AI roles surge: data science and ethical oversight drive faster business growth

The latest PwC report reveals that AI-related positions like data science and ethical AI oversight are rapidly expanding, fueling significant revenue growth in businesses. This shift underscores the urgent need for workers to upskill in AI to stay relevant in a transforming job market.

Sources:
The Economic TimesDigitM
Updated 1h ago
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Sources: The Economic TimesDigitM
As artificial intelligence reshapes the global workforce, roles in data science and ethical AI oversight are driving faster business growth, particularly in sectors like software publishing, which report three times higher revenue per employee compared to less AI-integrated industries.

Demand for AI-skilled workers is surging most rapidly in the information and communication sector, followed by professional and financial services, reflecting a shift in employer priorities toward AI expertise.

While AI adoption accelerates productivity, it also disrupts traditional jobs. Sam Altman, CEO of OpenAI, acknowledges the dual impact: "There will be very hard parts like whole classes of jobs going away, but on the other hand, the world will be getting so much richer so quickly."

Microsoft CEO Satya Nadella offers a more optimistic view, stating AI is not a job killer but a wage raiser, amplifying employee expertise and value. Similarly, Google’s Sundar Pichai highlights the need for deeper breakthroughs as AI advances, hinting at a future where businesses benefit more than workers.

Experts advise young professionals to focus on roles less susceptible to automation, including skilled trades and AI-related fields. Ethical AI oversight, data science, and machine learning positions are not only growing but are critical in shaping responsible AI deployment.

This evolving landscape underscores a dynamic labor market where adaptation and specialized AI skills are key to thriving amid rapid technological change.
Sources: The Economic TimesM
AI-driven roles in data science and ethical oversight are accelerating business growth, with industries like software publishing seeing triple revenue gains per employee. Demand surges in information, communication, and professional services sectors, while experts emphasize adapting skills amid job displacement concerns and evolving labor market dynamics.
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The Headline

AI skills and roles drive faster growth and demand

Key Facts
  • Skills in AI-exposed jobs are evolving 66% faster than in less AI-exposed jobs, according to a recent report by a global consulting firm.The Economic Times
  • Software publishing industry experiences three times higher revenue growth per employee due to advanced AI adoption.The Economic Times
  • Demand for AI-skilled workers is growing fastest in the information and communication sector, followed by professional and financial services.The Economic Times
  • Despite overall job growth, there is a global decline in keyboard clerks and ICT professionals.The Economic Times
  • Positions in AI development, data science, machine learning, and ethical AI oversight are gaining traction and are linked to faster business revenue growth.M
Industries such as software publishing, where AI adoption is ahead of the curve, are seeing three times higher growth in revenue per employee than in industries least able to use AI.
The Economic Times
The Economic Times
Sam Altman is both evangelist and alarm bell for artificial intelligence. Hes not sugarcoating anything anymore. In a blog post, he wrote, There will be very hard parts like whole classes of jobs going away, but on the other hand, the world will be getting so much richer so quickly. Altmans candid acknowledgment of job displacement reflects a sobering reality: AI, like ChatGPT and its successors, could render entire professions obsolete.
Digit
Digit
While some jobs are being displaced, others are being created. Positions in AI development, data science, machine learning, and ethical AI oversight are gaining traction. These roles not only offer higher salaries but are also essential in shaping how AI is applied across sectors.
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Key Stats at a Glance
Skill evolution rate increase in AI-exposed jobs
66%
The Economic Times
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Background Context

Leadership views and PwC insights on AI's job impact

Key Facts
  • OpenAI CEO Sam Altman warns that whole classes of jobs could disappear but remains optimistic about adaptability and economic growth.Digit
  • NVIDIA CEO Jensen Huang believes AI-driven productivity will fuel job growth for workers who adapt to new technologies.Digit
  • Microsoft CEO Satya Nadella states AI will increase wages by amplifying employee expertise rather than replacing workers.Digit
  • Google CEO Sundar Pichai calls for deeper AI breakthroughs beyond immediate labor concerns to achieve the next stage of AI development.Digit
  • PwC highlights that manual trades, creative fields, and AI-related roles will remain in demand amid AI-driven changes in the job market.M
  • PwC Chief Economist Barret Kupelian emphasizes AI is more likely to augment than replace many jobs, recommending skilled trades as resilient career paths.M
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