The introduction of Gen AI and the public breakthrough of OpenAI’s ChatGPT on November 30, 2022 has accelerated the automation potential of generating text and images/video. Applications that are open or that use publicly available data have also become available to a wider group of organizations. The range of work activities suitable for automation has expanded to include those requiring subject matter expertise, interpersonal interaction, and creativity. 

PwC’s global study on Artificial Intelligence estimated that there is a potential contribution of $15.7 trillion to the global economy by 2030 by AI. This is almost 26% boost in GDP in next 6 years. With ChatGPT’s disruption into Generative AI within a year from its initial release in late 2022, it is drawing almost 100Mn users per week. JP Morgan’s research projects a significant impact of Gen AI on the global economy, predicting a potential increase in global GDP by a staggering $7–10 trillion, representing as much as 10% growth. From Gartner’s recently published hype cycle for 2024, Generative AI continues to ride the wave for another 5 years to be reached the plateau.

AI Job Outlook

The job market for AI looks extremely promising. The U.S. Bureau of Labor Statistics expects employment of computer and information technology occupations to grow 13% from 2020 to 2030 (projecting to add about 667,600 new jobs).

How to start a career in Artificial Intelligence

Starting a career in AI requires at least a bachelor’s degree, coupled with some practical experience. 

To get an entry, you need to do some research in understanding various roles that are available out there in AI. Internships would be a good option to start with if you are at an entry level.

With all the above mentioned, you must be wondering where to start and how to start in the field of Artificial Intelligence. The below diagram would help you to understand various career path options available along with some expectations that each role would require.

AI Career Path

Education readiness in Artificial Intelligence

A very exciting and high paid career opportunities in AI will continue to evolve across the industries like manufacturing, health care, technology companies etc. Solaiera, a fast-emerging AI company offers best-in-class-training programs in Artificial Intelligence & Machine Learning and Generative AI. These programs include focus on real-world use cases, responsible and ethical use of AI to make you industry ready.