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Closing the AI-skills gap with Upskilling

Closing the AI-skills gap with Upskilling

Artificial Intelligent or as it is fancily referred as AI, has garnered huge popularity worldwide.  And given the career prospects it has, it definitely should. Almost everyone interested in technology sector has them rushing towards it, especially young and motivated fresh computer science graduates. Compared to other IT-related jobs AI pays way higher salary and have opportunities. According to a Glassdoor report, Data Scientist, one of the many related jobs, is the number one job with good salary, job openings and more. AI-related jobs include Data Scientists, Analysts, Machine Learning Engineer, NLP experts etc.

AI has found applications in almost every industry and thus it has picked up demand. Home assistants – Siri, Ok Google, Amazon Echo — chatbots, and more some of the popular applications of AI.

Increasing adoption of AI across Industry

The advantages of AI like increased productivity has increased its adoption among companies. According to Gartner, 37 percent of enterprise currently use AI in one way or the other. In fact, in the last four year adoption of AI technologies among companies has increased by 270 percent. In telecommunications, for instance, 52 percent of companies have chatbots deployed for better and smoother customer experience. Now, about 49 percent of businesses are now on their way to alter business models to integrate and adopt AI-driven processes. Further, industry leaders have gone beyond and voiced their concerns about companies that are lagging in AI adoption.

Unfortunately, it has been extremely difficult for employers to find right skilled or qualified candidates for AI-related positions. A reports suggests that there are total 300,000 AI professionals are available worldwide, while there’s demand for millions. In a recent survey conducted by Ernst & Young, 51 percent AI professionals told that lack of talent was the biggest impediment in AI adoption.

Further, O’Reilly, in 2018 conducted a survey, which found the lack of AI skills, among other things, was the major reason that was holding companies back from implementing AI.
The major reason for this is the lack of skills among people who aspire to get into AI-related jobs. According to a report, there demand for millions for jobs in AI. However, only a handful of qualified people are available.

Bridging the skill gap in AI-related jobs

Top companies and government around the world have taken up initiatives to close this gap. Google and Amazon, for instance, have dedicated facilities which trains in AI skills.  Google’s Brain Toronto is a dedicated facility to expand their talent in AI.  Similarly, Amazon has facility near University of Cambridge which is dedicated to AI. Most companies either already have a facility or are in the process of setting up one.

In addition to this, governments around the world are also taking initiatives to address the skill gap. For instance, government across the world are pushing towards AI advancement and are develop collaborative plans which aims at delivering more AI skilled professionals. Recently, the white house launched ai.gov which is further helping to promote AI in the US. The website will offer updates related to AI projects across different sectors.

Other than these, companies have taken this upon themselves to reskills their employees and prepare them for future roles. According to a report from Towards Data Science, about 63 percent of companies have in-house training programs to train employees in AI-related skills.

Overall, though there is demand for AI professionals, lack of skilled talent is a major problem.

Roles in Artificial Intelligence
Artificial Intelligence is the most dominant role for which companies hire across artificial Intelligence. Other than that, following are some of the popular roles:

  1. Machine learning Engineer: These are the people who make machines learn with complex algorithms. On advance level, Machine learning engineers are required to have good knowledge of computer vision. According to Indeed, in the last year, demand for Machine Learning Engineer has grown by 344 percent.
  2. NLP Experts: These experts are equipped with the understanding of making machines computer understand human language. Their expertise includes knowledge of how machines understand human language. Text-to-speech technologies are the common areas which require NLP experts. Demand for engineers who can program computers to understand human speech is growing continuously. It was the fast growing skills in Upwork’s list of in-demand freelancing skills. In Q4, 2016, it had grown 200 percent and since then has been on continuously growing.
  3. Big Data Engineers: This is majorly an analytics role. These gather huge amount of data available from sources and analyze it to derive insights and understand patter, which may be further used for machine learning, prediction modelling, natural language processing. In Mckinsey annual report 2018, it had reported that there was shortage of 190,000 big data professionals in the US alone.

Other roles like Data Scientists, Analysts, and more also in great demand. Then, again due to insufficient talent in the market, companies are struggling to hire for these roles.

Self-learning and upskilling
Artificial Intelligence is a continuously growing field and it has been advancing at a very fast pace, and it makes extremely difficult to keep up with in-demand skills. Hence, it is imperative to keep yourself up with demand of the industry, or it is just a matter of time before one becomes redundant.

On an individual level, learning new skills is necessary. One has to be agile and keep learning, and be ready to adapt new technologies. For this, AI training programs and certifications are ideal.  There are numerous AI programs which individuals can take to further learn new skills. AI certifications can immensely boost career opportunities. Certification programs offer a structured approach to learning which benefits in learning mostly practical and executional skills while keeping fluff away. It is more hands-on. Plus, certifications programs qualify only when one has passed practical test which is very advantageous in tech. AI certifications like AIE (Artificial Intelligence Engineer) are quite popular.

