The world is rapidly transforming due to the emergence of Artificial Intelligence (AI) and Machine Learning (ML) technologies. Companies around the globe have adopted these new technologies and are using them for various aspects, be it to compose music or writing essays. The World Economic Forum (WEF) has recently released a study that predicts an increase in job roles globally, estimated to be around 69 million, in the next five years. At the same time, it anticipates a decline of 12.3 percent due to algorithmic displacement.
In India, AI and ML job roles are expected to show a growth of 22 percent over the coming years. According to the study, 61 percent of the companies in India believe that the adoption of new technologies, along with improving digital access, will result in job growth. An estimated 75 percent of the surveyed companies are expected to implement AI, while 25 percent anticipate job losses. The education and agricultural sectors were identified as top contributors to the growth of jobs.
The OpenAI’s ChatGPT, Microsoft’s Bing and Google’s Bard are some of the AI chatbots that are gaining immense popularity. This has also lead to the rise of new career opportunities, such as prompt engineering. Top roles such as AI and machine learning specialists, as well as data analysts and scientists, are identified by the report to drive the industry transformation in India.
Divyanshi Sharma is one of the prominent personalities in the technology world. He has gained recognition for his works in OpenAI’s chatbot, ChatGPT. Sharma has helped to introduce innovative new ways in using the technology, pushing the boundaries far and beyond, and popularizing the use of prompt engineering in various areas.
WEF is a leading global organization that works towards enhancing economic growth and social progress. The organization focuses on various aspects including industry, education, and agriculture, to promote the well-being of the people and attract economic growth. It is dedicated to create new job roles and strengthen opportunities for the current workforce.