12 December 2023

By Mike  |  

Salary Trends for AI Developers in 2024

Salary-Trends-for-AI-Developers-in-2024

By Mike H.

category : Developers

ON : 12 December 2023

Artificial Intelligence (AI) is a big deal in the tech world. It’s like the brain behind computers, making them smarter.

In 2024, there’s a strong need for people who understand AI. These are the folks who can make computers do cool and smart things.

This is just restricted to computers, but about how AI might affect lots of different jobs in the tech industry.

In this read, we’ll look at the AI developer salaries in 2024.

Top 12 Highest-Paying AI Jobs In 2024

In 2024, AI developer salary or some jobs related to Artificial Intelligence (AI) pay well. Here are details and structure of artificial intelligence compensation for 12 such jobs:

Machine Learning Engineer:

These people make computer models that can predict things. 

They need to be good at math, know about machine learning, and be skilled in programming languages like Java, Python, and Scala.

Average salary range: The average salary for a Machine Learning Engineer in the USA is around $112,832 – $143,1801.

Data Scientist:

Data Scientists turn raw information into useful insights. 

They usually have advanced degrees in things like statistics, math, or computer science. They also need to be skilled in using different computer tools and programming languages.

Average salary range: The average salary for a Data Scientist in the USA is approximately $103,500 – $140,0792.

Business Intelligence Developer:

These folks look at data to find trends that help businesses make important decisions. They design and handle complex data on cloud platforms. 

To be good at this job, you usually need a background in engineering, computer science, or a related field.

Average salary range: The average salary for a Business Intelligence Developer in the USA is around $85,111 – $108,6993.

Research Scientist:

These are the people at the front of AI. They ask interesting questions and explore new ideas. They usually have a Ph.D. in computer science. 

Their work involves solving complex problems in areas like computer perception, graphical models, reinforcement learning, and natural language processing.

Average salary range: The average salary for a Research Scientist in the USA is approximately $76,8214.

Big Data Engineer:

Big Data Engineers build systems that help different parts of a business share information easily. 

While having a Ph.D. is good, it’s also important to have hands-on experience in programming and managing data. 

They often work with systems like Hadoop and Spark to create strong environments for big data.

Average salary range: The average salary for a Big Data Engineer in the USA is around $116,416 – $140,1805.

AI Software Engineers:

These engineers are like the architects of AI applications. 

They connect the work of data scientists and architects, creating and maintaining the software that AI needs to function. 

Usually, having a bachelor’s degree in related fields, along with programming and analytical skills, is important. 

Certifications in AI or data science can also help in getting better jobs. Hire AI developers from Greelance that connects businesses with highly skilled and vetted AI engineers from around the world.

Average salary range: The average salary for an AI Software Engineer in the USA is around $108,043 – $136,6206.

Software Architect:

Software Architects design and maintain the systems that use AI. They pick the tools and make sure data flows smoothly. 

Having a bachelor’s degree in computer science, information systems, or software engineering is expected. 

But practical experience is just as important.

Average salary range: The average salary for a Software Architect in the USA is around $97,000 – $177,0007.

Data Analyst:

Data Analysts get data ready for AI to use and create useful reports from the results. 

They need to be good at things like SQL and Python, and they use analytics tools for their work. 

Big companies like Meta and Google pay well for skilled Data Analysts.

Average salary range: The average salary for a Software Architect in the USA is around $97,000 – $177,0007.

Robotics Engineer:

Robotics Engineers play a big role in making AI-powered robots. 

To do this job, you usually need degrees in engineering, computer science, or similar fields. 

Knowing about things like CAD/CAM, vision systems, and the Internet of Things (IoT) is crucial for this work.

Average salary range: The average salary for a Robotics Engineer in the USA is around $100,6408.

NLP Engineer:

NLP Engineers specialize in human language, working on things like voice assistants and speech recognition.

Usually, you need a specialized degree in computational linguistics or a related field. 

Skills in statistical analysis, computational techniques, and knowing languages like Python are important. Experience in web development can also help in this job.

Average salary range: The average salary for an NLP Engineer in the USA is around $160,7789.

Computer Vision Engineer:

Computer Vision Engineers focus on making AI learn from digital images and videos. 

They work closely with other professionals to make sure the AI understands and extracts information correctly. 

To be good at this job, you need to design and train machine learning models.

Average salary range: The average salary for a Computer Vision Engineer in the USA is around $121,000 – $205,00010.

Prompt Engineer:

Prompt Engineers fine-tune AI applications. 

They make sure the AI responds accurately and meaningfully to user instructions. 

The earning potential for Prompt Engineers is very high, making it a promising career for many. This role is important in improving how AI-generated text works.

Average salary range: The average salary for a Prompt Engineer in the USA is estimated to be between $93,000 and $157,00011.

A Bonus Career Tip For You

There’s a growing need for people who understand a particular kind of AI called Generative AI (GenAI). This is the type of AI that creates new things, and more companies want to use it. 

Job postings asking for skills in GenAI have increased from less than 0.1% to 0.6% from 2020 to October 2023. This means that having skills in GenAI is becoming more and more important for jobs. 

Companies like IBM believe that GenAI will change how jobs work, and they think employees must learn about it. 

So, if you want to work in AI, it’s a good idea to learn about Generative AI.

The Ending Note

The AI job market in 2024 presents numerous opportunities for those skilled in various AI roles. We hope our article about AI salary trends & projections helped you. 

As technology continues to evolve, staying informed, adapting to changing trends, and developing skills in high-demand areas remain key to success! 

You can make a rewarding career in Artificial Intelligence and earn a sustainable livelihood by staying aligned with AI developer salary trends in 2024 and beyond.

Frequently Asked Questions

How much do AI developers make in 2023? 

The average salary for an AI Developer in the United States in 2023 is $129,348 per year.

What is the highest AI developer salary? 

The highest AI Developer salary in USA in 2023 is $158,500 

What is the job growth rate for AI engineers? 

The job growth rate for AI engineers is projected to be 23% between 2022 and 2032.

Will AI be in demand in future? 

Yes, AI will be in high demand in the future. By 2030, AI could contribute up to $15.7 trillion to the global economy. The AI market size is expected to reach $407 billion by 2027. The demand for AI-related skills is also growing rapidly.

How much do AI developers make in 2023?

The average salary for an AI Developer in the United States in 2023 is $129,3481.

Mike H.

Digital Marketing Head

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