Machine learning and Deep Learning research advances are transforming our technology. Here are the 20 most important (most-cited) scientific papers that have been published since 2014, starting with "Dropout: a simple way to prevent neural networks from overfitting".
New age streamsA Kamal Karanth, Co-founder, Xpheno, a recruitment company, said in sectors such as IT, FinTech and e-commerce there would be a scramble for AI engineers to prepare for the next 3-5 years. N Shivakumar, Business Head, Recruitment Process Outsourcing, TeamLease, said auto companies are relying on AI, analytics, business intelligence and Cloud for industrial automation.
The emergence of new age digital disciplines such as BlockChain will start to penetrate the e-com industry in 2018. Data scientists will also be in good demand as they would be able to gather, process, synthesise and analyse both volumes of structured and unstructured data.
Currently, India has over 50,000 open data analytics jobs on the market and this is expected to grow to 100,000 in 2018, said Kaklasaria.
Published on December 31, 2017, The Hindu Business Line
BIG DATA, MACHINE LEARNING, AI TO SHAPE JOB MARKET
Jump in demandOne in five companies will use AI to make decisions in 2018. It will help companies offer customised solutions and instructions to employees in real-time.
Old generation text analytics platforms were complex. Few companies were successful in analysing text data. With deep learning in AI, it will be possible to successfully analyse both structured and unstructured text data, he said.
“We expect a 60 per cent increase in demand for AI and machine learning specialists in 2018,” said BN Thammaiah, Managing Director, Kelly Services India. The increase in the demand for AI and ML specialists will be from 20,000 to 32,000 in 2018 even as the IT sector will continue to hire for newer skills, he said.
An AI professional with 2-4 years experience will earn annually ₹15-20 lakh, while for 4-8 years it would be ₹20-50 lakh, he said.