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Artificial intelligence (AI) impacts everything, from the healthcare industry to the global economy. As technology improves, there will be an increasing demand for highly skilled professionals who understand how to leverage AI in ways that further drive productivity. When considering what degree you need to work in artificial intelligence, an advanced degree, such as an online Master of Artificial Intelligence, is a potential choice. 

The Current and Future State of the AI Sector

PwC Global’s Artificial Intelligence study accurately describes the current impact AI has on the world, and it even projects the technology’s future impact. According to data from the study, implementing and harnessing AI will contribute a potential $15.7 trillion to the global economy by 2030. Additionally, local economies that do so are projected to enjoy up to a 26% increase in GDP in the same time frame. 

The U.S. Bureau of Labor Statistics projects that AI will affect some occupations and industries more than others. Between 2023 and 2033, the top 10 affected occupations are as follows:

• Software developers
• Personal financial advisors
• Database architects
• Financial and investment analysts
• Electrical engineers
• Electronics engineers, except computer
• Database administrators
• Aerospace engineering and operations technologists and technicians
• Computer hardware engineers
• Civil engineers

Individuals who learn to harness and utilize AI to develop software, robotics, and other products and services will likely fare well in these roles. 

What Does Working in AI Look Like?

Before examining what degree you need to work in AI, it helps to understand what working in this field might look like. Professionals working in this sector spend their time developing AI models, preprocessing data, training and tuning algorithms, and finding unique ways to integrate AI technology into many types of pre-existing applications. 

These professionals tend to work full-time hours in climate-controlled office environments. They may work as employees for major corporations, or they may choose to join firms that provide third-party services for many different businesses. Some work independently as freelancers or contractors, and many use their skills to become successful entrepreneurs. 

3 Careers in AI to Consider

Numerous careers exist within the AI space, but three stand out above the rest in terms of salary and potential for growth. 

Data Scientist

Data scientists collect, categorize, and evaluate data that they determine useful for a specific project. They then present their findings to businesses and stakeholders to help make business decisions. Prior to AI, these professionals relied on complex algorithms—or built their own software—to extract useful data from databases, but AI makes this process simpler and more efficient. 

According to data from the U.S. Bureau of Labor Statistics (BLS), data scientists earn a median annual salary of $112,590 as of May 2024. Employment in this field is projected to grow by a staggering 36% between 2023 and 2033, making it one of the fastest-growing occupations in the nation. 

Software Developers

Software developers design and implement software and applications based on users’ or clients’ needs. They create models and diagrams showing the code required and ensure programs continue to work as intended, making changes as the needs of their users or clients change. AI has significantly impacted the role, reducing the friction in automating updates, enhancing efficiency, and boosting productivity, particularly when it comes to repetitive tasks like code generation. 

Software developers earned a median annual salary of $131,450 as of May 2024, per information from the BLS. Employment is projected to grow by 17% between 2023 and 2033, making it another solid option for professionals seeking job security. 

Mechanical Engineer

Mechanical engineering is a broad field, but most of these professionals analyze various problems and scenarios to determine whether mechanical devices could provide solutions. They may design or redesign a device or their related systems with the help of AI, computer-aided design (CAD), and analysis. Many work in the automotive or HVAC industries, and others, such as robotics engineers, use AI to develop robotic sensors for specific applications. 

According to the BLS, mechanical engineers earned a median annual salary of $102,320 as of May 2024. Employment in this field is projected to grow by 11% between 2023 and 2033, which is much faster than the average across all occupations. 

What Are the Best Degrees for AI?

The best degrees for AI start at the baccalaureate level, and some of the most popular options include degrees focusing on fields like computer engineering, data science, or data analytics. Many roles in AI, however, require a master’s degree. Though bachelor-level programs such as computer science or data science can prepare aspiring professionals for several important roles that utilize AI, an online Master of Science in Artificial Intelligence may be the preferred degree for those who prefer to specialize in AI. 

An advanced AI degree teaches foundational knowledge and practical skills, including machine learning, deep learning, natural language processing, robotics, vision, and data acquisition. The program also provides students with modern AI-related technology, allowing them the opportunity to create AI-based solutions. 

Embrace the Future of AI with an Online Master’s Degree

Within the last decade, AI technology has improved exponentially. Rapid growth calls for skilled professionals who can harness and leverage the technology in ways that save their employers or clients money and boost productivity. 

An online Master of Science in Artificial Intelligence from New PÕ¾ÊÓƵ College can be a stepping stone into many different AI-related careers, including data science, software development, and mechanical engineering. Learn more about how this degree can provide you with the experience and knowledge you need to lead the future of AI development. 

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