India’s growing AI talent pool
Amid the global surge of interest in artificial intelligence (AI), India is emerging as a frontrunner in fostering AI talent. The nation has solidified its position among the top five rapidly expanding AI talent hubs globally, as reported by LinkedIn, a prominent professional social network.
Top Five Artificial Intelligence Talent Growth
LinkedIn’s ‘Future of Work Report – AI at Work’ highlighted that Singapore, Finland, Ireland, India, and Canada are witnessing the swiftest proliferation of AI skills. Notably, the number of LinkedIn members possessing AI skills has multiplied by 9 times on a global scale, comparing statistics from June 2023 to January 2016.
India’s Impressive Leap
In comparison to January 2016, India has registered a remarkable surge of 14 times more individuals who incorporated AI skills into their profiles. This remarkable growth has propelled India to secure an impressive fourth place in the list of fastest-growing AI talent hubs.
Leaders in Artificial Intelligence Skills Diffusion
Leading the chart in AI skills diffusion, Singapore observed an exponential 20-fold increase between January 2016 and June 2023. Outpacing India were Finland (16X) and Ireland (15X) in the second and third positions, respectively. Canada (13X) secured the fifth spot.
Diverse AI Skills Adoption
Key AI skills that experienced rapid growth encompassed Question Answering, Classification, Recommender Systems, Computer Vision, and Natural Language Processing (NLP). LinkedIn’s findings reveal that these AI skills permeated various sectors such as technology, retail, education, and financial services.
Further Insights:
The analysis encompassing 25 nations showcased a noteworthy trend. Following the launch of ChatGPT in the previous year, there was a near doubling of LinkedIn members integrating AI skills into their profiles. The percentage surged from 7.7% in May-November 2022 to 13% in November 2022-June 2023. ChatGPT was introduced in November 2022.
Karin Kimbrough, LinkedIn’s Chief Economist, emphasized the significance of global AI skills diffusion for realizing productivity gains. She noted that as AI adoption advances, it holds the potential to transcend geographical and industrial boundaries.
With the advent of ChatGPT, India has witnessed a rapid ascent in AI adoption. Indian companies and startups have eagerly embraced AI, innovating products based on OpenAI’s APIs and crafting fresh algorithms catering to various domains like edtech, fintech, SaaS, and more. Recent funding activities in this realm include Kombai’s $4.5 million round, along with early-stage funding for ZuAI and SocialBoat.
