According to research by PwC analyzing nearly one billion job ads globally, industries utilizing AI are witnessing substantial productivity and wage growth, with revenue per employee increasing dramatically from 7% annually (2018-2022) to 27% (2018-2024). While AI-related jobs offer an 11% salary premium, the pace of job openings in AI-utilizing occupations has lagged behind less exposed sectors. PwC's CTO emphasizes the need for expanding technology access and training to ensure equitable benefits, highlighting the transformative potential of AI in the evolving job market.
Sectors in which AI can be readily used for some tasks - including the software industry - have seen higher productivity and wage growth than others, according to research by PwC.
Jobs requiring AI skills carried an 11 percent salary premium in 2024 compared with those that did not.
AI can provide stardust to those ready to adapt, but risks leaving others behind. A concerted effort is needed to expand access to technology and training.
The research found that job openings in occupations which might use AI have been growing at a slower pace compared to other sectors.
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