Scope of AI (AI Careers)
Fresher's should analyze their competencies and skills and choose a better AI role with the potential for upward mobility. The future scope of Artificial Intelligence continues to grow due to new job roles and advancements in the AI field. The various roles in an AI career are as follows:
The future of AI
The future of Artificial Intelligence is bright in India, with many organizations opting for AI automation. It is essential to understand the recent developments in AI to find suitable job roles based on your competencies.
The scope of Artificial Intelligence is limited to domestic and commercial purposes as the medical and aviation sectors are also using AI to improve their services. If AI is outperforming human efforts, then opting for AI automation will reduce costs in the long run for a business.
Automation in operational vehicles has created a buzz in the logistics industry as it is expected that automated trucks/vehicles may soon be used.
Due to the bright scope of Artificial Intelligence in the future, the number of AI start-ups is expected to increase in the coming years. Indicating the opportunities, the number of AI start-ups in India has increased significantly.
Moreover, India's talent gap for specialist AI developers is huge, and AI experts are needed by businesses more than ever. Businesses don't want to miss out on any technology that can revolutionize their business processes.
Jobs in AI
The name of the designation in the AI field may be different. Some of the top jobs in AI (India - 2021) are as follows:
The future scope of Artificial Intelligence in India
The adoption of Artificial Intelligence in India is promising. However, it is currently in its early stages. While some industries, such as IT, manufacturing, automobiles, etc., are taking advantage of the prowess of AI, there are still many areas in which its potential has not been explored.
The immense potential present in AI can be understood by the various other technologies included under the umbrella of AI. Examples of such technologies include self-improvement algorithms, machine learning, pattern recognition, big data, and many others.
It is predicted that hardly any industry will be left untouched by this powerful tool in the next few years. It is the reason why AI has so much potential to grow in India.
In this comprehensive blog, we have discussed some of the areas in which AI is being used:
Artificial Intelligence job opportunities
According to a report published by Forbes, AI job opportunities are continuously increasing at 74% annually. It is a no-brainer that today, AI is one of the most in-demand technologies, and it has an impact in almost every field. As a result, the demand for AI professionals continues to grow. As the number of job opportunities increases, it is the best time to explore your career in AI.
Below, we have compiled a list of different areas where AI is used or has immense potential to grow.
Banking is nothing new, thanks to the trends in Artificial Intelligence and Machine Learning technologies. The sector has rapidly adopted technology to keep up to date with the current market trends. It uses this technology to record customer data, which was previously a monotonous manual task.
With the rapid increase in the amount of data generated and stored in the banking sector today, Artificial Intelligence and ML allow professionals to do this accurately and efficiently.
How AI has made a significant difference in banking includes better customer support, enhanced data quality, fraud prevention, digital assistants, and more.
One of the most progressive sectors in the world today is healthcare. In the next section, you will read how Artificial Intelligence has affected this sector and how it will continue to do so.
2: Health care and medicine
According to one of the studies conducted by Forbes, the realm of AI can add value to life, as has already been observed over the years. The healthcare sector uses this technology to its advantage in several ways and constantly innovates.
AI use case is the collaborative Cancer Cloud, developed by Intel and the Knight Career Institute. Cloud collects past data of cancer patients and other patients with similar diseases to help doctors diagnose cancer early based on the symptoms they have shown and compare them with previously available data. The best treatment for this deadly disease is to prevent it from reaching its advanced stage.
In addition, Eve, an AI-based robot built by a team of scientists from the top universities of Aberystwyth, Manchester, and Cambridge, discovered an element often found in toothpaste that can cure malaria. It is proof that Artificial Intelligence will play an important role in the medical field in the coming times.
AAI is also used in health care and medicine in other similar fields, such as drug testing, synthetic biology, etc. You can also be sure that AI will accelerate the process of scientific research and development, which may well aid this field.
Benefits of AI
AI has various uses in the modern-day scenario. Industries are using AI to automate processes, and better AI algorithms are being developed every day to speed up various industry processes/tasks.
The various benefits of AI lead to different use cases and job roles in the market, which are beneficial for deep tech enthusiasts or those new to pursuing a career in the AI industry. The scope of AI in India is bright as firms need expert employees who can extract meaningful information from large chunks of data.
What are the risks associated with AI?
Are you aware of the risks associated with AI and how to manage them? A beginner should be aware of the potential risks associated with AI processes and how to deal with them. Some of the common risks associated with AI are as follows:
What are the applications of AI?
AI has its application in every conceivable field or area, and recent advances will only increase the application and relevance of AI in almost every field of human activity. As a beginner, you might think that AI is a newly developed technology, and AI has been under development for longer than you might think. Some of the top use cases of AI are as follows:
These were only the top use cases for AI in the current scenario. AI has many other use cases such as autopilot technology in vehicles, ride-booking services, cyber security, etc.
Recently, businesses have seen a massive exposure to AI and ML phenomena as they explore their application possibilities in various fields. For example, researchers began using machine learning to gain insight into the recent global pandemic that brought the world to a standstill.
When we talk about the combined scope of AI and Machine Learning in India, it is essential to recognize its application in the medical segment to track the spread of viruses, contact tracing, and even analytics for a treatment. Experts predict that as the vicious cycle of economic slowdown begins, India's demand for AI and ML professionals will increase. It is a positive indicator of the scope of Machine Learning and Artificial Intelligence in India. Many IT professionals aspire to pursue a career in AI and ML technologies and look for ways to become and become AI and ML experts.
Even as the country witnessed massive job losses, machine learning and artificial intelligence jobs were the least affected. Businesses are already on the patch to create more robust virtual work environments, which has increased the demand for AI and ML professionals.
Advancements in technologies also fuel the future scope of Artificial Intelligence in India in subsets of AI such as Deep Learning, Machine Learning, etc.
You can opt for a course in AI from a reputed source to know more about the progress of AI in India.
From NLP to CNN (Concurrent Neural Networks), AI courses can give you a comprehensive understanding of the latest advances in AI. AI certification course by Aara Academy can help you understand the scope of AI in India better.
Also, selecting suitable job roles in AI based on individual competencies is important for the job seeker / fresher. Start building a successful AI career in India.