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Comparing Salary Disparities: Web3 vs. AI Employment

Comparing Salary Disparities: Web3 vs. AI Employment

AI Could Enhance Web3 Skills

A recent study conducted by consulting firm Access Partnership and Amazon Web Services reveals that employees in finance, education, and healthcare believe that their AI skills can lead to higher salaries. Roles in information technology, sales, and marketing are also expected to see pay increases of 31%, 37%, and 47% respectively.

AI plays a crucial role in Web3, the decentralized version of the internet that incorporates blockchains, data autonomy, and decentralized identities. Similar to Web2, Web3 requires content writers, designers, social media managers, and community managers. By improving their AI skills, workers in Web3 can expect to earn more.

A study by the Boston Consulting Group found that gig workers who possess a broad range of skills have a better chance of finding work compared to those with narrow skill sets. Additionally, using AI for specific tasks can enhance productivity, particularly in roles that rely heavily on public domain knowledge.

How Much Does a Web3 Job Pay?

The salary for a Web3 job may not differ significantly from that of a Web2 job. The amount depends on the specialization required for the role. Developers, who are highly sought after for their ability to build core infrastructure, typically command higher salaries. Experience and job location also play a role in determining salary thresholds.

Developer Salaries |
Developer Salaries | Source: HackerNoon

If you’re interested in pursuing a Web3 career, now is a good time to enter the field. In India, where approximately 11% of Web3 companies are based, the talent pool is relatively small at 75,000 individuals. However, it is expected to grow by 120% in the next one to two years. Lisbon has also become a popular destination for blockchain workers due to its favorable crypto tax regime and pleasant climate.

Hot Take: Exploring Web3 Salaries and Opportunities

While skills in AI can boost salaries in various industries, the impact on Web3 jobs may not be as significant as expected. Specialization, experience, and job location are key factors that determine how much a Web3 job pays. Developers, in particular, have higher earning potential due to their role in building core infrastructure.

Furthermore, the talent pool for Web3 jobs is growing rapidly in countries like India, making it an opportune time to enter the field. Cities like Lisbon are also attracting blockchain workers with their favorable crypto tax regimes. As the world of Web3 continues to evolve, it’s important for individuals to stay informed about salary trends and opportunities within this emerging industry.

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Comparing Salary Disparities: Web3 vs. AI Employment