AI JOBS
Is AI a skillset for current MBA graduates? Recent survey says otherwise
A recent survey by GMAC shows that while AI skills are not currently a top priority for MBA graduates, their importance is expected to increase significantly in the next five years. Employers in different regions and industries have varying levels of interest in AI skills.
Saras, a one-of-its-kind institution dedicated solely to AI education, announces its official launch in India
Saras AI Institute, founded by Anil Singh, offers specialised online degree programmes, industry expert educators, personalised coaching, and integrates compassion. This state-approved institution, with a unique curriculum and innovative approach, aligns with World Economic Forum’s projection of 97 million new AI jobs by 2025, addressing the talent shortage in the global AI sector.
Is AI enough for a job at GCC? Companies now train freshers for real-world experience
Aspirational graduates in healthcare technology fuel innovation with a focus on evolving healthcare solutions. Freshers receive in-depth exposure through apprenticeship models, fostering understanding of long-term career paths beyond immediate project work in GCCs.
As tech grip on medical industry becomes stronger, it creates space for new jobs profiles
Ebenazer Paul highlights the increasing demand for skilled professionals in medical billing and coding, driven by technological advancements and evolving healthcare regulations. The industry offers diverse opportunities for growth and specialization, with a focus on continuous education and certifications to stay competitive.
Job Market Outlook: AI integration set to boost employment in financial and real estate sectors
Manpower Group's latest Net Employment Outlook for June to September 2024 showcases positive trends in India's employment sector, ranking sixth globally. Despite some decline, the Financial Services and Real Estate sectors are driving growth, with AI integration expected to further boost employment opportunities. Various sectors and regions display differing hiring intents, reflecting cautious optimism amidst ongoing global challenges.
Nuvepro to train over one lakh professionals in generative AI
Nuvepro plans to train over 100,000 professionals in generative AI, targeting data scientists, developers, AI enthusiasts, and professionals across various industries. In the past two months, Nuvepro has trained over 1,000 professionals through hands-on workshops designed to tackle real-world generative AI challenges.
Indians less worried, more optimistic about AI impact on work: Report
A Boston Consulting Group report has found that Indians are more confident than worried about the impact of artificial intelligence and generative AI on their work, with 54% evincing confidence compared to only 13% showing signs of anxiety. The report, based on BCG's AI at Work 2024 report, found that 42% of respondents globally reported confidence about AI and GenAI's impact on their work, compared to 26% last year.
Nearly nine in 10 recruiters use AI for sourcing candidates: Survey
India Inc. is grappling with a shortage of workers skilled in AI, despite over half of recruiters being prepared for AI adoption. Lack of knowledge or training is cited as a major barrier, emphasizing the need for educational initiatives to bridge the skills gap. A survey from Talent500 indicates a strong inclination among companies to incorporate AI-driven tools into their recruitment processes.
China's ByteDance working with Broadcom to develop advanced AI chip
China's ByteDance collaborates with U.S. chip designer Broadcom to develop a 5nm AI processor, ensuring a stable supply of high-end chips for TikTok and other apps amid U.S.-China tensions.
AI will eliminate certain roles, but will create more jobs than it eliminates: Deloitte AI exec
In an interview with PTI, Tandon, Managing Director, AI and Insights Practice Leader, Deloitte LLP, said AI will not snatch jobs, but will simply do away with some of the easier jobs, and create new roles.
Salesforce, its partners expected to create 1.8 million new jobs in India by 2028: IDC report
Salesforce in India is set to create 1.8 million jobs and $88.6 billion in revenues by 2028 through AI-driven initiatives. The company's focus on public sector solutions and digital lending reflects its commitment to India's growth.
Ixigo IPO pops; AI jobs command premium pay
Ixigo lists at about 50% premium, ends day at 20% upper circuit. This and more in today’s ETtech Top 5.
AI jobs command premium pay as companies fill specialised roles
Experts and staffing firms told ET that qualified AI professionals in India are raking in serious cash. Compared to traditional IT roles, AI specialists can command a salary premium of up to 40-80%. The demand for AI talent is exploding as companies race to fill these new and specialised positions.
IMF calls for stronger social safety net to 'broaden' gains from AI
Fiscal policy has a "major role to play" in broadening the financial gains from generative AI technology and preventing a spike in wealth inequality, the IMF said Monday. "Fiscal policy has a major role to play in supporting a more equal distribution of gains and opportunities from generative-AI," IMF staff wrote in a blog post published to accompany the new paper.
What will a robot make of your resume? The bias problem with using AI in job recruitment
Establishing guidelines, ethical standards, and promoting transparency in AI decision-making processes are essential for fair recruitment practices. Collaboration between HR professionals and AI developers can lead to more inclusive and equitable hiring processes.
Using AI to draft a cover letter? Don’t depend on tech too much
Artificial intelligence (AI) is beneficial for job applications, but over-reliance on it for drafting cover letters can lack personalization. Sashi Kumar from Indeed India emphasizes the importance of a human touch in cover letters to convey authenticity and storytelling for job seekers.
Microsoft to lay off about 1,500 employees at Azure cloud unit: report
Microsoft is cutting hundreds of jobs at its Azure cloud unit, impacting teams like Azure for Operators and Mission Engineering, as reported by Business Insider.
Nobody would have to work in 'benign' AI scenario, Musk says
"Long-term, in a benign scenario, any job that somebody does will be optional, like if you want to do a job as kind of like a hobby. You do a job, but otherwise the AI and the robots will provide any goods and services that you want," Musk told the Vivatech trade fare in Paris via a video link.
‘Gen AI is a friend, not a foe’...is Infosys founder NR Narayana Murthy’s message to critics of the modern technology
NR Narayana Murthy and S ‘Kris’ Gopalakrishnan discuss the transformative potential of Gen AI, the challenges of technology misuse, the benefits of technology adoption in banking, and India's potential to compete with China in business environment.
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