Blockchain needs regulation, scalability to close AI hiring gap

Summary

The blockchain industry currently employs over 300,000 people, significantly fewer than the AI sector's 1.5 million jobs. In 2024, blockchain added around 20,000 jobs, with a compound annual growth rate (CAGR) of 45%, compared to AI's 57%. Venture capital investment in AI exceeded $100 billion in 2024, while blockchain attracted only $5.4 billion. Predictions suggest blockchain could exceed one million jobs by 2030 if it scales similarly to AI. Regulatory clarity, such as Europe’s Markets in Crypto-Assets Regulation (MiCA), may boost hiring. AI and blockchain are not competing for talent; instead, they are creating new opportunities together. The integration of both technologies is expected to drive job growth, as blockchain secures sensitive information and addresses uncertainties in AI outputs.

Related News