Online learning platforms also offer good a resource to learn artificial intelligence. Most schools haven’t yet adapted their curriculum to skill for AI, while most universities and grad schools are in their way to do so. In the meantime, online learning platforms offer a good way to learn AI skills, where one can start from basic and reach to advance skills.

The 6 most in-demand AI jobs and how to get them

A press release issued in December 2017 by Gartner, Inc explicitly states, 2020 will be a pivotal year in Artificial Intelligence-related employment dynamics. It states AI will become “a positive job motivator”.

However, the Gartner report also sounds some alarm bells. “The number of jobs affected by AI will vary by industry-through 2019, healthcare, the public sector and education will see continuously growing job demand while manufacturing will be hit the hardest. Starting in 2020, AI-related job creation will cross into positive territory, reaching two million net-new jobs in 2025,” the press release adds.

This phenomenon is expected to strike worldwide, as a report carried by a leading Indian financial daily, The Hindu BusinessLine states. “The year 2018 will see a sharp increase in demand for professionals with skills in emerging technologies such as Artificial Intelligence (AI) and machine learning, even as people with capabilities in Big Data and Analytics will continue to be the most sought after by companies across sectors, say sources in the recruitment industry,” this news article says.

Before we proceed, let us understand what exactly does Artificial Intelligence or AI mean.

Understanding Artificial Intelligence

Encyclopedia Britannica explains AI as: “The ability of a digital computer or computer-controlled robot to perform tasks commonly associated with human beings.” Classic examples of AI are computer games that can be played solo on a computer. Of these, one can be a human while the other is the reasoning, analytical and other intellectual property a computer. Chess is one example of such a game. While playing Chess with a computer, AI will analyze your moves. It will predict and reason why you made them and respond accordingly.

Similarly, AI imitates functions of the human brain to a very great extent. Of course, AI can never match the prowess of humans but it can come fairly close.

What this means?

This means that AI technology will advance exponentially. The main objective for developing AI will not aim at reducing dependence on humans that can result in loss of jobs or mass retrenchment of employees. Having a large population of unemployed people is harmful to economy of any country. Secondly, people without money will not be able to utilize most functions that are performed through AI, which will render the technology useless.

The advent and growing popularity of AI can be summarized in words of Bill Gates. According to the founder of Microsoft, AI will have a positive impact on people’s lives. In an interview with Fox Business, he said, people would have more spare time that would eventually lead to happier life. However he cautions, it would be long before AI starts making any significant impact on our daily activities and jobs.

Career in AI

Since AI primarily aims at making human life better, several companies are testing the technology. Global online retailer Amazon is one amongst these. Banks and financial institutions, service providers and several other industries are expected to jump on the AI bandwagon in 2018 and coming years. Hence, this is the right time to aim for a career in AI. Currently, there exists a great demand for AI professionals. Here, we look at the top six employment opportunities in Artificial Intelligence.

Computer Vision Research Engineer

 A Computer Vision Research Engineer’s work includes research and analysis, developing software and tools, and computer vision technologies. The primary role of this job is to ensure customer experience that equals human interaction.

Business Intelligence Engineer

As the job designation implies, the role of a Business Intelligence Engineer is to gather data from multiple functions performed by AI such as marketing and collecting payments. It also involves studying consumer patterns and bridging gaps that AI leaves.

Data Scientist

A posting for Data Scientist on recruitment website Indeed describes Data Scientist in these words: “ A mixture between a statistician, scientist, machine learning expert and engineer: someone who has the passion for building and improving Internet-scale products informed by data. The ideal candidate understands human behavior and knows what to look for in the data.

Research and Development Engineer (AI)

Research & Development Engineers are needed to find ways and means to improve functions performed through Artificial Intelligence. They research voice and text chat conversations conducted by bots or robotic intelligence with real-life persons to ensure there are no glitches. They also develop better solutions to eliminate the gap between human and AI interactions.

Machine Learning Specialist

The job of a Machine Learning Specialist is rather complex. They are required to study patterns such as the large-scale use of data, uploads, common words used in any language and how it can be incorporated into AI functions as well as analyzing and improving existing techniques.

Researchers

Researchers in AI is perhaps the best-paid lot. They are required to research into various aspects of AI in any organization. Their role involves researching usage patterns, AI responses, data analysis, data mining and research, linguistic differences based on demographics and almost every human function that AI is expected to perform.

As with any other field, there are several other designations available in AI. However, these will depend upon your geographic location. The best way to find the demand for any AI job is to look for good recruitment or job posting sites, especially those specific to your region.

In conclusion

Since AI is a technology that is gathering momentum, it will be some years before there is a flood of people who can be hired as fresher or expert in this field. Consequently, the demand for AI professionals is rather high. Median salaries these jobs mentioned above range between US$ 100,000 to US$ 150,000 per year.

However, before leaping into AI, it is advisable to find out what other qualifications are required by employers. As with any job, some companies need AI experts that hold specific engineering degrees combined with additional qualifications in IT and a certificate that states you hold the required AI training. Despite, this is the best time to make a career in the AI sector.