Shulou(Shulou.com)11/24 Report--

"AI Outpost" Beijing time May 4 news, the upsurge of generative artificial intelligence (AI) is triggering a battle for talent. In India, the salary of top AI talent will double, and the signing fee is a BMW motorcycle.

After Tu Yuan Pexels became popular in ChatGPT all over the world, AI work experience is highly sought after. Aditya Chopra, 36, is a data science expert working in the field of AI. He wasn't going to look for a new job, but the recruiter kept calling him. Chopra works outside New Delhi, and his friends' wages rise by 35 to 50 per cent every time they change jobs. "there is a real shortage of data and AI talent." He said.

Perhaps more than any other country, India illustrates the fact that talent is in short supply. The country of 1.4 billion people has long been a "logistics department" for the technology industry and a "reinforcements" in any emergency. But now even the world's most populous country is running out of data scientists, machine learning experts and skilled engineers that companies need.

"the demand for talent cannot be met," says Rahul Shah, co-founder of WalkWater talent Advisors, a headhunter. "AI cannot be outsourced, it is the core of the company."

The AI recruitment story of doubling wages and giving BMW motorcycles to India is almost absurd. In a recruitment just processed by Shah's company, the new employer more than doubled the salary of job seekers. Freedom Dumlao, chief technology officer of Flexcar, a car rental company, interviewed an engineer. A competitor from Flexcar offered him a BMW motorcycle as a signing fee, the engineer said. "this is the bottom line that I don't want to get close to." Dumlow said.

India faces a serious shortage of AI talents. India's technology industry is based on a large number of cheap labour. Companies such as Tata Consulting Services have pioneered a modern outsourcing model in which western companies hire engineers half a world away to handle support, services and software, often at a fraction of the cost of local staff. According to Nasscom, an industry group, there are currently more than 5 million people in science and technology services in India.

According to a report released by Nasscom in February, India has the second largest number of highly skilled AI, machine learning and big data talents after the United States. It provides 16% of the world's AI talent pool, making it one of the top three talent markets, along with the United States and China.

There is a serious shortage of AI talent, but this seemingly endless supply of labour is in short supply in key areas. Nasscom estimates that there are about 416000 people working in AI and data science in India, and another 213000 are needed. "the proportion of vacancies accounts for about 51 per cent of the current talent base," the company said in a report in February. " The report sees the crisis as a risk to growth.

At the same time, giants such as Google, Microsoft and Amazon have set up their own operations in India, employing thousands of locals. In 2004, Google had only five employees in India; now it has nearly 10, 000.

Today, companies large and small are trying to figure out how AI will affect their destinies. Can ChatGPT predict future demand with the accuracy of the new findings? Will deep learning techniques do better in medical diagnosis than today's doctors? Can trading algorithms be fine-tuned to the extent that financial companies with the most advanced technology drive their competitors out of the market?

Things could get worse. Last year, India added 66 new technological innovation centres, the so-called Global competency centres (GCC), with a total of nearly 1600. These GCC, which used to handle tasks such as IT support and customer support, have evolved into internal hubs for key business technologies such as AI. In the first three months of 2023, asset management company AllianceBernstein Holding LP, car rental company Avis Budget Group Inc., entertainment group Warner Bros. Discovery and aircraft engine maker Pratt & Whitney joined companies such as Goldman Sachs and Wal-Mart to set up research and development centers in Bangalore.

"the shortage of talent will worsen in the next year or two." So says Bisvagit Mahapatra, chief analyst at Forrester Research.

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