When we look at AI career growth, AI salaries in 2024 are likely to be almost 20% higher than the average salaries for other jobs.  The maximum number of top AI jobs will be found in major technology clusters across India—Bangalore, Delhi, Hyderabad, and Mumbai.

What Skills and Qualifications are Required for the Top Paying AI Jobs in 2024?

Within the next five years, AI jobs in India will require more advanced experience and qualifications as compared to other jobs. The best AI jobs will require a master’s or doctorate in computer science or an equivalent degree.  Moreover, high-paying AI job prospects will also require skills such as NLP, machine learning, software engineering, deep learning, and data analysis.

Which Industries are Expected to Offer the Highest Salaries for AI Professionals in 2024?

By 2024, the highest-paying AI careers will likely be in IT, finance, healthcare, manufacturing, and telecommunications.

To conclude, there are high-paying AI job prospects in India, as over 60% of online job postings demand AI skills. However, one of the biggest challenges professionals face while seeking the best jobs in AI is advanced knowledge and experience requirements. In fact, the top AI jobs in India are more than twice as likely to ask for a master’s degree and more than seven times as likely to ask for a doctorate in comparison to non-AI jobs.

Since companies are willing to pay high salaries for the best jobs in AI, they need more experienced candidates. Evidently, this clearly showcases the need to gain a competitive edge for AI career growth. Emeritus’ online artificial intelligence courses teach practical uses of AI in addition to the necessary skills required to build a successful career in it. So, go ahead and explore Emeritus’ online artificial intelligence and machine learning courses today to secure the highest-paying jobs in AI.

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