AI Engineer Salary in 2023: US, India, Canada and More | Simplilearn (2023)

A few decades ago, the term Artificial Intelligence was reserved for scientific circles and tech-enthusiasts who wanted to sound cool. But, ever since its coining in 1955, AI has only grown in popularity. Today, you wouldn’t find a technology magazine that doesn’t mention artificial intelligence in every other paragraph.

Who is an AI Engineer?

The last decade has made tremendous progress in refining AI and its real-life applications. Most technological advancements of recent times are based on AI to at least some extent. Be it top-level research in genetics or the camera of your smartphone; artificial intelligence is everywhere. Naturally, the individuals equipped with decent AI skills are in high demand all across the globe.

Artificial Intelligence Engineer

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Colloquially termed as AI engineers, these professionals are usually computer science students who post-graduate in artificial intelligence. However, neither of the above is mandatory. There are many informative guides present on the internet that provide in-depth information on how to become an AI engineer. Besides, you can learn AI and become an AI engineer by doing artificial intelligence courses online too.

Also Read: How to Become an Artificial Intelligence (AI) Engineer?

What Does an Artificial Intelligence(AI) Engineer Do?

Before getting on the question at hand, we need to know top AI engineer's job roles. Machine Learning (ML) Engineers, Data Scientists, Data Analyst, Computer Vision Engineer, Business Intelligence Developer, and Algorithm Engineers are just some of the many different positions that come under the umbrella of AI engineering. Each of these positions entails a different job-profile, but, generally speaking, most AI engineers deal with designing and creating AI models. Everything from the maintenance to performance supervision of the model is the responsibility of the AI engineer.

Most AI engineers come from a computer science background and have strong programming skills, which is a non-negotiable part of an AI engineer’s position. Proficiency in Python and Object-Oriented Programming is highly desirable. But for an AI engineer, what is even more important than programming languages is the programming aptitude. Since the whole point of an AI system is to work without human supervision, AI algorithms are very different from traditional codes. So, the AI engineer must be able to design algorithms that are adaptable and capable of evolving.

Other than programming, an AI engineer needs to be conversant in an assortment of disciplines like robotics, physics, and mathematics. Mathematical knowledge is especially crucial as linear algebra and statistics play a vital role in designing AI models.

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AI Engineers Salaries Across the Globe

At the moment, AI engineering is one of the most lucrative career paths in the world. The AI job market has been growing at a phenomenal rate for some time now. The entry-level annual average AI engineer salary in India is around 8 lakhs, which is significantly higher than the average salary of any other engineering graduate. At high-level positions, the AI engineer salary can be as high as 50 lakhs.

AI engineers earn an average salary of well over $100,000 annually. According to data from Glassdoor, the average national salary is $114,121; the low salary is $78,000 and the high salary is $150,000.

  • Although AI engineering is still an emerging career-path, the early adopters of AI with more than ten years of experience in the field can charge up to 1 crore per annum. These fantastic figures are not limited to India, though.
  • The average annual AI engineer salary in the US is over $110K.
  • The annual AI engineer salary in Canada is over 85,000 C$ on an average.
  • Prospects for AI developers are just as bright in Europe with a median AI engineer salary in the UK being over 60,000 pounds per annum.
  • In contrast, the annual AI engineer salary in Germany is somewhere around €84,574.
  • As for other major AI markets, the AI engineer salary in Australia can be as high as $110,000 per year.
  • And, the average annual AI engineer salary in Singapore is S$74,943

However, you must note that these figures can vary significantly based on several factors like:

  • The type of AI engineering viz. ML, Data Science, etc
  • Experience
  • Skills and qualifications

Companies Hiring for Artificial Intelligence Engineers:

Here is the list of companies/ startups hiring in AI right now are IBM, Fractal.ai, JPMorgan, Intel, Oracle, Microsoft, etc.

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Best Countries for Artificial Intelligence Jobs

The top 7 countries with the maximum opportunities for Artificial Intelligence (AI) Professionals are:

  • United States (US)
  • Europe
  • India
  • Germany
  • Canada
  • United Kingdom (UK)
  • China.

There are various positions that an AI engineer can take up. An AI engineer’s salary depends on the market demand for his/her job profile. Presently, ML engineers are in greater demand and hence bag a relatively higher package than other AI engineers. Similarly, the greater the experience in artificial intelligence, the higher the salary companies will offer. Although you can become an AI engineer without a Master’s degree, it is imperative that you keep updating and growing your skillset to remain competitive in the ever-evolving world of AI engineering.

Top AI Jobs

There are a number of exciting and in-demand jobs in the field of artificial intelligence (AI). Here are some of the top AI jobs that you may want to consider:

1. Machine Learning Engineer

As a machine learning engineer, you will be responsible for developing and implementing algorithms that enable computers to learn from data. This includes working with large data sets, designing and testing machine learning models, and tuning algorithms for efficient execution.

2. Data Scientist

Data scientists use their expertise in statistics, mathematics, and computer science to analyze complex data sets. They work with organizations to gain insights that can be used to improve decision-making.

3. Artificial Intelligence Researcher

As an AI researcher, you will be responsible for investigating and developing new artificial intelligence algorithms and applications. This includes conducting research, writing papers, and presenting your findings at conferences.

