The blockchain industry in India is growing but still lags behind the artificial intelligence sector in terms of job creation. A recent report by Bitget Research suggests that while there are approximately 300,000 blockchain jobs globally, the AI and machine learning sector boasts 1.5 million jobs. Despite this gap, the blockchain sector added around 20,000 new jobs in 2024. The report highlights that blockchain job growth has had a compound annual growth rate (CAGR) of 45%, outpacing most traditional tech sectors. However, the AI industry’s 57% CAGR and larger share of venture capital investment contribute to the hiring discrepancy. Vugar Usi Zade, COO of Bitget exchange, noted that AI startups received over $100 billion in investments in 2024, while blockchain companies only attracted about $5.4 billion. The report suggests that with regulatory clarity and improved scalability, blockchain could generate over 1 million jobs by 2030. The integration of blockchain with AI is driving job growth in both fields, with companies seeking professionals who understand both technologies. As blockchain secures sensitive information through cryptography, its importance in tandem with AI is expected to increase. Despite the competition for talent, AI and blockchain are working together to create new opportunities in the tech industry. By leveraging the synergistic benefits of both technologies, blockchain job growth may mirror the AI industry’s trajectory in the coming years.
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