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How Will Be The AI Job Market Fare In Coming Years?

#artificialintelligence

Artificial intelligence (AI) has quite evolved itself over recent decades. While it sparked numerous innovations and brought digital disruption to many industries, it also changed the jobs market forever. It is true that AI has replaced some jobs, however, it has also brought new roles for human workers. As per a 2017 research from IDC, released by Salesforce, AI is projected to create 823,734 jobs by the year 2021, surpassing the number of jobs lost to AI technologies such as machine learning and automation. The report had also predicted that AI would increase global business revenues by US$1.1 trillion in the same time frame.


Interpreting the Scope of AI job Market in the US in current times.

#artificialintelligence

We are living in a time where everything is digital. Disruptive technologies like artificial intelligence (AI) has become central to this transformation. From retail to Fintech and cybersecurity to predictive analytics, tech pundits avow that AI now plays an essential cog in the future of these industries and disciplines. However, through some alarmists argue that AI is stealing jobs through automation and robotics, on the contrary, it has been observed that AI is also adding new job roles every day to the existing employment pool. Researchers have tracked down new job roles, occupations and emerging industries, in the AI landscape that can help us understand the job market better.


10 charts that will change your perspective on artificial intelligence's growth

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These and many other fascinating insights are from Stanford University's inaugural AI Index (PDF, no opt-in, 101 pp.). Stanford has undertaken a One Hundred Year Study on Artificial Intelligence (AI100) looking at the effects of AI on people's lives, basing the inaugural report and index on the initial findings. The study finds "that we're essentially "flying blind" in our conversations and decision-making related to Artificial Intelligence." The AI Index is focused on tracking activity and progress on AI initiatives, and to facilitate informed conversations grounded with reliable, verifiable data. All data used to produce the AI Index and report is available at aiindex.org.