It’s impossible to ignore the shift in the technology landscape, with artificial intelligence (AI) now commanding the spotlight more than ever. A recent study, premised on Google Trends data, identifies ‘AI jobs’ intriguingly dominating ‘crypto jobs’ extensively in online searches. The triggers? Notably, AI-centric announcements from the likes of OpenAI‘s ChatGPT, Google Bard and Microsoft’s investment in OpenAI.
Following the November 2022 unveiling of ChatGPT, ‘AI jobs’ reached an impressive peak score of 124 by April 30, 2022. Indeed, AI’s popularity as an employment sector has historically outstripped crypto. By 2020, ‘AI jobs’ were threefold more prevalent than ‘crypto jobs’, until the 2021 cryptocurrency burst that witnessed the rise of ‘crypto jobs’.
This spike in crypto interest emerged around the time of crypto payments support adoption by big-wigs such as Venmo, MasterCard, and PayPal. Broader crypto recognition – such as Bitcoin’s legal tender status in El Salvador – and significant decisions by corporations like MicroStrategy and Square heated up ‘crypto jobs’ interest that nonetheless remained below ‘AI jobs’ at its pinnacle.
Yet, the crypto market sentiment was marred by various elements – a bearish downturn, the FTX exchange’s collapse, layoffs across prominent crypto marketplaces including Crypto.com, Coinbase, and OpenSea. So did the tight regulatory scrutiny from watchdogs such as the US Securities and Exchange Commission. The result? ‘Crypto jobs’ interest plummeted to a disappointing score of 9 in late December 2022 – marking a -288% drop from its highest point.
Despite these turbulences, interest in ‘crypto jobs’ remains slightly above the pre-2020-2021 bull market levels, subtly indicating persistent intrigue in the sector. A country-wise dissection of interest presents an interesting global perspective. Singapore is in the forefront of both crypto and AI jobs. Here, a business-friendly environment and a rapidly expanding crypto ecosystem have fuelled considerable crypto industry investment. Besides, active encouragement from the Singaporean government for public sector AI adoption makes it an epicenter of AI job opportunities.
AI job interest remains robust in Pakistan and Kenya, with respective governments promoting AI-trained graduates and companies integrating AI technology across multiple sectors. Surprisingly, despite strict currency regulations, Nigeria joins the UAE in showing considerable interest in crypto jobs, viewing cryptocurrencies as a cost-efficient medium for money transfers.
Source: Cryptonews
