The emerging blockchain industry lags behind the artificial intelligence sector in terms of job creation, but this hiring gap may narrow by 2030.
Blockchain remains one of the smallest sectors in the tech industry, with about 300,000 global jobs, compared to 1.5 million in AI and machine learning and 25 million in software development, according to a new Bitget Research report shared with Cointelegraph.
The blockchain sector added around 20,000 new jobs in 2024, according to job listings aggregated from platforms like LinkedIn, Web3 Jobs and Crypto Job List.
Total workforce in tech industry. Source: Bitget Research
While blockchain-based jobs had an average compound annual growth rate (CAGR) of 45%, outpacing most traditional tech sectors, it trails the AI industry’s 57% CAGR, according to the report.
The AI industry’s maturity and larger share of venture capital investment are the main reasons behind the hiring discrepancy, Vugar Usi Zade, chief operating officer of Bitget exchange, told