The world is on a rampant change as far as the technology is concerned. A very important cog on the ever-progressing field of technology is artificial intelligence. After emerging as an innovation that can change the landscape of the entire technology world, artificial intelligence has become a hot topic for many debates. But, there has been some excellent implementation of artificial intelligence which established it as an invention that can really change the entire landscape of technology implementation in the corporate world and streamline the business process like never before.
As artificial intelligence is still a relevantly new topic, there are very professionals available that can cater to the needs of the industry. Those who are providing the services required by the companies or rather big companies are making very good money. Therefore, it is high time for the younger generation to dip into the vast ocean of artificial intelligence and learn some basic things about this high demand topic and become ready for an industry which is very high in demand.
- 1 Opportunities in the Field of Artificial Intelligence
Artificial Intelligence: The Background
There was a time back in the 1900s when novelists used to write about machines working like humans and through human out of work. Well, those novels were categorized as science-fiction. But, the science-fiction of the novels of that age is now a reality, which is an unusual paradoxical situation that human beings are facing at the moment. Debates are flurrying all over the world about the disconcerting effect AI can have on human civilization. However, one thing that you have to keep in mind and that is, humans will not become jobless because of the emergence of AI. In order to run AI in companies, human power is still required. The machines running through AI will have the ability to perform tasks which are generally related to human intelligence such as decision making, speech recognition, visual perception, and translation of languages.
Things to Know about Artificial Intelligence
Now, as you have a basic introduction to artificial intelligence, it is time to know about algorithms which are another important part of learning AI. Algorithms can be termed as instructions. In order to make a computer fulfill a set of task, you need to give a set of instructions by which it will be able to fulfill that task. When you work on your computer, you use plenty of algorithms through which your computer works smoothly and precisely. Algorithms are used to streamline the calculations, data processing, and automated reasoning. Everything in artificial intelligence will happen on the basis of algorithms.
Opportunities in the Field of Artificial Intelligence
For Big Companies
Most companies are looking to speed up their production and make business management flawless and seamless. Well, for that, artificial intelligence is just the right technology they need because it is one such thing that has plenty of opportunities in store for the larger companies. Basically, with the help of artificial intelligence, they will be ensuring a faster production system and so they will take a limited amount of time to create their products and also, supply that to the distributors. Therefore, it helps their business to grow at a rapid pace which they are looking for all the time.
For Small Business
You may think that artificial intelligence has no role to play for small businesses but the fact of the matter is artificial intelligence also has a major role to play for small businesses. Basically, it is just the solution a small business requires if it wants to grow and leave the tag of small business from its shoulders. You will be reducing the requirement of a huge number of manpower which companies generally need in order to run their business process.
A small business has capital formation issues and there can be no denial about that. In this regard, one thing it must be said and that if you are running a small business and looking to reduce your recurring spending so that you can invest them into a nice place where your business can grow and compete with the industry giants then you have to implement artificial intelligence is your business process. It will help you immensely to reduce your manpower and reduce the spending that you have to make every month for their salary. Basically, artificial intelligence is just the thing a small business needs in order to ensure the company’s progress.
If you are fresher and looking to start your career in the IT sector and want to have a good opportunity then learning artificial intelligence can do wonders for your career. The demand for professionals with artificial intelligence knowledge is huge and remarkable. Basically, larger companies are looking to implement artificial intelligence in their processes in order to modernize their business process and make it much smoother. So, as a fresher, you are having the opportunity of a lifetime because as you already know, the demand is high in the market, but the supply of this skill is very low. So, big companies are spending an unimaginable amount of money even on fresher to implement artificial intelligence in their facility. Therefore, as a fresher, it is high time for you to delve into the study of artificial intelligence and get one step closer towards achieving your dream career with a lump sum salary at a multinational company.
For Experienced Professionals
If you are in the IT sector and your career is on a stagnant mode then you will be looking for a way to speed up your career. Now, at this age, if you want to skyrocket the growth of your career then you can learn artificial intelligence. As an IT professional, you already have a specific skill set. However, there is not a single company that would say they are not ready to accept someone with multiple skills. If you can attain the skills of artificial intelligence then it will be a huge boost for your career. You can literally have unimaginable growth and you can also have the opportunity of working in a large organization. In the IT industry, every professional is the competitor of the other. So, you need to be one step ahead of your other competitors in order to have growth in your career. Artificial intelligence is allowing you to have that edge over your competitors in the industry.
Companies Scouting for AI Professionals
As you may have heard many times in the aforementioned sections of this article, that companies are scouting for AI professionals. They are basically ransacking the industry to pick the one who is suitable for the job. Now, you must be wondering which companies are looking for AI professionals? In this section, let’s divide the industry as see some of the big names that are scouting for artificial intelligence professionals:
- Automobile: Volkswagen
- Banking: JPMorgan Chase
- Healthcare: Philips
- Computer vision: Panasonic
So, as you can see, artificial intelligence has demand in multiple spheres. Therefore, you can earn a very good salary by joining these companies which are global leaders in their fields.
How Much You Can Earn through Artificial Intelligence?
If you become a professional with artificial intelligence skills then you will be earning close to 8.5 lakh rupees per annum. Well by seeing the figure, you can have your eyebrows raised by, this is a fact. One of the reasons for the high salary is the ever-growing demand of the professional with limited supply.
If you want to become an asset for the large companies and get a lucrative salary then you have to learn the skills of artificial intelligence. With the growing demand in the market, you can expect your career to skyrocket after learning artificial intelligence. Therefore, if you are looking to grow your skills then you can certainly consider artificial intelligence in 2019. And for training you on artificial intelligence, KnowledgeHut is here. It is a renowned training institute in Bangalore which comprises of trainers who can train you on AI right from the beginning.