Source | Leslie D’Monte | livemint.com
The US, followed by China, India, Israel, and Germany, rank as the countries with the highest penetration of artificial intelligence (AI) skills among their workforce, according to a new report by professional networking site LinkedIn.com.
The findings, released on Monday, further suggest that while changes driven by AI technologies may still be in their infancy, their impact is being felt across the global labour market in all sectors (https://bit.ly/2OroZdA). Moreover, industries with more AI skills present among their workforce are also the fastest-changing industries.
Further, even as AI— broadly defined as the desire to replicate human intelligence in machines — has no superpower yet, it is undoubtedly becoming smarter with every passing day following advancements in machine learning and deep-learning algorithms, humongous amounts of Big Data on which these algorithms can be trained, and the phenomenal increase in computing power.
These developments have, understandably, given rise to the fear that automation and AI will take away our jobs and eventually become smarter than us. That may, however, not necessarily be the case.
A study by EY and Nasscom predicts that by 2022, around 46% of the workforce will be engaged in entirely new jobs that do not exist today, or will be deployed in jobs that have radically-changed skill sets. This is also borne out by the new LinkedIn study. AI skills, for instance, are among the fastest-growing skills on LinkedIn — a 190% increase from 2015 to 2017.
In 2017, the number of LinkedIn members adding AI skills to their profiles increased 190% from 2015. “When we talk about ‘AI skills’, we are referring to skills needed to create AI technologies, which include expertise in areas such as neural networks, deep learning, and machine learning, as well as actual ‘tools’ such as Weka and Scikit-Learn,” according to the author of the report, Igor Perisic, chief data officer of LinkedIn.