AI vs. Blockchain: Which Pays More in Europe?

Here's the quick answer:

• AI jobs generally pay slightly more than blockchain in Europe
• Both fields offer six-figure salaries for experienced professionals
• Salaries vary widely based on location, company, and experience level

Key takeaways:

• AI average salaries:

• Entry-level: €45,000 - €70,000
• Mid-level: €70,000 - €100,000
• Senior-level: €100,000 - €150,000+

• Blockchain average salaries:

• Entry-level: €68,550 (Western Europe)
• Mid-level: €99,325 (Western Europe)
• Senior: €121,177 (Western Europe)

• AI job demand is currently higher, but blockchain is growing steadily • Having skills in both AI and blockchain can boost your earning potential • Consider factors beyond salary like job satisfaction and growth opportunities

Quick comparison:

Factor	AI	Blockchain
Current demand	Very high	Moderate
Job growth	Rapid	Steady
Key skills	Python, ML, data analysis	Solidity, cryptography
Remote work	Common	Very common
Typical roles	ML Engineer, Data Scientist	Blockchain Developer, Smart Contract Developer

The bottom line: Both AI and blockchain offer lucrative career paths in Europe's tech sector. AI has a slight edge in pay and demand currently, but blockchain isn't far behind. Your best bet? Learn both to maximize your opportunities in this evolving job market.

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AI and Blockchain Jobs Explained

AI and blockchain are changing Europe's tech scene. Here's a look at the main jobs in each field:

AI Jobs in Europe

AI jobs pop up in many industries. Here are some common roles:

• Machine Learning Engineer: Build ML models
• Data Scientist: Analyze data, make predictions
• AI Research Scientist: Do original AI research
• AI Product Manager: Lead AI product development
• NLP Engineer: Work on language processing

What you need for AI jobs:

• Coding (Python, R)
• Machine learning know-how
• Data skills
• Problem-solving
• Good communication

Blockchain Jobs in Europe

Blockchain is big in finance, supply chains, and more. Key jobs include:

• Blockchain Developer: Create blockchain networks and apps
• Smart Contract Developer: Write self-executing contracts
• Blockchain Architect: Design blockchain systems
• Blockchain Consultant: Give blockchain advice
• Blockchain Security Expert: Keep networks safe

What you need for blockchain jobs:

• Coding (Solidity, Go)
• Cryptography knowledge
• Understanding of distributed systems
• Problem-solving skills
• Eye for detail

Skill	AI Jobs	Blockchain Jobs
Coding	Python, R	Solidity, Go
Math	Stats, Linear Algebra	Cryptography
Domain Knowledge	Machine Learning, NLP	Distributed Systems
Tools	TensorFlow, PyTorch	Ethereum, Hyperledger

Both fields need strong tech skills. AI focuses more on data and algorithms, while blockchain is about security and decentralization.

"Blockchain developer demand is high and growing as more companies use blockchain." - DevSkiller Report, 2022

It's not just crypto. Banks, factories, and governments are using blockchain too.

For AI, it's similar. Akshay Kohli, CPO at Notion, says:

"AI skills are HOT in the job market."

No matter which you pick, stay up-to-date with tech trends. Both AI and blockchain offer exciting careers in Europe's tech world.

Salary Comparison

AI Pay in Europe

AI jobs in Europe pay well, but salaries differ by country and experience:

Country	Average AI Engineer Salary
Germany	€84,574
UK	£60,000

Experience matters:

• Entry-level: €45,000 - €70,000
• Mid-level: €70,000 - €100,000
• Senior-level: €100,000 - €150,000+

Google pays even more. Their AI engineers make about $254,701 yearly. Entry-level? $130,000 to $280,000. Senior? $300,000 to $700,000+, including cash and equity.

Blockchain Pay in Europe

Blockchain salaries are solid too:

Experience Level	Western Europe	Eastern Europe
Entry-level	$68,550	$19,800
Mid-level	$99,325	$45,000
Senior	$121,177	$78,000

Some country averages:

• Switzerland: $152,985
• Poland: $45,000
• Bulgaria: $35,400
• Romania: $40,200

AI vs Blockchain: Who Wins?

