Are you interested in AI (Artificial Intelligence) and looking for ways to build your career in the most influential new-age technologies used by industries worldwide? Well then, you are at the right place, as the scope of AI in India is tremendous. Though still at a nascent stage, AI is being used across various industrial sectors like agriculture, automobile, education, and transport. And India will play a great role in the AI revolution.
This article is a comprehensive guide about the benefits and risks of AI entering our professional lives and the amazing career opportunities it entails. Essentially, you’ll know about the future scope of Artificial Intelligence and the various aspects of human intelligence, like self-learning, reasoning, etc., that can be inculcated in a machine using Artificial Intelligence.
AI helps machines to mimic human behavior like interpretation, decision-making ability, etc. A machine can interact with its surroundings with the help of embedded AI algorithms. In this beginner’s guide to the scope of AI, we will discuss the job opportunities and benefits of AI in India. Read on to learn more about the scope of Artificial Intelligence along with its use cases.
There are various uses of AI in the modern-day scenario. Industries have been using AI to bring automation into the processes. Better AI algorithms are being developed daily to pace various industry processes/chores. Beginners should know the following pros of AI
Automation – AI creates an understanding of the machines to interpret the situation and perform the required action. Some jobs, like paper checking, form submission, etc., can be tiring. These chores can be automated with the help of AI with the least human intervention. Employees in an organization/industry can focus on their core responsibility while tedious chores can be automated with AI.
Speed – AI can do much work without stopping compared to humans. Besides automation, AI lets us complete work before deadlines, and the work can be done outside working hours. It reduces not only human labor but also provides great speed and efficiency. Have you seen an AI machine that works 24*7 yet? If not, we will discuss some of the use cases of AI further in this blog.
Accuracy – AI reduces the chances of error as compared to humans. Since the machine will always act according to the fixed AI algorithm in every scenario, there are fewer errors. AI helps us in defining new limits of accuracy and precision with reduced risks.
Exploration – Artificial Intelligence has helped us to discover many unexplored places like volcanic sites, ocean beds, etc. Humans cannot visit these vulnerable sites as they can’t survive in those scenarios. An AI machine can go to such vulnerable places and can also collect information.
Data Collection And Analysis – Data analytics is already a trending technology in the modern-day business world. Industries and businesses know the value of analyzing and extracting useful information from huge chunks of data.
Various benefits of AI lead to various use cases and job roles in the market, which are beneficial for deep tech enthusiasts or freshers looking to build their careers in the AI industry. The scope of AI is bright in India as firms need expert employees who can extract meaningful information from large chunks of data.
2) What Are The Risks Associated With AI?
Do you know about the risks associated with AI and how to manage them? A beginner should be aware of the potential risks involved with AI processes and how to tackle them. Some of the common risks associated with AI are as follows:
High Implementation Cost – Are you looking to set up chatbot software for your firm/business? The implementation cost of AI is higher than setting up other technologies like cloud technology, database, etc. AI, Machine Learning, and Deep Learning subsets also have high implementation costs. Why do firms then still opt for AI in spite of its high implementation cost? This is because almost every business has realized the future scope of Artificial Intelligence. Though its implementation cost is high at the moment, an AI setup can help you in the long run. It is sure to save you money and resources by reducing dependency on human labor in your organization.
Human Replication – It all started in 1950 when Alan Turing conducted a ‘Turing Test’ to define the ability to think in machines. Since then, the replication of human intelligence by the use of AI has been continuously debated. While some see it as a human-friendly technology, some see AI advancements as a sign of destruction. Have you seen movies related to robots and the risks associated with them? The bright scope of Artificial Intelligence also comes with its risks that are to be handled by AI experts.
3) What Are The Applications Of AI?
AI has its application in every conceivable field or sector, and the recent advancements will only increase the application and relevance of AI in just about every sphere of human activity. As a beginner, you may think that AI is a newly developed technology. AI has been under development for longer than you think. Some of the top use cases of AI are as follows:
Speech Recognition – AI has helped us to convert spoken words into digital text. Speech recognition has many uses like voice-enabled messaging, content writing, voice-controlled remotes, and appliances. Speech recognition is also used for authorization and validation. For example, if an office is accessed only by authorized personnel, speech recognition can be used to match their voices and authorization. If an unauthorized person tries to enter the office, he will be stopped from doing so as his voice sample will not match.
Natural Language Processing – NLP (Natural Language Processing) enables a system or a machine to understand human text. You must have heard about some of the prominent virtual assistants like Siri, Google Assistant, etc. Virtual assistants and chatbots work on the principle of NLP and understand their users’ sentiments and moods.
Image recognition – Recently, a platform named ‘MyHeritage’ allowed its users to animate old photos. It uses AI and deep neural networks to animate faces in still photos. AI can understand the actions in video footage or still images. Image recognition has many applications like facial recognition, fingerprint ID, self-driving vehicles, etc. Image recognition is also highly used in the digital marketing space.
