Dice: 60% more tech pros lost jobs in 2024 vs 2023

When asked which areas they expect to see the most growth in the next five years, respondents overwhelmingly pointed to artificial intelligence and machine learning.

• Artificial intelligence/machine learning: 81%
• Cybersecurity: 54%
• Cloud: 42%
• Big data: 36%
• Robotics: 29%
• Autonomous vehicle: 26%
• Internet of Things: 22%
• Augmented reality: 22%
• Wearables: 18%
• Cryptocurrency: 13%
• Voice/chat: 12%
• Digital twins: 7%
• Other: 3%

In response to the expected growth in these tech areas, IT professionals are looking to train and upskill themselves in many of them.

• Artificial intelligence/machine learning: 61%
• Cloud: 46%
• Cybersecurity: 43%
• Big data: 33%
• Internet of Things: 22%
• Robotics: 15$
• Autonomous vehicles: 12%
• Augmented reality: 10%
• Cryptocurrency: 10%
• Other: 10%
• Voice/chat: 10%
• Wearables: 8%
• Digital twins: 5%

Separately, Dice surveyed in June 2024 390 human resources professionals to gauge their take on the high-tech job market, and 70% of HR pros said they believed that tech hiring will increase for the remainder of 2024. Nearly the same amount (68%) of HR pros also said compared to last year tech professional hiring at their organization has increased, according to Dice.

“This expectation suggests that, while the tech sector is facing uncomfortable shifts, these is confidence among the HR professionals tasked with filling open roles that the demand for tech talent will rebound soon,” the Dice report concludes. “The tech industry is still seen as a growth sector, with AI/ML being the most sought-after skill and expected to experience significant growth in the next five years.”