With the help of complex virtual learning techniques, a wide range of physical and cognitive tasks are being managed today with a high level of efficiency and accuracy. With artificial intelligence advancing all the way through machine learning its impact will continue to disrupt not only business but human lives as well. Now, if the machines get better at their act and achieve things beyond the human level, the question that will be asked is if machines will be a threat to jobs and eventually diminish employment. Some trepidation even led to people wondering if artificial intelligence will eventually control us.
Lauding the benefits of AI, industry experts maintain that instead of being alarmed about the threats of AI one has to first comprehend what it actually is and what its prospective would be. With proper ethical policy frameworks put in place for the AI automated machines, the future of automation is only going to make life better. There could be a role reversal for human resources after AI is utilised to its full potential. For instance the basic programming jobs may cease to exist but new positions like that of data scientists will emerge.
According to Reportbuyer, the AI market is estimated to grow to $5.05 billion by 2020 at a CAGR of 53.65 per cent from 2015 to 2020. Factors like diversified application areas, improved productivity and increased customer satisfaction are responsible for this growth. The AI market in Asia Pacific is likely to grow at the highest CAGR during 2015 and 2020.
Skills required to make a career in AI
To make it in the artificial intelligence domain one needs to have analytical thinking ability and skills to solve problems in a commercial and efficient manner. Technical skills to design, maintain and repair technology and software programs are highly recommended. If you aspire to become an artificial intelligence professional, you need to have an educational background in science, with mathematics, technology, logic, and engineering, as subjects at graduation level.
Where to study AI in India
Here is a list of top courses in India to learn AI –
1. PG Diploma in Machine Learning and AI – IIIT-B
2. Foundations of Artificial Intelligence and Machine Learning – IIIT Hyderabad
3. Master of Technology in Artificial Intelligence – University of Hyderabad
4. M.Tech. Computer Science Specialization In Artificial Intelligence – UPES
5. Artificial Intelligence & Machine Learning Training – Techtrunk
6. Artificial Intelligence (AI) Training in Hyderabad – AnalyticPath
7. Artificial Intelligence Training – Zekelabs
8. Machine Learning and Artificial Intelligence – myTectra
9. Artificial intelligence & Machine Learning Training in Bangalore – Zenrays
Job Opportunities in AI
The general mindset if different though. This year the Wheebox report has laid special focus on future jobs and the impact of automation to understand how they see jobs evolving in response to technology and innovation. The results are astounding: 69% of the respondents clearly foresee the impact of automation. Adding to this, 24% of employers indicate Analytics and 15% foresee Artificial Intelligence as emerging jobs. Mr. Nirmal Singh, Founder, and CEO of Wheebox says “new career opportunity like AI, Robotics, and data analytics are indicating an upward trend for jobs in these sectors.”
Artificial Intelligence and its applications are also playing a major role in the travel industry today. AI has redefined travel service expectations by helping consumers personalize their destination discovery and make purchases with tailored and contextual insights. In the years to come, there will be a rise in personalized services, where offers/ discounts would be more customized and driven by traveler interests rather than a generic commoditized offer. The other trend to look forward to in the travel tech space is chatbots; chatbots help to plan trips by conversing with people on topics related to hotels, places to visit, transport facilities and tourist spots. They will not only help a person with travel queries but will also cut down the long hours of indecisive search.
Healthcare is witnessing a fast makeover with serious usage of big data and analytics. AI is playing an intelligent role in altering the healthcare companies and by helping them advance their quality of care, diminish costs, connect with patients and let organizations focus more on wellness.
As the quest to use of tools and methods to prepare, organize and tap into AI’s transformative power continue, jobs in this field continue to grow. , provided you have the desired skillsets.
Once we unearth the practical applications and get success in the commercialization of AI technologies, Machine Learning and Deep Learning, across industries, individuals with desired skillsets will have plenty of opportunities in the domain.