Let's compare:

Data Source	AI/ML Developer	Blockchain Developer
levels.fyi	$260,000	$197,000
Talent.com	$155,000	$146,000
Glassdoor	$138,000	$143,000
ZipRecruiter	$129,000	$121,000

AI often pays more, but not by much. Both fields can make you rich.

"AI skills are HOT in the job market." - Akshay Kohli, CPO at Notion

This heat drives up AI salaries. But blockchain's not far behind:

"Blockchain developer demand is high and growing as more companies use blockchain." - DevSkiller Report, 2022

Bottom line? Both fields offer six-figure salaries in Europe. AI has a slight edge, but you can't go wrong with either.

What Affects Salaries

AI and blockchain salaries in Europe aren't fixed. Here's what shapes them:

Supply and Demand

The tech job market is like a seesaw. More jobs than skilled workers? Salaries go up. Right now, AI and blockchain are hot:

• AI jobs are in high demand across Europe. .NET developers (often used in AI) are top earners in Sweden, Norway, and Denmark.
• Blockchain is bouncing back. Job listings jumped from 250 in Q3 2023 to 300 in Q4 2023.

This demand boosts pay, especially for niche skills. Take Web3 wallet engineers - they're in high demand as companies push for user-friendly crypto wallets.

New Tech Impact

New tech can shake up salaries:

• AI is king right now. It's the fastest-growing skill in job indexes.
• Blockchain is catching up. PwC says it'll boost over 40 million jobs globally by 2030.

These techs are creating new job titles. "Crypto Expert" and "Crypto Analyst" roles are popping up, mixing tech and finance skills.

Company and Location Effects

Where you work matters as much as what you do:

Factor	Salary Impact
Company Size	Big companies (10,000+ employees) often pay more
Funding	Well-funded startups may offer higher salaries
Location	North/West Europe typically pays more than South/East

For example:

• React developers in the UK and Germany often out-earn other developers.
• iOS developers in Spain and Poland are in high demand, pushing up their pay.

City living costs matter too. A study of 10,000 IT salaries across 35 European countries found strong links between pay and factors like rent prices and GDP per capita.

"AI skills are HOT in the job market." - Akshay Kohli, CPO at Notion

This heat is driving up AI salaries now, but blockchain isn't far behind. Keep an eye on trends to stay ahead.

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Job Growth and Demand

The European job market for AI and blockchain is heating up. Let's break it down:

AI Job Outlook

AI jobs are on fire in Europe. Here's why:

• 44.8% of European tech companies want to hire more people in 2024, with AI jobs leading the pack.
• New roles like AI model engineers and prompt engineers are popping up.
• AI is changing jobs in finance, healthcare, and manufacturing.

But it's not all sunshine and rainbows:

• Goldman Sachs says AI might replace up to 25% of current work.
• The World Economic Forum thinks 44% of companies might lay off people in 2024 because of AI.

Still, things look good overall. The EU is throwing money at AI:

• €1.5 billion from 2018-2020
• Another €2.5 billion planned for 2021-2027

This cash will likely create more jobs soon.

Blockchain Job Prospects

Blockchain jobs are growing too, but it's a different story:

• Job listings went from 250 to 300 between Q3 and Q4 2023.
• Companies want specific roles like Bitcoin Protocol Engineers.
• Many blockchain jobs let you work from home.

But there are some speed bumps:

• The EU only makes up 7% of global blockchain investments.
• Some companies might choose AI over blockchain when hiring.

It's not all bad news, though:

• PwC thinks blockchain will create over 40 million jobs worldwide by 2030.
• The European Investment Bank is putting €150 million into blockchain and AI.

Factor	AI Jobs	Blockchain Jobs
Current Demand	Very High	Moderate
Job Growth	Rapid	Steady
Investment	Lots of EU money	Some, but growing
New Roles	Many new types	Mostly tech roles
Remote Work	Common	Very common

Both fields look good, but AI is growing faster in Europe right now. If you know both AI and blockchain, you might hit the job market jackpot.

