Welcome to the world of jobs-based “AI Intensity”.
There’s plenty of talk about the job-loss implications of artificial intelligence, with 77% of Americans being “concerned” about losing their jobs to AI, according to Forbes Advisor.
Yet the spotlight doesn’t shine as brightly on the number of jobs artificial intelligence is expected to create – and that’s a lot of jobs.
A case in point. Artificial intelligence is expected to create 97 million new jobs by 2025, according to the World Economic Forum.
Ironically, AI is now being deployed to track the number, quality, and regions where those jobs are based.
UMD-LinkUp, a collaboration between the Robert H. Smith School of Business at the University of Maryland, LinkUp Job Market Data, and Outrigger Group, is rolling out the first A-designed tool for mapping American jobs requiring artificial intelligence skills called UMD-LinkUp AI Maps.
According to the University of Maryland, the jobs tracking tool “visualizes the spread of jobs requiring skills in AI across the country – by sector, state, and more granular geographic levels.”
When deployed, the end user will see an interactive map that monitors new U.S.-based AI jobs each month. “The map ranks states by their share of those jobs; do a deeper dive across economic sectors, metropolitan areas, and counties; and determine a region’s so-called “AI Intensity,” which the university defines as the “ratio of its AI jobs to all other postings,” UMD states.
Out With the Old
The mapping technology could replace current internet search engine keyword searches for AI jobs, which leads to 70% “false positives” when job seekers go online to search for AI posts.
The university says its UMD-LinkUp AI Maps uses a fine-tuned large language model (LLM) to enhance better job search accuracy, which filters AI jobs with an accuracy “exceeding 90% when compared against manual checks by researchers.”
“In short, we are using AI to track the dispersion of AI jobs,” says Anil K. Gupta, a University of Maryland business professor and co-lead of the project. “We’re using highly specialized LLMs to assist with filtering AI jobs for an accurate and timely assessment of what constitutes an AI job.”
The mapping tool’s initial findings point to an interesting result – the Washington, D.C. region, only eight miles from the UM campus, is listed as the second-largest AI job hub in the U.S., behind Silicon Valley.
Brian O’Connell, a former Wall Street bond trader and best-selling author, is a prominent figure in the finance industry. With a substantial background as an ex-Wall Street trader, he has authored two best-selling books: ‘The 401k Millionaire’ and ‘CNBC’s Creating Wealth’, demonstrating his profound knowledge of finance and investing.
Brian is also a finance and business writer for esteemed national platforms and publications, including CNN, TheStreet.com, CBS News, The Wall Street Journal, U.S. News & World Report, Forbes, and Fox News.
