54% salary hike for AI skills in India AWS Research reveals future of jobs

Workers with Artificial Intelligence (AI) skills may witness up to 54 per cent salary hikes, Amazon Web Services (AWS) Research report stated. The research mentioned that the hiring AI-skilled talent is a priority for more than 9 in 10 employers in India, of which 79 per cent can’t find the AI talent they need.

Workers with AI skills may witness up to 54pc salary hikes (Pic: Pixabay)

New Delhi: People engaged in Artificial Intelligence-related work in India can expect a bumper salary hike. A report of Amazon Web Services (AWS) stated that workers in India with AI skills and knowledge may get an increment of over 54 per cent. IT and research and development professionals are expected to receive the highest pay increases.

The report commissioned by Amazon subsidiary AWS stated around 99 per cent of employers envision their companies becoming AI-driven organisations by 2028,.

“While most employers (97 per cent) believe their finance department will be the biggest beneficiary, they also foresee IT (96 per cent), research and development (96 per cent), sales and marketing (96per cent), business operations (95 per cent), human resources (94 per cent), and legal (92 per cent) departments driving significant value from AI too,” it said.

The report – Accelerating AI Skills: Preparing the Asia-Pacific Workforce for Jobs of the Future – mentioned that around 98 per cent of the respondents expect to use generative AI tools on the job within the next five years.
The report was published after a survey was conducted over 1,600 workers and 500 employers in India.

AWS official Amit Mehta said that his company is associated with IT majors such as Wipro, L&T Technology Services, Iris Software, and others, to upskill their employees to be ready for a future powered by generative AI.

Another good news for the people looking for jobs in AI industry is that the hiring AI-skilled talent is a priority for more than nine in ten (96 per cent) employers in India, AWS report said.

“95 per cent of Gen Z, 96 per cent of Millennials, and 93 per cent of Gen X workers want to acquire AI skills, while 90 per cent of baby boomers — a demographic usually contemplating retirement — say they would enrol in an AI upskilling course if it was offered.”

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