Blockchain and artificial intelligence have been responsible for changing the traditional systems, processes and infrastructures in various industries. The popularity of both technologies creates a lot of problems for people who want to pursue a career in modern technology. Blockchain primarily focuses on decentralization, cryptographic security and cryptocurrencies. On the other hand, AI is all about machine learning, deep learning, data analysis and automation. Beginners need a blockchain developer vs. AI developer comparison to find the best choice for their career. Let us learn about the difference between blockchain developer and artificial intelligence developer careers.
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Understanding the Fundamental Difference between AI and Blockchain
You need a better understanding of the differences between AI and blockchain to understand how blockchain developers are different from AI developers. Blockchain has changed the approaches for storing and managing data with the advantages of cryptographic security and transparency. The digital ledger is available on multiple computers connected in the network and helps in maintaining track of data or transactions on all nodes. The most unique detail of blockchain is that it is immutable and you cannot modify or erase information added to the blockchain. Decentralization is another crucial feature of blockchain that prevents a central authority from taking control over the network.
Artificial intelligence is a branch of computer science aimed at making computers think like humans. You might seek insights on blockchain vs. AI for career prospects owing to the rising popularity of AI. You must know that artificial intelligence involves making machines learn from experience to recognize patterns and solve problems. Subdomains of AI such as deep learning have been striving to develop cognitive abilities of humans in machines. The evolution of artificial intelligence makes its more efficient and smarter over the course of time.
Do You Want to Become a Blockchain Developer or AI Developer?
Blockchain and artificial intelligence are the two most powerful technologies to transform traditional systems and business operations across different industries. While some experts believe that AI may outpace blockchain in terms of opportunities for professional growth, you can expect blockchain and AI to work together in future.
You can choose to work as a blockchain developer or AI developer, depending on your career goals, skills and interests. There are many factors such as blockchain developer salary and skills required for becoming an AI developer that you must consider before making a choice. It is important to remember that the difference between careers in blockchain and AI primarily revolves around their focus.
Blockchain development focuses on creating decentralized applications and systems for exchanging information or value. On the other hand, AI development emphasizes the creation of intelligent systems that have the capabilities for learning, reasoning and continuous improvement. Let us dive deeper into the differences between the job of blockchain developers and AI developers in the following sections.
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Skills Required for the Job
One of the most crucial pointers for comparing blockchain developers with AI developers is the outline of skills needed for the job. Blockchain developers need fluency in one of the programming languages among JavaScript, Python, Go and C++. In addition, you must have command over Solidity programming to become blockchain developers. As a blockchain developer, you must also know about the utilities of blockchain development platforms such as Ethereum and Hyperledger. Blockchain developers also need in-depth understanding of cryptography principles and concepts alongside data structures and networking.
The blockchain vs. AI salary comparison will also revolve around the skills required to become AI developers. Artificial intelligence developers also need programming skills in Python, Java, C++ and R. Python is the most useful programming language for AI developers as it includes many libraries and tools for machine learning. AI developers must have strong command over mathematics and statistics with specialization in linear algebra, probability and calculus. Another crucial skill required for AI developer jobs is data science and ability to use tools for data manipulation, visualization and processing. AI developers should also have the ability to use machine learning frameworks such as PyTorch and TensorFlow.
Apart from the technical skills, blockchain developers and AI developers also need soft skills such as communication and collaboration. Both the roles require professionals to become more adaptable and think out of the box to craft innovative solutions. Most important of all, blockchain development and AI development require attention to detail while designing new solutions and writing code.
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Responsibilities on the Job
The next point for comparison between blockchain developer and AI developer will focus on the responsibilities you have on the job. Blockchain developers focus on development and maintenance of blockchain protocols and decentralized applications. The responsibilities of blockchain developers include creation of blockchain systems, writing smart contract code and ensuring security of blockchain networks. Blockchain developers must also monitor the performance of blockchain protocols and dApps to optimize them according to evolving requirements.
You might have doubts like ‘Which is better to learn machine learning or blockchain?’ upon learning about the responsibilities of blockchain developers. Interestingly, the responsibilities of AI developers also present complex challenges. An AI developer must create models and algorithms that help machines perform tasks like humans. The primary responsibility of AI developers focuses on creating machine learning models and training them with the help of large datasets. AI developers also create applications that use NLP for understand and processing natural human language alongside integrating AI capabilities in various applications.
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Availability of Job Prospects
Candidates seeking job opportunities in blockchain and AI development are also likely to worry about the availability of jobs. The good news is that the demand for blockchain developers and AI developers is increasing steadily across different industries. Blockchain development is one of the top jobs on LinkedIn and industries such as finance, supply chain management and healthcare have been hiring blockchain development experts.
Artificial intelligence developers have also become one of the in-demand roles in the technology job market. AI developers can find jobs in healthcare, entertainment, finance and automotive among many other industries. The most promising thing about job prospects for AI developers is the flexibility to choose different roles. As a skilled AI developer, you can become a NLP expert, an AI researcher or a machine learning engineer. Research by the World Economic Forum suggests that AI experts will be immune to disruptions in the global job market in future.
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Expectations for Salary
The most important thing that anyone will look for in comparisons between blockchain developers and AI developers is the salary. The salary represents the reward that you will get in return for investing efforts and dedicated hard work to become a trusted expert. Blockchain developers can earn almost $90,000 to $150,000 per year while senior developers can get an annual salary of $225,000.
The average AI developer salary is slightly better than that of blockchain developers. Artificial intelligence developers can earn around $100,000 to $160,000 per year in the initial stages of their career. As they grow further, AI developers can land up with specialized roles that pay higher salary ranging up to $300,000.
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Difficulty of Learning
The difficulty of learning required for becoming blockchain developer and AI developer also serves as a valuable point for comparison between the roles. The learning curve will be different for blockchain developers and AI developers as both roles demand distinctive skills. Blockchain developers will have to build their way through an understanding of concepts like decentralization, cryptography and consensus mechanisms. The availability of multiple online resources to learn blockchain allows you to gain knowledge required for various blockchain roles.
AI developers must develop a strong foundation in subjects of mathematics, computer science and statistics. You will also experience some difficulties in learning about machine learning frameworks and working with large datasets. However, involvement with more AI development projects will simplify the learning curve for any AI developer.
Here is an outline of the differences between the career paths of blockchain developers and AI developers.
Which Option is the Best for You?
The comparison of blockchain vs. AI for career development might have helped you find the ideal option. It is also important to pay attention to other factors before choosing a career path in modern technology. First of all, you must find the domain you are interested in rather than following the popular pick. You must also evaluate your skillset for blockchain and AI development to determine the job where you will perform better. Most important of all, candidates should measure the market demand and future prospects in both roles to weigh out the best choice for their career.
Final Thoughts
The rising demand for careers in blockchain and AI has left many candidates confused. Professionals aspiring to build a career in modern technology don’t have a clue about the implications of careers in blockchain and AI. As a matter of fact, most people believe that blockchain and AI are lucrative job options as they offer six-figure salaries. It is important to review the differences between the role of blockchain developer and AI developer before you pick a career path. Learn about the differences between blockchain developer and AI developer roles to build your career right now.
*Disclaimer: The article should not be taken as, and is not intended to provide any investment advice. Claims made in this article do not constitute investment advice and should not be taken as such. 101 Blockchains shall not be responsible for any loss sustained by any person who relies on this article. Do your own research!
