AI is currently one of the most in-demand skills in the world. But why are companies so eager to hire AI experts? There are a few main causes: First off, AI is flexible. It can be applied to a range of sectors, from healthcare to banking. Second, AI is always changing. It is constantly finding new uses for it as well as new opportunities. Finally, AI is becoming more affordable. Businesses of all types are adopting artificial intelligence technology because to the rise of cloud computing and open-source AI software.
Today's customer-service-driven businesses rely heavily on their ability to effectively target, sell to, and serve their clients while maintaining their customers' interest in their brand. By using AI to analyse changing data on customer and regional trends, delivery capabilities, and anticipated product or service renewals, the sales organization can produce more accurate sales forecasts. AI also accelerates data science in the marketing field to determine which email messages should be tailored for which audiences. Consumers also now prefer online chatbots to humans when it comes to customer service, giving businesses plenty of opportunity to use AI to increase customer loyalty, satisfaction, and retention in a method that is quicker and far more effective.
Because it is also widely believed to increase human productivity, AI is currently in high demand across a variety of industries. In the area of marketing, where it is used to understand consumer behaviour and support targeted advertising, AI is also tremendously profitable. AI's greatest strength, though, and the reason it is so popular, is that it is incredibly flexible and has limitless potential. Human skill is limited in what it can do at any one time, whereas artificial intelligence can be programmed to learn anything.
Jobs that use these essential technologies in their daily operations, including AI, machine learning, and deep learning, will continue to increase. According to Forbes, the number of occupations requiring AI expertise has increased 4.5 times over the past five years. Sundar Pichai, the CEO of Google, stated that "AI is perhaps the most important thing humanity has ever worked on. I consider it to be more profound than fire or electricity.” Those are the phrases that every data scientist and AI technologist should keep in mind as they plan their professional development.