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Its happening already. Following Dropboxs move to lay off 500 employees as it shifts its focus to AI, IBM now plans to replace 7,800 jobs with AI technology and pause hiring for roles that could be automated. Company CEO Arvind Krishna stated that most back-office positions, such as HR and accounting, will be replaced.

Layoffs due to AI were inevitable, but amid lingering job losses, new jobs are also being created. A report by the World Economic Forum states that demand for AI and machine learning specialists will grow at the fastest rate in the next five years. The organisation has also listed a number of AI jobs that are expected to see massive growth in the coming years. Lets take a look at them.

AI and machine learning specialists: These are professionals who design, develop, and implement AI and ML systems and applications. They use various tools and techniques to analyse data, build models, and optimise algorithms. The demand for AI and machine learning specialists will grow at the fastest rate in the next five years, the WEF report says.

Big data specialists: They specialise in managing, analysing and interpreting large and complex data sets. They use cutting-edge technologies to organise, store, and retrieve vast amounts of information, turning it into valuable insights that can drive business decisions. They work with a variety of industries such as healthcare, finance, and technology, to help them understand and leverage the power of data.

Data engineers: They are responsible for the design, construction and maintenance of the data infrastructure that supports an organisations data management and analytics needs. They develop and manage data pipelines, work with large datasets, and ensure that data is available and accessible to those who need it. They also work with other data professionals to design and implement data architectures that meet the needs of the organisation.

Data analysts and scientists: These are experts who collect, process, and interpret large and complex datasets to generate insights and solutions for various problems and domains. They use statistical methods, programming languages, and visualisation tools to manipulate and communicate data. Data analysts and scientists are expected to see a 32% growth in demand by 2023.

Apart from the aforementioned jobs listed by the World Economic Forum, heres a list of other jobs AI is expected to create in the near future.

AI trainers: They are responsible for teaching machines to learn from data effectively. They also help to ensure that the AI models accurately interpret the data, providing businesses with valuable insights that can drive informed decisions.

AI ethicists: They use their expertise to ensure that AI systems are developed and deployed responsibly. They also identify potential ethical concerns related to privacy, fairness, and transparency, and work to address them through policy and guidelines.

AI user experience designers: They create interfaces and experiences that are intuitive and user-friendly for AI-driven products and services. They also work to ensure that users can easily interact with AI systems, making their experiences more enjoyable and productive.

AI security analysts: They focus on ensuring the safety and integrity of AI-driven solutions. They also identify potential threats, vulnerabilities, and attacks that could compromise AI systems and develop strategies to mitigate them.

Robotics engineers: They design, build, and program autonomous machines that can perform a wide range of tasks, from assembly line work to surgical procedures. By incorporating AI capabilities such as computer vision and natural language processing, they create intelligent machines that can work alongside humans in new and exciting ways.

Of course, these are just a few examples of the new jobs that AI is expected to create. As AI continues to evolve and become more integrated into various industries, its likely that even more new job opportunities will emerge.

IE Online Media Services Pvt Ltd

First published on: 03-05-2023 at 19:39 IST

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From machine learning to robotics: WEF report predicts the most lucrative AI jobs - The Indian Express