• 15 hours Renters Are Striking As COVID Reshapes Real Estate
  • 23 hours Nothing Can Stop The Tesla Boom
  • 2 days 9 Ways The Lockdown Is Playing Out Around The World
  • 2 days WeWork Sues SoftBank For Withdrawing $3 Billion Insider Payoff
  • 3 days Solving Transportation’s Biggest Problem
  • 3 days Big Banks Could Win Big On Fed Small Business Bailout
  • 3 days Trump Increases Pressure On Venezuela
  • 3 days Researchers Create Organic Battery
  • 4 days Gold Is Still A Safe Haven, But Not Very Alluring
  • 4 days China Is Buying Up Billions Of Barrels Of Cheap Crude Oil
  • 5 days Are Gold Stocks Going To Bounce Back?
  • 5 days The Politics Of A Pandemic
  • 6 days What Does CHina’s EV Slowdown Mean For The Battery Metals Sector?
  • 7 days COVID Report Cards Will Brand Businesses Forever
  • 7 days Trump Tweet Sends Oil Soaring 25%
  • 8 days Why The Coronavirus Economic Crash Is Worse Than You Think
  • 8 days Is A Global Currency Necessary?
  • 9 days America Has Shed 500,000 Millionaires Since The Coronavirus Lockdown Began
  • 9 days Trump Wants Another $2 Trillion Economic Intervention
  • 10 days The Surprising Businesses Deemed “Essential” During The Coronavirus Lockdown
  1. Home
  2. Tech
  3. Other

The Most Desirable Profession In Tech

Cash

With blockchain technology poised to upend virtually every industry on the planet, from global resource distribution to big finance, it’s safe to say that developers who are experts in blockchain tech are highly sought after.

In fact, according to the new U.S. Emerging Jobs Report from Microsoft-owned Linkedin, developers and engineers specializing in peer-to-peer distributed ledger platforms have surged by 330 percent this year, miles ahead of any other profession.

In a distant second, growing by over 120 percent this year, as the demand for machine learning engineers.

Like blockchain developers, A.I. engineers were wanted most in San Francisco and New York.

Linkedin’s study reveals similar findings to Hired, a tech-focused firm that helps clients recruit candidates, which noted that, despite falling crypto prices and a lower amount of bitcoin and cryptocurrency related gigs, blockchain jobs were soaring. And so were the salaries.

Unsurprisingly, the report named software engineering as the position with the most openings in U.S. markets. With over 80,000 positions available, knowing how to code can make someone very desirable in the job market.

So how much do these jobs pay?

 According to the Hired report, blockchain jobs are now on par with A.I. engineers, reaching as high as $175,000, sometimes even higher. And compared to the average tech worker salary, even in San Francisco, which clocks in at around $142,000, demand is so high that the number is likely to continue rising. Related: Worst December For Stocks Since The Great Depression

Mehul Patel, CEO of Hired, explained, "There's a ton of demand for blockchain," adding "Software engineers are in very short supply, but this is even more acute and that's why salaries are even higher."

Who’s hiring?

Unsurprisingly, already-established tech giants such as Microsoft, Oracle, IBM, Visa, Mastercard, Accenture, and Facebook are leading the charge, but startups and smaller private companies becoming increasingly competitive.

Armed with venture capital and, in some cases, crowdfunding, smaller players are able to offer up a pretty penny for the right talent.

But even then, the right talent may be hard to come by.

While there are nearly 20 million software developers in the world, there are only a handful of dedicated blockchain engineers, though that number is steadily climbing.

By Michael Kern via Crypto Insider

More Top Reads From Safehaven.com

Back to homepage

Leave a comment

Leave a comment