Careers in Artificial intelligence

Posted on Posted in Artificial intelligence, Certification, Jobs

Artificial intelligence (AI) is one of the fastest growing fields with a huge demand of skilled professionals. It is one of the areas where supply is far less than the demand. Also, artificial intelligence would be a game changer for all the industries in near future.

We know machine learning has a lot of applications of human use which are beneficial. Here are some of the examples where AI is being currently used:

  • When we use any personal assistant
  • When we use Netflix as every recommended video we see on Netflix was selected by an algorithm
  • When we use google maps
  • It’s being used in fighting terrorism by predicting online radicalisation and detecting extremist content
  • It’s being used in creating smart cities

Market size

If we look at the market size of Artificial intelligence, the market is expected to be worth USD 16.06 Billion by 2022, growing at a CAGR of 62.9% from 2016 to 2022. ( http://www.marketsandmarkets.com/Market-Reports/artificial-intelligence-market-74851580.html). According to an article in fortune tech(http://fortune.com/2017/05/01/automation-jobs-will-put-10000-humans-to-work-study-says/ ) U.S. employers itself will spend more than $650 million on annual salaries for 10,000 jobs in AI in 2017, according to a study from career and hiring data firm paysa. According to an article in livemint demand for artificial intelligence (AI) and machine learning specialists in India are expected to see a 60% rise by 2018 due to increasing adoption of automation, says KellyOCG India.

Skills required to get a job in Artificial intelligence:

A good candidate should have analytical skills, in depth knowledge of algorithms and applied mathematics, statistics, and probability also have a fair understanding of programming languages like Python/C++/R/Java. AI professionals should also have curiosity and must know how to translate technical information in an easily understandable form by others. They should also be good at problem solving.

Educational requirements for a career in AI:

Entry level positions require at least a bachelor’s degree with focus on automated computer systems. Higher level and administrative jobs such as designing robots might require a master’s degree or even a PHD.

Curriculum mostly involves

  • Artificial intelligence and robotics,
  • Mathematics including probability, statistics, algebra, calculus
  • Psychology
  • Cognitive science theory
  • Computer programming

Career Options

Graduates interested in a career in the AI industry are well qualified for jobs in many different areas, such as banking, insurance, software industry, telecommunications, and e-commerce. There are multiple career paths available in AI and the specialisation can be chosen according to the career path you want to get into. Some of the options are:

  • Robotic programming and designing
  • Space exploration technology designing
  • Electro-mechanical technicians
  • Algorithm specialists
  • Software analyst
  • Computer science and AI professors.

Remuneration:

The salary might be variable depending on the type of post and the work location. However, according to payscale.com the average salary for an AI Programmer is $90,863 per year. If we look at salary prospects in India  2-4 years of experience commands a salary of Rs15-20 lacs per annum, while for 4-8 years it is Rs20-50 lacs per annum and for 8-15 years it is Rs50 lacs to Rs 1 crore per annum.( source: http://www.livemint.com/Technology/rYudcXx0AA9UPXABa9ooFL/Demand-for-artificial-intelligence-machine-learning-experts.html )

There are never ending opportunities in Artificial intelligence in this era of technology as we are progressing towards a future wherein machines will be coexisting with humans. If you are also really interested in launching your career in Artificial intelligence and looking for more information and learning about AI do join our course on AI.( https://www.millionlights.org/Course/AboutCourse?id=9&type=&pe=1 )