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Enterprises now see Artificial Intelligence (AI) and Machine Learning (ML) as tools for their organizations. AI adoption has tripled over the last year.
Chris Howard, research vice president at Gartner, said that “four years ago, AI implementation was rare, only 10% of survey respondents reported that their organizations had deployed AI or would do so shortly. For 2019, that number has leapt to 37% — a 270% increase in four years. If you are a CIO and your organisation doesn’t use AI, chances are high that your competitors do and this should be a concern.”
Howard said that “we still remain far from general AI that can wholly take over complex tasks, but we have now entered the realm of AI-augmented work and decision science — what we call ‘augmented intelligence’.”
The sudden ramp up in using AI has led to a shortage of AI-knowledgeable employees. Major tech businesses now, like Microsoft, Google, Nvidia, and Amazon have large number of job openings for AI engineers. All companies, especially smaller ones, are having a hard time of finding and recruiting AI talent.