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Practical expertise drives salary premiums in the AI sector, finds new study

A new analysis by researchers at the Oxford Internet Institute, University of Oxford, published in Technological Forecasting and Social Change, examines how businesses in the UK are responding to the hiring gaps in AI-related recruitment,

A recent study by the Burning Glass Institute and SHRM highlights the significant salary premiums in the AI sector, driven by practical expertise rather than just academic qualifications. The research indicates that AI professionals with hands-on experience can command salaries up to 25% higher than those with only theoretical knowledge. This trend underscores a shift in employer demand towards skills that can be immediately applied in real-world scenarios, particularly in areas like machine learning, data science, and natural language processing. The study also notes that while AI-related jobs are growing, the skills gap remains a challenge, with companies increasingly investing in training programs to bridge this divide. This focus on practical skills is reshaping the job market, emphasizing the importance of continuous learning and adaptation in the rapidly evolving field of AI.

Read the Full MSN Article at:
https://www.msn.com/en-us/technology/artificial-intelligence/practical-expertise-drives-salary-premiums-in-the-ai-sector-finds-new-study/ar-AA1AavJE