Topics In Demand
Notification
New

No notification found.

Bridging AI Talent Gaps: Building AI Literacy for Business Success
Bridging AI Talent Gaps: Building AI Literacy for Business Success

January 18, 2025

AI

4

0

Artificial Intelligence (AI) is an integral part of businesses around the world thanks to its ability to transform how we work and drive innovation. At present, the incorporation of artificial intelligence technologies has led to an increase in AI jobs exponentially. From the data shared by Glassdoor, the average salary of an AI scientist ranges from $127,986 to $150,110 depending on individual academic background, location, and work experience.

However, the current job scenario suggests that there might be a lot of AI talent gaps, which refers to many new professionals who are joining the AI field and are not skilled enough to work with the effective tools. This is causing major problems for the recruiters, due to which big companies like PwC are emphasizing bridging the talent gap by suggesting individuals learn the industry-relevant skills. In this blog, we will discuss the in-depth factors causing this issue and evaluate its impact on businesses. Not just that, this blog will also discuss the possible solutions to incorporate for overcoming the challenges to help the future AI leaders.

The AI Skills Gap

“By far, the greatest danger of Artificial Intelligence is that people conclude too early that they understand it.”

—Eliezer Yudkowsky, Artificial Intelligence Researcher

As shared by the researcher, artificial intelligence is a rapidly growing field that involves using different methods and technologies to transform overall businesses and lifestyles of people. Hence, if you are not updating your skills to the latest changes or updates, then it might lead to a skill gap, which increases potential risk in your career.

The AI skills gap is not just a lack of technically oriented domain skills, but it highlights a much deeper issue that is AI literacy. Many professionals are not aware of AI in performing critical business functions, which poses significant challenges for employers around the world. If you think of this in terms of recruiters, then it can create a lot of difficulties in hiring the right AI talent.

How to Overcome AI Talent Gaps?

There are a lot of methods discussed by industry experts to overcome such talent or skills gaps. Here are some methods that can be used:

  1. Investing in education or training – To ensure AI education is accessible for everyone, governments, institutions, and companies play a major role that involves providing good AI courses and programs, implementing effective learning initiatives, or integrating AI relevant curriculum in school and colleges.
  2. Encouraging lifelong learning – As AI is evolving so fast, it is important for professionals or freshers to continuously update their skills. This might include staying relevant to the current industry AI trends, taking part in various online quizzes or activities, pursuing courses and certifications, etc.
  3. Promoting industry-relevant learning – It is crucial for institutions to provide industry-relevant education so that students can learn how to use the current technologies and be clear with the concepts. Institutions must implement frequent curriculum development, apprenticeship programs, or build partnership with various research departments to stay updated with the AI trends.
  4. AI reskilling and upskilling programs – Similar to institutions, companies also must take necessary steps to improve their overall workforce. This can be done by conducting workshops and seminars, giving certifications, providing customized learning platforms, or encouraging them to reskill. All these steps are enough to help a company build and maintain a competitive workforce ideal for executing any complex business solutions.

Strategies to Develop Skills in the Workplace

Irrespective of the increasing efforts taken by many companies to conduct AI development programs, the gap still remains an issue. Here are some strategies that can help business leaders to hire and retain the talents:

  • Identify the causes of the skill gaps in your workforce

This is the first step to bridge the skill gap in your workforce. You can conduct an assessment to evaluate what percentage of your workforce is skilled enough. With this assessment, you will understand their proficiency levels in topics like AI, data, ML, or related technologies.

This evaluation can be carried out through surveys, practical assessments, and interviews where you can ask about their familiarity with various artificial intelligence tools.  

  • Implement comprehensive programs

AI literacy is not a very “fits-all” concept, as every individual has unique academic requirements based on their educational background and previous work experience. Hence, it is better to opt for globally-accredited institutions that offer industry-paced learning such as United States Artificial Intelligence Institute, Princeton University, California Institute of Technology, etc.

These institutions offer a broad variety of artificial intelligence programs aligned with each career stage. Plus, they have top AI leadership certifications where industry experts will train the learners from a practical point of view.  Here, learners will be given capstone projects to gain better real-life skills on business solutions.

  • Encourage learning and innovation

It is important to encourage employees in gaining AI literacy as it can lead to a cultural shift where they will develop a more AI-informed mindset. The easy way to implement this workforce culture is through employee communication and engagement. Also, you can leverage mentorship with cross-functional teams, which can enhance team collaboration and increase productivity.

These AI trainings can also help employees understand how the currently trending tools can be implemented in their jobs and how they can benefit both them as well as the overall company. Apart from training, you can also conduct webinars, workshops, etc., to keep the workforce relevant and competitive.

Conclusion

Lastly, AI talent gaps can be a big issue in companies, given that most of the sectors or businesses are relying heavily on AI/ML tools and technologies. Hence, successfully building these above-mentioned strategies in your business can help the workforce to stay ahead of their competitors and give productive results. You can also bridge the AI talent gaps by offering your employees the best AI certification in the market.


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


Professional data scientist, Data Enthusiast. #DataScience #BigData #AI #MachineLearning

© Copyright nasscom. All Rights Reserved.