Why is Artificial Intelligence the fastest growing industry?

While Artificial Intelligence (AI) It has existed for more than sixty years, today, thanks to greater computing power, the availability of large amounts of data and more sophisticated algorithms, the applications of this area of ​​computers have spread rapidly and have a direct impact on the Workspace.

The need to meet demand for products and services that incorporate this technology has forced companies to hire new employees qualified professionals and experts in this field. Because of this, many companies are currently looking for jobs related to the Artificial intelligence programming and programming Machine learning (Machine learning) as well Data scientist.

Why is Artificial Intelligence the fastest growing industry?
Why is Artificial Intelligence the fastest growing industry?

According to the latest World Economic Forum report, Jobs of Tomorrow: Mapping Opportunity in the New Economy (2020), 133 million new jobs will be created worldwide by 2022, of which 16% will work in the field of data and artificial intelligence.

  • Learn more: Why data is the world’s most valuable resource today

But what about artificial intelligence in Mexico?

According to the latest analysis by the Federal Telecommunications Agency, published in January 2020, the The Internet is the most widely used information and communication technology (ICT) in Mexico, how 66 out of 100 people aged 6 and over use it; which explains the importance of this network in the lives of Mexicans.

It has been shown that citizens use technology to access social networks (51.2%), watch free audiovisual content (48.6%), get education or training (45.7%); as well as purchases (12.9%), sales (6.2%) and banking (9.5%).

As the job portal Jobatus indicates, this reality has led the country to invest more in new technologies and therefore to create more jobs with a focus on the digital sector.

This is shown, for example, by the 2020 Emerging Jobs Report in Mexico published by LinkedIn. It can be seen that the most popular profiles on the national market are those from the areas of digital business, cybersecurity, artificial intelligence and Big data. Likewise, according to the RH Observatory, it is expected that AI specialists will achieve 58% demand in the country in 2021.

  • To find out more: How do I start your career as a programmer in Artificial Intelligence?

Incidentally, the study was presented during the Microsoft AI + Tour in Mexico: “The Impact of AI on the Labor Market in Mexico“Developed by the international consulting firm DuckerFrontier and on behalf of Microsoft Latin America, which primarily takes up the current position of the country with regard to the introduction of artificial intelligence in the economy, society and the labor market.

The study highlights the following: In a simulation of the maximum adoption of Artificial Intelligence over the next 10 years Mexico could increase its GDP growth rate based on the current projections of 2.4% average annual growth up to 2030 at levels of 4.6% to 6.4%. This boost could go hand in hand with an increase in productivity and the demand for more skilled workers. According to this scheme is the corporate services industry would benefit the most with 9.4 million new jobs or the equivalent of the new working time (109% additional jobs in 2030).

With regard to professions, high-skilled jobs could increase by 67% over the next decade. In six of the seven largest sectors analyzed (public sector, business services, trade, hospitality and tourism, construction, manufacturing, mining, agriculture and public services) demand for high-skilled jobs could increase, with the service business adding 8.9 million additional high-skilled workers ( 221% more jobs or corresponding working hours); Manufacturing, 1.8 million (92%); and construction, 1 million (157%).

As we can see, there are different reports and each offers different percentages, but on average of the countries that make up the Organization for Economic Co-operation and Development (OECD) it is estimated that 55% of jobs could be vulnerable to automation in the next decade. For Mexico it is estimated to be roughly between 19% and 53% of jobs will be affected by AI during this period.

In summary, we can say that the Artificial intelligence will continue to change the world of work And as with previous technological revolutions will create a large amount of jobs. For this reason, it is important that professionals are trained to acquire new skills and meet the demands of new technology.

  • Learn more: Tesla aims to become an artificial intelligence robotics company

It should be noted that, according to experts, the most requested profiles are: Artificial intelligence programmers, data analysts and scientists, Developer of software and applications, experts in machine learning or machine learning, engineers in Full stack, ie professionals who are involved in the creation, development and use of robots or intelligent systems.

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