report Archives - Page 2 of 7

Explosive growth in AI and ML fuels expertise demand

AI and machine learning are reshaping the job landscape, with higher incentives being offered to attract and retain expertise amid talent shortages.

According to a recent report by Harnham, a leading data and analytics recruitment agency in the UK, the demand for ML engineering roles has been steadily rising over the past few years.

Recently, there’s been a shift towards MLOps professionals who possess the skills to bridge the gap between data scientists and data...

28 July 2023 | Enterprise

Google report highlights AI’s impact on the UK economy

A new report by Google emphasises that AI represents the most profound technological shift of our lifetime and has the potential to significantly enhance the UK's economy.

The report suggests that by 2030, AI could boost the UK economy by £400 billion—leading to an annual growth rate of 2.6 percent.

Steven Mooney, CEO of FundMyPitch, commented:

“If AI is projected to bring billions to the UK economy, then why on earth aren’t our start-ups and SMEs...

5 July 2023 | Artificial Intelligence

Demand for AI expertise surges by 1,000%

Fiverr has released its seventh Business Trends Index, revealing a surge in demand for AI expertise.

The ongoing skills shortage is making it difficult for businesses to attract, and retain, tech industry talent. AI expertise is particularly in-demand.

Among the sectors that have seen the biggest increase on Fiverr’s platform include ‘Accounting and Finance’ services, which has seen an 835 percent increase over the past six months—showing a clear demand for AI...

18 April 2023 | Artificial Intelligence

AI professionals seek job flexibility and stability over exciting perks

Research suggests that AI professionals looking for a new job prioritise flexibility and stability over exciting perks.

Despite recent high-profile layoffs, the wider talent shortage is ongoing. Organisations looking to attract, or retain, the best candidates are offering numerous unique benefits.

However, research from BenchSci finds that AI, machine learning, and data professionals are mostly looking for flexibility and stability in their future...

20 March 2023 | Enterprise

Developers believe AI will have a positive world impact

AI is among the “next” technologies that developers believe will have a positive world impact.

Some artists, developers, writers, and other creators have expressed concern that generative AIs may pose a threat to their livelihoods. However, an increasing number view such AIs as assistive tools that will help creators rather than replace them.

Stack Overflow surveyed its developer community to find out how developers feel about technologies currently making the...

13 March 2023 | Applications

Omdia: AI chip startups to have a tough year

Analysts from Omdia expect AI chip startups to have a difficult year.

Omdia’s Top AI Hardware Startups Market Radar finds that over 100 venture capitalists invested over $6 billion into the top 25 AI chip startups since 2018. However, it seems the good times weren’t to last.

The global chip shortage is becoming an inventory crisis. Meanwhile, the economic downturn and difficult monetary policies have made it difficult to raise funding.

“The best-funded AI...

21 February 2023 | Artificial Intelligence

Developers using AI help often produce buggier code

A study by Stanford University computer scientists has found that developers using AI-powered assistants often produce buggier code.

The paper, titled ‘Do Users Write More Insecure Code with AI Assistants?’, examines developers’ use of AI coding assistants like the controversial GitHub Copilot.

“Participants with access to an AI assistant often produced more security vulnerabilities than those without access, with particularly significant results for string...

21 December 2022 | Applications

State of AI 2022: Adoption plateaus but leaders increase gap

According to McKinsey’s latest State of AI report, leaders are pulling ahead but overall adoption is plateauing.

McKinsey notes that organisations that report using AI in at least one business area have more than doubled since 2017.

The most significant jump in adoption was between 2017 (20%) and 2018 (47%). A peak was reached in 2019 (58%) but has since tailed off to 50% in 2022.

Considering the plateau includes the pandemic years – when businesses were...

7 December 2022 | Applications

Omdia: The chatbot market will remain healthily diverse

Omdia analysts have assessed that the chatbot market will remain “served by a robust, diverse ecosystem of vendors”.

The report highlights that it’s contrary to the assessment of vendor assessments and traditional technology market trends.

Mark Beccue, Principal Analyst at Omdia, commented:

“There are several reasons for a robust chatbot solutions market.

One, there is persistent market demand for solutions which address a broad spectrum of...

12 October 2022 | Artificial Intelligence

Appen: 93% say ‘responsible AI’ is the foundation of all projects

Appen’s latest annual State of AI and Machine Learning report has some interesting findings about the pursuit of safe and ethical solutions.

“This year’s State of AI report finds that 93 percent of respondents believe responsible AI is the foundation of all AI projects,” said Mark Brayan, CEO at Appen.

“The problem is, many are facing the challenges of trying to build great AI with poor datasets, and it’s creating a significant roadblock to reaching their...