4. Software Engineer

Software engineers develop the software that enables computers to function. This includes creating algorithms, testing code, and debugging programs.

5. Systems Engineer

Systems engineers design and oversee the implementation of complex systems. This includes planning and coordinating system development, ensuring compatibility between components, and troubleshooting issues.

6. Hardware Engineer

Hardware engineers design and oversee the manufacture of computer hardware components. This includes circuit boards, processors, and memory devices.

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7. Network Engineer

Network engineers design and implement computer networks. This includes configuring networking equipment, developing network architectures, and troubleshooting network problems.

8. Database Administrator

Database administrators maintain databases and ensure that data is stored securely and efficiently. This includes designing database structures, implementing security measures, and backing up data.

9. Information Security Analyst

Information security analysts plan and implement security measures to protect computer networks and systems. This includes researching security threats, assessing risks, and developing countermeasures.

10. User Experience Designer

User experience designers create user interfaces that are both effective and efficient. This includes developing navigation schemes, designing graphical elements, and testing prototypes.

These are just a few of the many exciting and in-demand jobs in the field of artificial intelligence. With the right skills and experience, you can find a position that matches your interests and abilities.

Top AI Recruiters/ Top Companies Hiring for AI

Just as AI is transforming the business landscape, it is also opening up new opportunities in the recruiting sphere. Here are some of the top companies and recruiters who are hiring for AI roles:

  1. Google: One of the tech giants leading the charge in AI development, Google is also one of the top employers looking for talent in this field. The company is looking for candidates with experience in machine learning, natural language processing, and deep learning.
  2. IBM: Another tech giant, IBM has been at the forefront of AI development for many years. The company is now looking to expand its AI team and is seeking candidates with experience in data science, machine learning, and deep learning.
  3. Facebook: The social media giant is also looking to get into the AI game and is seeking candidates with experience in machine learning and artificial intelligence.
  4. Amazon: The e-commerce juggernaut is also looking to join the AI race and is hiring for roles in machine learning and artificial intelligence.
  5. Apple: The Cupertino-based tech giant is also looking to hire for AI roles, specifically in the field of machine learning.

These are just some of the top companies and recruiters who are hiring for AI roles. If you have the right skills and experience, don't hesitate to apply!

How to Boost AI Salary

There are a few key things you can do to help boost your AI salary. First, focus on acquiring in-demand skills. One of the best ways to do this is to enroll in a top-rated certification program. Second, keep up with the latest industry trends and developments. Finally, consider pursuing management or leadership roles within your organization. By taking these steps, you can position yourself for success and earn a higher salary in the AI field.

Check out the video below that talks about the job opportunities and skills that one should master to become successful in AI industry.

What Can the Year 2023 Bring for AI Engineers?

Even as you read this article, the demand for AI is booming across the globe. AI engineer salaries will keep rising as industries like tech, financial services, and medical research turn to artificial intelligence. As more global brands like Google and Nvidia dive deeper into Artificial Intelligence (AI), the demand and the salaries for AI engineers will only go upwards in 2023 and the decades to follow. Even government agencies in many developed and developing nations will open up AI engineer positions as they realize the enormous impact AI can have on the defense and governance sector.

Also Read: Advantages and Disadvantages of Artificial Intelligence

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Looking at the current pandemic scenario, jobs are better left till the dawn of next year. The time you have right now will be far better utilized in upgrading your AI repertoire.

Unlike most other fields, AI of tomorrow will look nothing like the AI of today. It is evolving at a breathtaking speed, and ensuring your Artificial Intelligence (AI) skills are relevant to current market needs, you better keep upgrading it. But, do not be overwhelmed, because in Artificial Intelligence (AI) - like in all walks of life - taking the first step matters the most. Completing an AI Basics Course is as good a first step as any. Follow it up with more Advanced Artificial Intelligence Course and preparations for AI interview questions. And, before you know it, you will be standing in the world of AI engineers!

FAQs

1. What is the salary of a AI Engineer in India?

The salary of an AI Engineer in India can range from 8 lakhs to 50 lakhs annually.

2. What is the starting salary for a AI Engineer in India?

The starting salary for an AI Engineer in India can be from 8 lakhs annually.

3. What is the highest salary for a AI Engineer in India?

50 laksh is the highest salary for an AI Engineer in India

4. How does AI Engineer Salary in India change with experience?

As experience and position increases, the salary also increases.

5. What are the top paying industries for AI Engineer in India?

IT is one of the highest paying industry for AI Engineer.

6. What are the popular/top skills required to become a AI Engineer?

Popular skills for AI Engineers to have are programming languages, data engineering, exploratory data analysis, deploying, modelling, and security.

7. How much does an Artificial Intelligence Engineer make?

Average Artificial Intelligence Engineer salary in the US is around $100k annually.

8. What are Top 5 Best Paying Related Artificial Intelligence Engineer Jobs in the U.S.?

Top 5 Artificial Intelligence Jobs in the US are Machine Learning Engineer, Data Scientist, Business Intelligence Developer, Research Scientist, and Big Data Engineer/Architect.

9. What is the lowest salary for an AI Engineer in United States?

The lowest salary for an AI Enginner in the US is around $100k annually.

10. What is the highest salary for an AI Engineer in United States?

Highest salary can go over $150 to $200k annually.

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