India expects 2.3 million AI jobs by 2027

The job market for artificial intelligence (AI) is booming, especially in India, where it is expected to create 2.3 million jobs by 2027. However, there is a significant challenge: a lack of skilled professionals. A report from Bain & Company highlights that more than a million AI roles may go unfilled in India due to this talent gap. As companies increasingly adopt AI technologies, upskilling has become crucial for workers. Many professionals view AI as a threat to their current jobs, while others see it as a chance for new opportunities. The key to success appears to lie in learning new skills to adapt to these changing demands. The report notes that AI job openings worldwide have grown significantly, with a notable annual increase of 21% since 2019. On the flip side, salaries for AI-related positions are also rising, with experts earning more due to their expertise. However, a shortage of qualified candidates is slowing down the broader adoption of AI technologies. In response, companies need to rethink their hiring strategies and invest in training their current employees. Upskilling, especially in fields like AI and data science, has shown to be effective. A recent study found that 80% of professionals who engaged in upskilling experienced positive changes in their careers, such as promotions and salary increases. Salary increases vary for different experience levels. Early-career professionals reported an impressive 139% rise in earnings after upskilling. Mid-career professionals saw a 93% boost, while those with more experience also benefited greatly. Importantly, many professionals are now looking to upskill not just for better pay, but to ensure their job security in an evolving job market. As the competition for AI talent heats up, continuous learning and skill development will be essential for success. The message is clear: adapting to the AI revolution is vital for career growth.