The tech industry employed 48% of total AI-specialty talent in the U.S. and 46% in Canada–the most in each country, according to CBRE.
“The most significant indicators for any market’s potential growth of AI-specialty talent are the presence of universities with established AI education programs, major technology companies developing AI and available venture capital funding,” it says.
The San Francisco Bay Area dominates for these indicators, attracting more than half of U.S. AI venture capital funding, most of the country’s largest start-up AI companies and two of the top five university AI programs, according to U.S. News & World Report. Seattle, New York Metro, Boston, Los Angeles, Toronto and Washington, D.C. also have many of these growth indicators, according to the report.
“Existing tech talent workforces are rapidly upskilling to include AI development skills as companies across all industries deploy this new technology. Thus, AI-skilled tech talent will remain in high demand,” says CBRE.
Generative artificial Intelligence (GenAI) is now more widely implemented in global organizations compared to other AI applications, according to a previous report from WEKA and S&P Global Market Intelligence.