Professionals are presented with a unique window of opportunity with AI/ML expertise. In the 1990s a large number of science graduates shifted to technology, and they are now defining the Technology sector. Similarly, those who enter the AI/ML area now will have a distinct advantage in the future of the industry.
Here’s why this is the right time to invest in building your expertise:
- Industry needs more deep-tech (AI/ML) professionals and less gen-tech (Java, testing, project manager) professionals
- Growth opportunity is available for deep-tech and risk is higher for gen-tech professionals in the current economic scenario
- Professionals today have more time in hand to ‘sharpen the saw’ than ever before thanks to working from home and avoiding hours and hours of travel to office and back in traffic
Based on the data since lockdown, we find that serious professionals are using this time to get ready for the future.
- Participants from top companies with over 60% of them having 10 years of experience enrolled for the program between March-July 2020 with 55% in the managerial roles
- Professionals working in companies including Amazon, Bank of America, Capgemini, DBS Bank, Google, IBM, JP Morgan, Infosys, Microsoft, TCS, Tech Mahindra and more have already participated in the Program
- Upskilling and developing a beginner’s mindset is important to survival in the post-COVID world.
- The Atal Innovation Mission will train 2.5 Million students in the country on AI very soon. This will increase the pool of available AI professionals.
Two things are happening as you wait and watch. 1) Younger and more dynamic professionals are going to enter with knowledge, 2) the experience premium will continue to drop thereby making senior professionals less attractive to companies. Hence, earlier one moves into sunrise areas will be better.
The LinkedIn Emerging Jobs Report lists AI as the #1 in the emerging jobs list for 2020. The average package for AI professionals is approx 15 lakhs across all experience levels and skill sets.