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CoinGecko Study Shows Shift in Popularity from Crypto Jobs to AI Jobs

Published 05/07/2023, 17:30
Updated 05/07/2023, 17:45
© Reuters CoinGecko Study Shows Shift in Popularity from Crypto Jobs to AI Jobs
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  • CoinGecko’s study uncovers a significant surge in search interest for “AI jobs.”
  • Search interest in “AI jobs” skyrocketed, reaching its peak five months after the introduction of advanced AI models.
  • The research reveals the impact of market volatility and the emergence of AI technologies on job seekers’ search preferences.

A recent study conducted by CoinGecko, a leading cryptocurrency data analytics platform, delved into the search interest for crypto jobs and AI jobs. The study indicates a significant shift in focus as search interest for “AI jobs” peaked four times higher than “crypto jobs.”

This trend aligns with the increasing prominence of artificial intelligence in various industries and the emergence of groundbreaking AI technologies.

CoinGecko’s study examined global search interest for “crypto jobs” and “AI jobs” using Google Trends data from January 2020 to June 2023.

According to CoinGecko’s study, the surge in search interest for AI jobs reached its peak, scoring 124 on April 30, 2022. On the same day, the crypto jobs score stood at 31. The score is based on the total search score of Google Trends data. This remarkable increase came just five months after the introduction of advanced AI large language models like ChatGPT, Google Bard, and Microsoft’s investment in OpenAI.

The rising popularity of these AI technologies likely contributed to the shift in job seekers’ attention towards AI-related roles.

Before the rise of AI’s popularity, the average search interest for AI jobs was three times higher than crypto jobs in 2020. However, the dynamics changed with the onset of the crypto rally in 2021. As the crypto industry experienced substantial growth, the search interest in crypto jobs also witnessed a notable increase.

While the crypto industry enjoyed its surge, it was not immune to market volatility. The study reveals that search interest in crypto jobs experienced a significant decline, reaching a low score of 9 on December 25, 2022. This -288% drop from its peak coincided with pivotal events, including the collapse of FTX and layoffs at major crypto platforms like Binance and Coinbase (NASDAQ:COIN). The market fluctuations and negative news during this period likely contributed to the decreased interest in crypto job opportunities.

The post CoinGecko Study Shows Shift in Popularity from Crypto Jobs to AI Jobs appeared first on Coin Edition.

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