Future Trends

The European tech job market is evolving rapidly. Here's what's on the horizon:

New Technologies

AI and blockchain are teaming up with other tech:

• IoT + AI: Think smart cities and self-driving cars.
• 5G + Blockchain: Faster networks = more blockchain apps.
• VR/AR + AI: Gaming and training sims want AI experts.

These mashups are creating new roles. "AI Ethics Officer" is now a thing at big tech companies.

Skill Crossover

AI and blockchain skills are starting to overlap:

Skill	AI	Blockchain
Python	✓	✓
Data Analysis	✓	✓
Cryptography		✓
Machine Learning	✓

Companies are hunting for people who know both. This could mean bigger paychecks for those with mixed skills.

Pay Outlook:

AI salaries might keep climbing. In Australia, senior AI devs can rake in up to $194,000. Blockchain pay is growing slower, with senior devs earning around $134,000.

But heads up: The World Economic Forum thinks 44% of companies might slash jobs in 2024 due to AI. This could shake up salaries.

Company Strategies:

1. Boosting starting salaries:

62% of tech managers are doing this to snag top talent. It's most common in cybersecurity (55%), cloud (51%), and AI/ML (46%).

2. Upping the perks game:

Flexible work is hot. Some are even throwing in signing bonuses.

3. Focusing on skills, not just degrees:

61% of hiring managers want to grow tech teams. They're eyeing cloud, DevOps, AI, and data skills.

Your Game Plan:

• Learn both AI and blockchain. It's a rare combo that could pay off big.
• Keep tabs on new tech mashups. They often lead to high-paying gigs.
• Don't skimp on "soft skills". Problem-solving is key as tech gets more complex.

The European tech job market is a mixed bag. AI is booming, blockchain is steady. Your best move? Learn both. It's not just about the paycheck – it's about staying ahead in a field that never stops changing.

Choosing Your Career Path

When picking between AI and blockchain jobs in Europe, don't just focus on the paycheck. Here's what else matters:

Beyond the Money

Job satisfaction and work-life balance can make or break your career. A Gallup poll found 55% of pros want jobs that mix work and life throughout the day. Companies are taking note.

European workers are after real benefits:

Benefit	Demand
Private health insurance	54%
Cycle-to-work schemes	51%
Home office allowances	51%

These beat out fancy office perks like free coffee or game rooms.

Mixing Skills Pays Off

Knowing both AI and blockchain can open doors. Over 44% of companies are trying to use AI in their work. Blockchain is also gaining ground in many industries.

Having both skills can:

• Make you more valuable
• Keep you employed
• Help you solve tough problems

Big tech companies like Amazon and Facebook deal with tons of data daily. They need people who can use AI to analyze data and blockchain to keep it safe.

Next Level Jobs EU

Looking for high-paying tech jobs in Europe? Check out Next Level Jobs EU. They list software engineering jobs paying €100k and up.

You can:

• Search by location and tech stack
• Get alerts for new jobs
• Find helpful job resources

Their plans fit different job search needs:

Plan	Price	Best For
1 Month	€9.50	Trying it out
3 Months	€16.50	Active job search
1 Year	€30	Long-term planning

Conclusion

AI and blockchain are hot in Europe's tech job market. Here's the scoop:

• AI pays a bit more, but blockchain's catching up
• Both fields are growing fast, with AI leading the pack
• Python (AI) and Solidity (blockchain) skills can boost your paycheck
• Tech hubs offer the best salaries for both

Choosing between AI and blockchain? Think about this:

• What interests you more? AI is all about data and algorithms. Blockchain? It's security and cryptography.
• Don't just chase the money. Job satisfaction and growth matter too.
• Being skilled in both can make you a hot commodity.

Remember, tech never stands still. To stay on top:

• Keep learning. AI and blockchain are always evolving.
• Look for ways AI and blockchain intersect. That's where the magic happens.
• Network like crazy. It's how you'll hear about the best jobs first.