By 2040, spend on AI-related labour is forecast to grow significantly. To keep a competitive edge with intelligent automation, organisations need to attract and develop AI and automation talent.
According to the UK government, by 2040, organisations will be spending £300 billion on AI—most of which will be spent on talent. That means the landscape of AI talent could look very different in 20 years’ time.
With AI and automation touching almost every part of industry and life, it’s important that organisations think about how they attract and grow AI and automation talent.
Our CTO Ben Taylor and one of our intelligent automation engineers Lucie Hunt recently discussed key trends organisations need to know to get their AI talent strategies right.
Data and software skills will remain in high demand
Right now, to be successful with intelligent automation, organisations need to attract mathematicians, computer scientists and systems engineers. By 2040, data scientists will still be in high demand.
Over the last two decades, the advancement of computerisation has changed the day-to-day of how organisations do business.
Organisations need to continually attract people with the right kind of skills and experience, while also encouraging skill acquisition among their current employees.
People with analytical and logical thinking skills are helping organisations take advantage of no-code automation tools
People with critical thinking expertise will come to the fore because they can do things that, up until now, only data scientists have been able to do.Ben Taylor, CTO of Rainbird
Not all today’s AI and automation tools available to organisations require data science or software engineering expertise. No-code intelligent automation platforms (like Rainbird) are empowering subject matter experts to automate their expertise to increase efficiency, improve customer outcomes and generate new revenues.
According to the Economist, market intelligence firm IDC expects the number of no-code and low-code platform users to grow by 40 per cent every year until 2025.
To benefit from the rise of no-code platforms, organisations need to attract and encourage people who are analytical and logical in their thinking. Doing so would help encourage bottom-up innovation in any organisation.
Remote working is changing how organisations attract talent
Organisations need to think about how the increasing normalisation of remote working will affect their hiring efforts for AI talent. Indeed, Harvard Business School professor Prithwiraj Choudhury was recently quoted in Bloomberg saying that, within 10 years, “remote working” will just be called “work”.
With the concurrent rise of inflation, competition in the job market has been growing. Organisations should make sure they continue to invest in appealing to top talent.