Stock Trading – Have you heard about AI platforms that allow automated stock trading? Well, AI can understand the fluctuations in the stock market and can predict high-return stocks more accurately than humans. The future scope of Artificial Intelligence in the finance sector is also fueled due to the rise of cryptocurrency trading.
Robots – Have you heard about the new-gen ‘Sophia’ robot? It is supposed to be one of the world’s most intelligent robots. Besides developing robots with high intelligence, AI has also helped to create robots that can assist humans with regular tasks like cleaning, gardening, servicing, etc.
These were just the top use cases of AI in the current scenario. AI has various other use cases like autopilot technology in vehicles, ride-booking services, cybersecurity, etc.
4) Roles in AI Career
Freshers should analyze their competencies and skills and choose a preferable AI role with chances of upward mobility. The future scope of Artificial Intelligence keeps on increasing due to new job roles and advancements in the AI sector. Various roles in an AI career are as follows:
AI analysts and developers
AI engineers and scientists
AI algorithm specialist
Military and aviation experts
Maintenance and mechanical engineers
Surgical AI technicians
5) Future of AI
Artificial Intelligence’s future scope is bright in India, with lots of organizations opting for AI automation. It is necessary to understand the recent developments in AI to find a suitable job role depending on your competencies.
Artificial Intelligence scope is limited to household and business purposes as the medical and aviation sector is also using AI to betterment their services. If AI is outperforming human efforts, then opting for AI automation will slash costs in the long run for a business.
Automation in operating vehicles has created a buzz in the logistics industry, as it is expected that automated trucks/vehicles can be used soon. Due to the bright Artificial Intelligence future scope, many AI start-ups are expected to rise in number in the coming years. The number of AI start-ups in India has significantly increased in recent years, giving a hint of opportunities. Also, India’s talent gap for expert AI developers is huge, and businesses need AI experts more than ever. Businesses are not looking to miss out on any type of technology that can revolutionize their business processes.
The use of data analytics by businesses/firms has also increased in recent years, and AI can enhance the accuracy & speed of the data analytics process. Investors and stakeholders are also investing more in AI start-ups, thus signifying the bright future scope of Artificial Intelligence.
6) Jobs in AI
The name of the designation in the AI sector can differ for different firms. Some of the top jobs in AI (India – 2021) are as follows:
Computational Philosopher – A computational philosopher is concerned with teaching human ethics and values in AI algorithms. For example, if a robot is being developed for doing household chores, it must be designed to listen and obey its employer’s commands.
Robot Personality Designer – A dedicated robot personality designer designs a machine/robot’s digital persona.
Robot Obedience Trainer – A robot obedience trainer is concerned with teaching the machine/robot to follow instructions and comply with the constraints. With more and more robots being introduced in houses, military strategies, etc., the future scope of Artificial Intelligence is bright.
Autonomous Vehicle Infrastructure Designer – An autonomous vehicle designer develops autonomous vehicles’ digital interfaces that help them work independently. The bright Artificial Intelligence future scope can fuel the growth of autonomous vehicles in various industries.
Algorithm Trainers / Click Workers – They work closely with AI algorithms and train them to recognize instructions, sentiments, moods, images, speech, etc. They train an AI algorithm to interact with their surroundings and take appropriate actions autonomously.
AI Cybersecurity Expert – An AI cybersecurity expert develops algorithms that can identify a theft/risk associated with the system and take actions to eliminate it autonomously. Since new types of cyberattacks are evolving every day, AI is being used in cybersecurity to identify them. The future scope of Artificial Intelligence (AI cybersecurity) is also bright in the Asia Pacific region.
Recently, businesses have seen a massive unraveling of the AI and ML phenomena as they find their application possibilities in various fields. For example, researchers started using Machine Learning to gain insights into the recent global pandemic that brought the world to a standstill.
When we talk of the combined scope of AI and Machine Learning in India, it is essential to accredit its application in medical segments to track the spread of the virus, contact tracing, and even analytics for a cure. Experts predict that as the vicious economic downturn sets in, the demand for AI and ML professionals is rising in India. This is a positive indicator of the scope of Machine Learning and Artificial Intelligence in India.
Numerous IT professionals aspire to make a career in AI and ML technologies and look for ways to upskill and become AI and ML experts. Even when the country saw a massive trend of job losses, jobs in Machine Learning and Artificial Intelligence were least affected. Businesses are already on the patch to create more robust virtual work environments leading to heightened demand for AI and ML professionals.
The advancements in technologies also fuel the future scope of Artificial Intelligence in India in subsets of AI like Deep Learning, Machine Learning, etc. You can opt for a course in AI by a reputed source to know more about AI advancements in India. From NLP to CNN (Concurrent Neural Networks),AI courses can give you a wide understanding of AI advancements. UNext Jigsaw’s AI certification course can help you understand better the scope of AI in India. Also, selecting a suitable job role in AI based on personal competencies is very important for a job-seeker/fresher. Start building a successful AI career in India.
This should be precisely the reason why you should focus on acquiring knowledge about AI and ML now. If the field of data science intrigues you or you are an IT professional looking to fast-track your career growth, our Full Stack Machine Learning & AI program can help you.