Predicting the Growth Rate of AI-Related Occupations: Insights from the U.S. Bureau of Labor Statistics

Predicting the Growth Rate of AI-Related Occupations: Insights from the U.S. Bureau of Labor Statistics

The rise of artificial intelligence (AI) has spurred significant growth in related occupations. According to the U.S. Bureau of Labor Statistics (BLS), between 2016 and 2026, computer-related occupations are projected to grow by 13 percent. This surge is particularly evident in AI engineering roles, where the BLS projects a job growth rate of 23 percent between 2022 and 2032, significantly outpacing the average for all occupations (5 percent).

Impact of AI on the Global Workforce

AI adoption is forecasted to have a substantial impact on the global workforce. By 2030, it is estimated that 14 percent of the global workforce could see job losses due to AI and automation. In the United States alone, the adoption of AI is projected to lead to the elimination of 1.3 million jobs by the end of 2020. However, AI also presents opportunities for job creation, with 58 million new jobs expected to be generated between 2018 and 2022. By 2025, AI is anticipated to replace 16 percent of American jobs. Total employment is projected to increase by almost 4.7 million from 2022 to 2032.

Broader Impact of AI on Computer and Information Technology Occupations

The BLS has recognized the growth in AI-related occupations and projects significant growth for several computer and information technology (IT) occupations that may encompass AI-related roles. Specifically:

Computer and information research scientists Software developers Computer systems analysts

These occupations are expected to see faster-than-average job growth according to BLS projections. This reflects a broader trend of increased integration of AI across various industries, driven by advancements in technology.

Obtaining the Most Current Projections

To get the most current and detailed projections for AI-related occupations, it's advisable to refer to the latest reports and analyses from the BLS or other reputable sources specializing in labor market trends and emerging technologies. These reports often provide valuable insights into the expected growth rates, job outlooks, and skill requirements for occupations within the field of artificial intelligence.