Severe loss of jobs and furloughs amid COVID-19!
Perhaps, this phrase has become a day-to-day headline in every news and articles we come across. It is funny how things were different a few weeks back, and how quickly our routine has changed. The world is still under shock, we’re currently facing what the world calls, one of the worst economic downturn ever since the pandemic attack.
However, with economists and researchers predicting over 40 percent of jobs in the UK will be automated by 2030, we still have a technology domain that is set to boom – AI and automation. During the past three years, AI job opportunities accelerated by nearly 500 percent, based on a report by Indeed. If we look at the present scenario, jobs are in abundance but the talent is scarce. No wonder companies are fighting to grab the best AI talent for their firm.
Despite the COVID-19 crisis, technologies such as AI, machine learning, and big data have started contributing to fight against the pandemic. COVID-19 is the first global public health crisis of the 21st century. Presently, AI tools and technologies such as CLEW and AliveCor are being used to detect signals that are preventing cardiac arrests and respiratory disruption. Today, multiple AI-powered projects that are based on machine learning, big data, and data science are brought to use across multiple fields to predict, evaluate, and explain different situations caused by the pandemic.
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