San Francisco-based startup recruitment company AngelList has released a new report revealing that AI and machine learning (ML) roles have supplanted roles in blockchain and cryptocurrency on the firm's job board, AngelList Talent, as the most coveted job for tech professionals.
In 2017, at the height of the crypto-hype, jobs in blockchain and cryptocurrency became the most sought-after roles by tech workers looking to become rich quick. However, as the hype died down throughout 2018, ML and AI took its place as the most desirable industry for tech professionals.
"The amount of users searching for positions in AI was one of the biggest surprises of the year," commented AngelList Talent CEO Amit Matani to Forbes. "Another surprise was the decline of the crypto boom."
Data and analytics roles followed AI as the second most coveted job as blockchain and crypto jobs fell to sixth. Also ranking high on the list were social-good startups, consumer companies and healthcare firms.
AngelList also revealed that just six tech hubs made up more than 40% of its job listings, with San Francisco leading the way with more than 2,000 AI startups featured on its platform, at least twice as many as any other city. The other five tech hubs that made up the 40% were New York, Bangalore, Los Angeles, Boston and London.
AngelList, which claims to have the world's largest pool of startup talent, saw a 70% increase in job listings throughout 2017. In 2018, a total of 138,000 new jobs were listed by more than 45,000 startups and 92,000 firms looking for new talent.