Artificial Intelligence is transforming the entire world and directly influencing both day-to-day life and work culture. Recently, Netflix rolled out a job vacancy for the position of an AI Product Manager with an annual CTC of $893,335.7156 (estimated).
Globally, organizations are gradually integrating AI tools and applications with their business. This, in turn, is increasing the demand for individuals to switch to AI careers, learn and collaborate with AI tools in 2023.
To excel in an AI career, one needs to understand the basic understanding of the technology and the set of responsibilities they need to perform.
5 In-Demand AI Careers in 2023
Alongside the newcomers in the corporate world, mid-career employees are also rethinking their career paths and embracing AI.
Here is a list of the top 5 AI careers in 2023.
Individuals with a mechanical engineering, robotics, or computer engineering degree can pursue robotics engineering. The job responsibility is to develop robots that can imitate human behaviors. Robotics engineers need in-depth cognitive psychology, electronics, and computer science knowledge. The entry-level salary is around $77,722 per year.
Machine Learning Expert
Machine learning is one of the best AI careers where professionals focus on creating their own software. A prime example can be the invention of chatbots. Anyone with a data programming, mathematics, and computer science background can pursue this career opportunity. The beginners could expect an annual CTC of $95,000 and $135,000 (estimated).
Data science is an excellent AI career where individuals must collect complex data and analyze it using statistical tools. The goal is to accumulate valuable insights and details and generate solutions for a venture’s progress. The entry-level salary of a data scientist could be around $98,650 (estimated). Individuals with a bachelor’s degree in computer science or data science can continue with this career option.
AI Research Scientist
The job role of an AI research scientist involves performing real-time experiments on existing AI models and applications to introduce new algorithms to them. In short, AI research scientists require modifying how machines operate and function.
The algorithms they generate are crucial for evaluating data trends and patterns. The entry-level salary of an AI research scientist is over $100,000 annually (estimated). Individuals must pursue a bachelor’s degree in computer science or computer programming to continue this career path.
AI Product Manager
Anyone with a bachelor’s degree in computer science can pursue a career as an AI product manager. For senior positions, individuals might require a master’s degree in computer science, engineering, or business administration. The average entry-level salary could be around $100,000 annually.
Why is AI Crucial for Businesses?
Implementation of AI showers a business with multiple benefits, including reduction in operational costs, enhancement in customer experience, revenue growth, and more. To make the most out of this cutting-edge technology, businesses of all sizes must incorporate cloud computing, machine learning, language processing, etc. Here are a few reasons AI has become an inevitable need for every business:
Eliminates Human Errors
With AI, businesses can automate time-consuming and error-prone tasks, eliminating the issues of manual errors. It will further free the team members, allowing them to focus on core in-house operations and responsibilities.
Increases Productivity and Profit
With cognitive technologies, businesses can make informed decisions faster regarding marketing campaigns and product development. This, in turn, would result in better productivity and profit margin.
Generate Leads and Increase Conversion Rates
By integrating AI solutions, businesses can easily mine vast data, generate potential leads and convert them into buying customers. Also, leveraging this next-gen technology, organizations can explore their maximum sales opportunities and take actions accordingly.
Grow Consumer Base
AI solutions can give businesses an insight to the preference and needs of their target-audience. As a result, businesses can offer them a personalized experience, strengthening customer loyalty.
Power Your Business with Excellent AI Solutions
Inferenz experts are dedicated to understanding the customized AI requirements for your venture and cater to them excellently. Our team includes highly-skilled and experienced AI developers, data scientists, and machine learning experts. If you need an AI expert to assist you in automating or administering your business operations, we are just a call away!