AI will create more jobs than it destroys—by 2022, though 75 million jobs are expected to be displaced by automation, 133 million new ones will emerge.

In India, studies indicate that 29% of AI professionals have more than 10 years of work experience. As a result of the huge demand for AI professionals, the number of freshers joining the field has also grown 60% from 3,700 in 2018 to 6,000 by the end of 2019.On account of limited talent pool available, the top quality talent at premium costs are being deployed for development of mission critical applications. In some cases, the trend has been to disintegrate the job and deploy a combination of junior and experienced resources to speedily develop the solutions, thus allowing the junior resources to also get simultaneously trained on the job.

Source - Financial Express

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