As per the study by job search portal Indeed, there has been a surge of over 158% on the job search platform when it comes to the AI over the period of last five years. The platform said that the advent of generative artificial intelligence (AI) has opened pathways to a number of employment opportunities in the market. According to them, there has been over 89% increase in searches for jobs in generative AI and large language models in March 2023 as compared with the same month in 2018.
Surge in AI Jobs: Indeed Study
Now, AI has been talk of the town since its very inception, but now that we are amidst some of its most spectacular breakthroughs, there has also been a lot of apprehension as speculations are rife regarding the probability of jobs getting automated with the sudden arrival of AI.
As per a research by Goldman Sachs, 26% of work tasks in different fields have the potential to get automated.
Also, as per the Harvard Business Review said the generative AI has advanced capabilities in the creative and marketing industry.
However, it is not grim in the marketplace as according to the World Economic Forum’s (WEF) Future of Jobs report, AI will give rise to prominent roles such as machine learning specialists, scientists, data analysts and digital transformational specialists.
India Emerged as Significant Talent in Global AI Landscape
Sashi Kumar, head of sales, Indeed India said that “India has emerged as a significant player in the global AI landscape, with a growing pool of talented AI professionals. While it’s challenging to determine if India has the largest talent pool for AI, there is no denying that the country has made remarkable progress in this field. One of the significant drivers of this growth is the strong emphasis on STEM education in India, which has helped create a steady pipeline of skilled talent in the tech industry. Furthermore, India has a vast population, which provides a massive talent pool to draw from”.
The data from the platform is sufficient to reflect the surge in demand for generative AI-related roles in India. It is quite evident that the skilled professionals are drawn towards working in this field.
But there are two sides of coin, on another side lies the massive challenge of skilled talent as well as the upskilling of the existing workforce
However, with the emergence of technology and AI, certain challenges including skilled talent, upskilling of existing workforce also need to be addressed.
There are some other findings to the study as well, which include a similar trend in job searches in countries including Singapore with 94.7% surge in AI job postings in last five years, 30% rise in job postings for software developer in the United States.
The Head of Sales added that “As the demand for AI talent continues to rise, there is an opportunity for India to leverage its vast talent pool and create a robust ecosystem for AI innovation and development”.
