The economic situation of many countries has been bleak as nations have recorded negative GDP growth rates. In India’s case, the economic recession expected will be the worst ever recorded in over three decades. The lockdown and social distancing protocols have put many out of business and many people out of jobs. However, in the midst of all these, there’s been an increase in the demand for artificial intelligence jobs in India.
According to reports from Indeed, a job site, artificial intelligence job searches have risen by 106% in the past year between June 2019 to June 2020. Researchers are using artificial intelligence and machine learning tools for data collection and analysis, which helps them increase their understanding of the situation.
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How is the role of AI increasing in the post-COVID era?
Although many countries are easing lockdown guidelines out of necessity, it’ll take time before things go back to normal. Pending when this would happen, organizations are relying heavily on the infrastructure of digital technology to get by. Across industries, this dependence on digital technology has accelerated the adoption of artificial intelligence and machine learning tools.
To ensure business continuity, companies have sought to increase the level of automation present within their facilities. This increase in automation has led to an increase in demand for jobs in artificial intelligence. In a way, the pandemic has accelerated the occurrence of the fourth industrial revolution by creating top careers in artificial intelligence and machine learning.
Aside from helping corporations scale and adjust to the realities of the pandemic, researchers are using machine learning and AI to understand the nature of the virus. With machine learning, they can analyze large volumes of data and predict the spread of COVID-19. As such, decision makers can adequately prepare beforehand. AI is also used to help researchers identify and streamline relevant information that can aid the process of finding a vaccine.
From inception, it has always been known that careers in AI were one of the jobs for the future, meaning that AI careers are future proof. The level of growth recorded in careers in artificial intelligence in terms of job-creating, interest in AI-related jobs, and AI job searches in the past five years have proven this to be true.
Data shows that job openings in AI-related jobs have increased by 28% between August 2019 and August 2020. Within this period, artificial intelligence job searches have increased by 91%. Job postings related to AI have also witnessed a steady rise in the last two years, with a 46% increase between June 2018 and June 2019, and a 51% increase between June 2019 and June 2020. The last six months (March 2020 to July 2020) alone have seen a rise of 17% in job postings in the space.
Also, a research report released in February stated that demand for data engineers increased by 50%, while demand for data scientists increased by 36% in 2019. These ratios indicated an increase compared to what was recorded in the previous year.
Topmost artificial intelligence jobs in demand
Organizations using AI technology in India grew from 4% to 14% in 2019 according to Gartner’s 2019 CIO Agenda Survey. Based on this report, there’s an increase in artificial intelligence job opportunities in India. However, there’s still a shortage of supply in artificial intelligence and machine learning skills. As such, jobs in artificial intelligence in India pay handsomely.
Here are some of the most in-demand AI jobs in India:
Director of Analytics: This is a high-level position that focuses on mentoring and directing personnel in data analytics and data warehousing departments. The duties of the director of analytics include organizing the technological, financial, and human resources needed for addressing business needs. The director of analytics also works in line with the Chief Data Officer for optimal performance.
Principal Scientist: The principal scientist job is one of the highest paying machine learning jobs in India with lots of job opportunities present in this field. Principal scientists conduct research in labs and create innovative and high-impact data science projects. Due to the nature of the job, there’s been an increase in the demand for project scientists in India during the pandemic.
Computer Scientist: They deal with the writing of programming software and code which revolves around website creation and applications for mobile devices. There’s also an increase in demand for computer scientists in India.
Data Scientists: A data scientist’s work revolves around collecting, organizing, and interpreting the vast amount of data from multiple sources. To do this requires the use of many statistical and machine learning skills. The job of data scientists is very essential leading to the increase in its demand across the board. They provide massive insight that helps decision-makers take informed action.
As some have identified, the reality of a post-pandemic world has created a twofold need for artificial intelligence jobs–reinventing existing tech to adapt to the new norms of social distancing and reimagined physical boundaries, and driving innovation towards the creation of the tech solutions that are now required in the post-COVID19 world.
Even as businesses work towards regaining momentum, it is imperative to ensure that talents can keep up with the emerging demands of artificial intelligence jobs. As professionals are beginning to find machine learning useful across sectors, from healthcare to digital finance and logistics, this creates an ample opportunity to widen the scope of AI in India.
References:
- Covid19 Impact: 106% increase in job searches in artificial intelligence | BW Online Bureau September 9, 2020
- Top 10 highest paying machine learning jobs in India [a complete report] | Pavan Vadapalli | August 26, 2020
- How AI and Machine Learning are helping to fight covid19 | Swami Sivasubramanian|May 28, 2020
- Rise in the demand for Machine Learning & AI skills in the post-COVID world | Aishwarya|April 30, 2020
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