Learning, unlearning and relearning have become crucial skills in this decade, especially given the rapid technological developments. Professionals who want to stay ahead of the curve need to learn new skills, and here are some technologies that you should know.
Machine learning is under AI, and it involves programming machines to learn something new that they were not programmed to do by identifying patterns and insights. The demand for experts in machine learning is growing, and it is expected to be a six billion pound industry by 2022. Machine learning is used in pattern recognition, data mining and data analytics. According to a LinkedIn study, it was ranked as one of the top emerging careers with more than 2,000 job postings on the site.
Artificial Intelligence (AI)
Artificial Intelligence has received a lot of attention in the past decade, and its interest and applications keep on growing. AI has already changed industries such as self-driven cars and trucks. Statistics show that five out of every six Americans use AI in one form or another through services such as ride-sharing applications, smart home devices, navigation applications and streaming services. Experts warn that AI will lead to the loss of 73 million jobs by 2030. Still, it will also create 23 million jobs related to Artificial Intelligence.
You might have heard of cloud computing, which was a new technology a couple of years back, but this has been replaced by edge computing. Cloud computing has some limitations in consuming large amounts of data, whereas edge computing solves these issues. Edge computing eliminates the latency created by cloud computers and enables data centres to receive information faster. It can be used to process critical time-sensitive data when there is a limited or no connection between a remote centre and the central centre. The edge computing industry is predicted to grow to over five billion pounds by the year 2020.