Bengaluru Tech Summit 2020: Impact of AI in Healthcare Systems
TheNFAPost Podcast
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●     AI-related jobs have seen a steady increase in job searches in the last 5 years

●     Python, Natural Language Processing (NLP), among top skills in demand

Bengaluru, NFAPost: Data from Indeed, the world’s no. 1 job site, has revealed job searches in Artificial Intelligence (AI) has risen 106% in the past year (June 2019 to June 2020). Job searches around AI-related jobs have seen a 20% increase in the last 6 months alone (March 2020 to July 2020), in line with the onset Covid-19.

AI in the post-Covid era

In the wake of the global pandemic, industries across the board are witnessing an accelerated adoption of AI-led technologies in order to ensure business continuity during the changed circumstances. An increasing number of functions are being automated, creating a need for more skilled tech talent.

The Fourth Industrial Revolution has boosted not only the creation of jobs in the space, but also the interest in AI-related jobs, as job searches have seen a consecutive increase in the last five years. Job openings for AI-related jobs have seen a 28% increase from August 2019 to August 2020, while job searches have seen a 91% spike.

Time Period% change in job searches (per million)
June 2016 to June 201753%
June 2017 to June 201882%
June 2018 to June 201980%
June 2019 to June 2020106%

Job postings related to AI have also seen a steady rise in the last two years, with a 46% increase between June 2018 and June 2019, and a 51% increase between June 2019 and June 2020. The last six months (March 2020 to July 2020) alone have seen a rise of 17% in job postings in the space.

Top skills in demand

Python
Natural Language Processing (NLP)
TensorFlow

A large number of companies, both within the technology sector and beyond, are seeking talent with specialised skills required to develop and implement machine learning solutions to post-COVID requirements. In fact, several companies, and even job seekers independently, are actively pursuing avenues to upskill themselves in order to keep pace with the evolution of new-age tech.

Indeed India Head of Engineering, India and Site Director Venkata Machavarapu said in light of new reality in a post-pandemic world, the need of the hour is twofold – to reinvent existing tech to adapt to the new norms of social distancing and reimagined physical boundaries, and to drive innovation in the creation of the tech solutions that are now required in the new normal.

AI-powered solutions

“Even as businesses work towards regaining momentum in the global economy, it is imperative to ensure that talent is able to keep up with the emerging demands of AI-powered solutions on their skills,” said Indeed India Head of Engineering, India and Site Director Venkata Machavarapu.

With machine learning finding application across sectors from healthcare, to digital finance to logistics, there are ample opportunities for skilled job seekers to explore. Further, a key application of machine learning has turned out to be in the edtech space, which is supporting the upskilling needs of job seekers, in order to ensure that they stay relevant in a rapidly advancing environment.

More people find jobs on Indeed than anywhere else. Indeed is the #1 job site in the world and allows job seekers to search millions of jobs on the web or mobile in over 60 countries and 28 languages. More than 250 million people each month search for jobs, post resumes, and research companies on Indeed.

 

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