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AI Fuels Tech Talent Job Growth: CBRE
Demand for tech workers in artificial intelligence (AI) increased in 2023, despite slower tech talent job growth overall last year, according to CBRE’s annual Scoring Tech Talent report. For the first time in the report’s 11-year history, non-tech industries hired more tech employees than the tech industry.
“Increased demand for specialized skill sets in artificial intelligence has fueled tech talent job growth across all sectors,” said Colin Yasukochi, executive director of CBRE’s Tech Insights Center. “We anticipate more tech hiring to take place this year and into 2025 as companies further develop and adopt this technology.”
U.S. tech talent employment grew by 3.6% in 2023, down from 7.3% in 2022. The overall slowdown was accompanied by a shift in hiring momentum to non-tech employers, led by the professional & business services sector.
The San Francisco Bay Area, Seattle and the New York metro area house the largest clusters for AI talent, accounting for 44% of the total 285,235 AI tech jobs domestically. In Canada, Toronto, Vancouver and Montreal are the leading AI markets.
- ◦Economy
