#024 Friday Special - Most In-Demand Jobs in AI, Reliance Jio Launches AI For All, Conversight Raises $9 million in Series A.
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AI BYTE # 1 📢 - What are the Most In-Demand AI Jobs in 2023 and How to Get Them?
⭐ Artificial intelligence (AI) is transforming the world of work, creating new opportunities and challenges for businesses and workers alike.
AI can perform tasks that require human intelligence, such as decision-making, problem-solving, speech recognition, content generation, language translation, and more.
As a result, the demand for AI professionals is high and growing.
According to the World Economic Forum’s Future of Jobs Report 2023, AI and Machine Learning Specialists, Data Analysts and Scientists, and Digital Transformation Specialists are among the top roles that will see increasing demand in the next few years.
The U.S. Bureau of Labor Statistics (BLS) also predicts that the computer and information technology occupation (the field with AI jobs) will increase by 15% between 2021 and 2031, with a median annual wage of $97,430 in May 2021.
If you are interested in pursuing a career in AI, you need to have the right skills and qualifications.
While many employers prefer candidates with bachelor’s or master’s degrees in computer science, engineering, mathematics, or related fields, you can also enter the field without a formal degree.
You can acquire the necessary skills through online courses, boot camps, certifications, or freelance projects.
You can also gain practical experience by working on various tasks, industries, and technologies through platforms like Upwork.
To help you get started, here are some of the most in-demand AI careers in 2023:
Machine Learning Engineer: A Machine Learning Engineer develops, designs, and deploys self-running software that can learn from data and make predictions. For example, Machine Learning Engineers can create chatbots, virtual assistants, driverless cars, or recommendation systems.
Skills Needed to become a Machine Learning Engineer - To become a machine learning engineer, you need to have strong programming skills (especially in Python), knowledge of machine learning frameworks (such as TensorFlow or PyTorch), and experience with data analysis and modeling.
Data Scientist: A Data Scientist collects and analyzes large amounts of data to uncover patterns and insights that inform business decisions. For example, Data Scientists can help optimize marketing campaigns, improve customer satisfaction, or detect fraud.
Skills Needed to become a Data Scientist - To become a data scientist, you need to have skills in statistics, mathematics, programming (especially in R or Python), data visualization tools (such as Tableau or Power BI), and machine learning techniques.
AI Research Scientist: An AI Research Scientist conducts experiments and develops new algorithms and methods to advance the field of AI. For example, AI Research Scientists can work on natural language processing, computer vision, speech recognition, or generative models.
Skills Needed to become a Data Scientist - To become an AI Research Scientist, you need to have a strong background in mathematics, computer science, engineering, or physics, as well as a Ph.D. or equivalent research experience.
AI Ethics Consultant: An AI Ethics Consultant evaluates the ethical implications and social impact of AI systems and provides guidance on how to ensure fairness, accountability, transparency, and safety. For example, AI Ethics Consultants can help prevent bias or discrimination in AI applications, protect user privacy and data security, or address moral dilemmas or legal issues.
Skills Needed to become an Ethics Consultant - To become an AI Ethics Consultant, you need to have skills in philosophy, ethics, law, sociology, psychology, or related fields.
Robotics Engineer: A Robotics Engineer designs, builds, and tests robots that can perform various tasks autonomously or with human assistance. For example, Robotics Engineers can create robots for manufacturing, healthcare, education, or entertainment.
Skills Needed to become an Ethics Consultant - To become a Robotics Engineer, you need to have skills in mechanical engineering, electrical engineering, computer engineering, or related fields, as well as knowledge of robotics software (such as ROS or Arduino) and hardware (such as sensors or actuators).
AI BYTE # 2 📢 - How Jio Platforms is Leading the AI Revolution in India?
⭐ Jio Platforms, a subsidiary of Reliance Industries, has announced its ambitious plans to spearhead the development of India-centric Artificial Intelligence (AI) models.
The company aims to create a massive AI-ready computing capacity, launch innovative products and services, and foster industry transformation.
Some highlights of Jio’s AI vision:
AI for All
Jio’s Chairman, Mukesh Ambani, envisions India at the forefront of the global AI revolution, benefiting every citizen, business, and government. He believes that India has the scale, data, and talent to harness AI for innovation, growth, and prosperity.
He has pledged to create 2000 megawatts of AI-ready computing capacity in a sustainable manner over the next five years.
He recollected, "Seven years ago, Jio pledged broadband for all. Today, the promise is AI for all."
AI Challenges and Opportunities
Jio’s AI vision aligns with the optimism shared by N Chandrasekaran, Chairman of Tata Sons, who believes AI will be a job creator in India, enabling individuals with minimal skills to perform advanced roles.
However, there are also challenges and concerns regarding the privacy and ethics of AI.
Chandrasekaran assures that India is making significant strides in safeguarding data transactions with regulations and frameworks such as DEPA (Data Empowerment and Protection Architecture).
Moreover, Jio is inviting other stakeholders to collaborate and co-create AI solutions for India. Ambani said, “We invite all our partners to join us in this exciting journey of creating an AI-powered India.”
Jio Platforms is poised to ensure that India not only keeps pace but also sets global benchmarks in the AI landscape.
The promise of a brighter, AI-powered future for India is indeed on the horizon.
AI BYTE # 3 📢 - ConverSight Revolutionizing Data Analytics With a $9M Series A Funding
⭐ ConverSight, an Indianapolis-based startup, provides a self-service, all-in-one solution for enterprise data analytics. Its platform covers the entire process from data infrastructure to consumption.
One of its key features is Athena, a conversational AI experience powered by ConverSight’s large language model and knowledge graph.
Athena allows users to access data insights by simply asking questions in natural language and learns from user behavior to proactively push insights and recommendations.
ConverSight also plans to launch MarketSpace, a place where enterprise teams can discover commonly used resources and solution templates for various functions.
MarketSpace will enable users to supercharge their data analytics capabilities with minimal effort and cost.
The series A round was led by Surface Ventures, with participation from Techstars, Augment Ventures, Elevate Ventures, and multiple earlier backers. The new funding will be used to fuel ConverSight’s go-to-market efforts and expand its product with new features.
Gas Attendants say Goodbye to your Job
The Robots are actually taking over