AI boom sparks massive job growth

1852

BEIJING (ANN/CHINA DAILY) – According to a report from Securities Times on Wednesday, roles tied to emerging forces like artificial intelligence (AI) and large-scale models are in high demand in this year’s job market, with some positions boasting lucrative salaries to lure top talent.

Over the weekend, a bustling scene unfolded at a major job fair in Shanghai, despite chilly weather conditions. The event, which hosted 1,000 companies offering a total of 20,000 jobs, featured a dedicated section spotlighting industries linked to the burgeoning productive forces. 

Among the 22 innovative technology firms present were Transwarp, specialising in large-scale modelling data provision, and MoSeeker, a domestic company offering digital recruitment solutions.

These cutting-edge companies were on the lookout for professionals in roles such as algorithm engineers, product managers, and community operators.

The development of large-scale models has reached a crucial stage, empowering various industries and requiring a diverse range of talents in areas such as data processing and model training, said Zhang Jiaqing, co-founder and chief marketing officer of OpenCSG, a Beijing-based company that provides oversight and training solutions for large language models.

Demand for talent in this field has surged with the emergence of the text-to-video model, Sora, which has enhanced AI-generated text-to-video capabilities, bringing unprecedented visual impact.

Job seekers look at an information board at a large-scale job fair in Shanghai on Feb 24, 2024. PHOTO: ANN/CHINA DAILY SOURCE

According to recruitment portal Liepin, new job listings in AI-related domains increased by 612.5 per cent compared to the previous year’s first week after the Spring Festival holiday, with an average annual salary reaching CNY443,700 (USD61,632).

Algorithm engineers and product managers topped the list of most sought-after positions in the field of AI-generated content (AIGC), accounting for 18.95 per cent and 12.63 per cent, respectively.

Product manager positions in the AIGC field received nearly ten times more applications compared to the previous year.

Another trend reflected from the job market is how the manufacturing sector continues to see a rise in job opportunities, driven by ongoing industrial upgrading.

Data from Zhilian Recruitment shows that the manufacturing industry accounted for four seats in the top ten industries in terms of year-on-year growth in the number of job openings in the first week after the Spring Festival holiday (February 18 to 23).

The automotive and industrial automation industries saw growth rates of 15.2 per cent and 15.8 per cent, respectively.

The first week after the Spring Festival holiday saw an increase in both job demand and job seeker activity when compared to last year, an indication of a busy recruitment market.

Liepin’s data shows that new job postings on its platform during the first week after the Spring Festival holiday increased 23.6 per cent over the same period last year, the highest growth in nearly five years.