The advent of new technologies like artificial intelligence and data science has changed the job market as well as human lives. Businesses are heavily dependent on data to make important decisions and are also adopting AI technologies to encourage automation. With this, AI and Data Science have become the fastest-growing technologies across the globe. This also gives rise to thousands of job opportunities in AI and Data Science. As many youngsters are aspiring to build a career in these fields, they are curious to know about the future of these technologies and related career opportunities.
If you aspire to build a career in AI or data science, you can have plenty of related course options online as well as offline. Before you enrol in any data science course or AI certification program, you must understand what these technologies are all about. Let us help you understand what is AI & data science and what the future of these fields looks like:
What is Data Science?
Data Science is a field of study that focuses on extracting and analysing organisational data to extract meaningful information from it. The field combines various mathematical, statistical, programming, and scientific methods to transform unstructured data into actionable insights. The data science lifecycle involves different stages, including data ingestion, data storage & processing, data analysis, and communication.
Future of Data Science
As per studies, the data science field is expected to grow by 31.4% by 2030. As organisations are now heavily dependent on data to make important decisions, the data science field is gaining more significance. It has become one of the fastest-growing technologies in the world and was even termed the ‘sexiest job of the 21st century’ by Harvard Business Review. As more and more people are using social media, the amount of data available online is also increasing.
According to some experts, the number of social media users will increase in the coming years. With this, the amount of online data will also see a rise. As the data increases, advancements in data science and machine learning technologies will be required. Data science techniques help businesses in understanding the interests and buying behaviour of their customers. By analysing consumer behaviours, businesses can recommend the most relevant products and provide them with personalised services.
Along with the big companies, data science has also become useful in our daily lives. The weather forecasts, Netflix movie recommendations, email spam filters, personalised feeds on social media, etc, all are applications of data science. Data science is not just making businesses more efficient, but also making several human tasks easier. In the coming years, we can expect significant growth in the field of data science and a high increase in the demand for data scientists.
What is Artificial Intelligence?
AI (Artificial Intelligence) is a subfield of computer science that focuses on enabling machines to perform human-like tasks. AI-based machines or robots can perform the tasks that generally require human intelligence. Therefore, AI can be simply defined as a field, which focuses on building intelligent machines that function in a similar manner to humans. The aim of AI is to build smart systems that can improve the efficiency and productivity of tasks performed by humans. Some most common applications of artificial intelligence include chatbots, Amazon’s Alexa, Google Assistant, image recognition, etc.
Future of AI in India
In the past few years, the usage of AI in businesses has increased by over 270 percent. Around 90% of businesses are already making high investments in AI and more of them are expected to invest in AI technologies in the near future. Businesses that use AI have reported increased productivity and efficiency due to AI-driven technologies. In the next five years, i.e. by 2028, the artificial intelligence in the healthcare field is expected to reach 102.7 billion, which is 14.2 billion in 2023. This number shows the level of growth we can expect in this field.
AI is impacting not just one or two, but multiple industries. From automotive to healthcare to cyber-security and e-commerce, AI is changing the way businesses work. As per research, AI is expected to automate around 75 million jobs by 2025. But that doesn’t mean that it is leaving humans unemployed. The field is also expected to create over 133 million new jobs. Therefore, AI is not what the media portrays it as. Artificial intelligence is not making humans jobless, but only making their jobs easier to perform.
A Career in Data Science or AI
Data science and Artificial Intelligence are the two fastest-growing fields in the technology world today. As more and more companies are adopting data science and AI, they require skilled professionals to implement these technologies in their organisations. This has become the reason for the increasing demand for data scientists and AI engineers in almost every business. Looking at the growth rate of AI and data science, it is clear that these are among the best career options to consider in the 21st century.
If you aspire to build a career in data science or artificial intelligence, you can start by enrolling in a relevant certification program. Edvancer is one of the top platforms for career-oriented learning and offers online courses in both these fields. You can find 4 data science courses and 3 AI courses at Edvancer. All these courses give you a comprehensive understanding of all the important subjects and also allow you to gain practical experience. Moreover, you can choose to learn at your comfort level by selecting any one of the two learning options.