Artificial intelligence is going to change the world. Artificial Intelligence (AI) is currently the most powerful, widely deployed, and fastest-growing technology industry in the world. By some accounts, AI will make $15.7 Trillion worth of global economic impact by 2030 and employ over one billion people in high-skill AI jobs.

Artificial Intelligence (AI) is the future of the job market. With faster, more intelligent computers and software that can think independently, it's no wonder millions of jobs have already been replaced by AI. From drivers and waiters to legal assistants and accountants, AI is revolutionizing the job market as we know it. And this transformation isn't going away any time soon - as per a global report, 50% of all American jobs will be done by machines by 2036, and the fun fact is this stat is created by AI over AI :)

How many jobs will be lost?

Artificial intelligence (AI) has evolved exponentially over the past decade and is poised to create many more jobs. The question is not whether AI will affect job hunting but how much and which jobs. Will it displace frontline workers? Accelerating change brings both opportunity and risk for those interested in new careers and existing careers that are being affected by technological change.

A report published by the Bureau of Labor Statistics (BLS) said approximately 50% of jobs are at risk of being replaced by automation in the next ten years. However, this is a comprehensive definition that includes tasks that aren't even performed by humans anymore, like driving a truck or serving coffee. Some jobs will be completely replaced by technology, like accounting and customer service (but not legal or financial services).

What jobs will be created?

A new trend of businesses that employ artificial intelligence is taking over the job market in the coming years. These companies are springing up all over, from startups to big corporations, and they're employing artificial intelligence in various industries. Here's a glimpse of some of the most impactful uses for AI in the coming years and a glimpse into some of the jobs we should expect to see created.

• Data detective  

• AI-assisted health care technician.

• Cybercity analyst

• Genomic portfolio director

• Man-machine teaming manager

• Financial wellness coach

• Digital tailor

• Quantum machine-learning analyst

• Personal data broker

• Personal memory curator

• Augmented-reality journey builder

• Highway controller

• Fitness commitment counsellor

• Artificial intelligence business development manager

• Master of edge computing

Apart from these, AI will create more and more jobs in the sectors like Healthcare, Robotics, Maintenance Services, Gaming Industry, Financial Services, Education, Entertainment Industry, Transportation. Security System, Defense etc.

What's the ROI of pursuing a career in AI?

The next job market is not what it was ten years ago. As AI progresses and becomes more common, it will have a massive impact on the world. Numerous people are uncertain as to whether or not they want to pursue a career in AI. It seems like a different field from what we do now, but its impact on our lives is enormous.

To pursue graduation or engineering in AI could cost 5,00,000 INR to 20,00,000 INR or more, depending on the location, university, and course curriculum. While the average pay of entry-level Artificial Intelligence jobs in India is around Rs. 6,00,000, mid to senior-level artificial intelligence jobs could earn more than Rs. 50,00,000 in India. 

By this, we can clearly say that pursuing a career in AI can provide a very handsome ROI in over long run.

What kind of education, skills and experience are needed for AI-related careers?

Would you mind going through the blog in which I have written: "How To Become an Artificial Intelligence Engineer?" You can check out this to know what kind of education and skill set you will need to kick-start your career in AI. 

Conclusion:  Artificial intelligence (AI) is being used in numerous industries today, and its impact on the future of work is likely to be profound. AI systems can perform multiple jobs faster and more accurately than humans, and it's only getting better. If you think about it, every industry and business will have to deal with some automation at some point soon. Whether it's something simple like a self-driving car or something much more complex like an automated banking system, Artificial Intelligence will play a key role in helping us automate specific tasks on a global scale.

The hype around artificial intelligence is real. And it will undoubtedly be going transform the global economy, so it is the perfect time to get yourself acquaint with the upcoming era of AI and pursue your dream career.