What is the Scope and Demand for Artificial Intelligence in Australia?
Artificial intelligence, in short AI, is the simulation of human intelligence and processing of output through machines like computer systems and its algorithm. It is an advanced development of computer systems that has the capability of performing more than one task or any single designated task with the help of human intelligence.
In the current world, AI is the future and every other industrial sector is advancing centralizing this technological revolution. The professor of emeritus of computer science at the Standford, John McCarthy was the one who termed the name ‘Artificial Intelligence’ first.
He worked for more than five decades on the prospect and possibility of this sector and defined it more thoroughly. He was born and pioneered computer science in the United States of America. But his revolution prevailed and is still preached throughout the whole world.
The demand for the subject topic got warmly welcomed in every nation and people are working day and night to progress the AI sector more.
One of the countries with the most demand is Australia. Australia’s AI sector is projected to grow by 36% within the next three years. More employers and employees and many investors are engaging in this country’s sector. Educational institutions in Australia are concerned about AI development and advancement more than ever.
The demand for AI in the educational sector of Australia
AI courses in Australia are known as challenging and rigorous yet students from both abroad and native areas are willing to seek out these courses. Australian AI education emphasizes and believes in hands-on training at each level of learning. This has made this the subject more demanding in the educational sector. This demand here is likely to increase more over the years within a short period of time.
Moreover, Australia is known as the home of leading AI companies. While you continue your AI courses you’ll be able to do the industry-based projects in the relevant sector with some prominent companies like Aerion, 4Pi Labs, Optus, Microsoft, Quantum Victoria, and Axicor.
Many other factors here have affected this sector to be so demanding for educational scholars like:
- Wide ranges of electives.
- Employment opportunities in AI companies while studying.
- Trending field with a promising career ahead.
- High-tech institutions to help you build your career.
- Quality teachers with enough experience to teach you about AI.
The demand for AI in the career sector of Australia
The demand for AI in the career choice of many Australians is outstanding. Due to the fact that it has great possibilities and prospects in the near future and even now, many people are gathering and looking for their ways into the AI sector.
In the current modern workplace, the digital disruption that is already present has ensured a consistent demand for AI among the professionals of agriculture, medical and healthcare, transportation, military, and especially in the manufacturing industry.
These industries always look for ways to reduce the workforce within the organization body. That’s why the option of AI has become the best choice for repetitive and continuous stressful work which could be done by AI faster with reduced cost and nearly zero error in task doing. Ultimately made more prospects for people who are looking to be in a career in AI.
Scholars and graduates have a wide range of availabilities of work:
- Artificial intelligence architect
- Software engineer
- Machine learning engineer
- Data scientist
- Robotics engineer
- Business intelligence developer
The salary range in Australia is also a lot more attractive than in other countries. You will be able to get a salary of $80,000 to $110,000 or even more if you are an AI specialist. They are equivalent to software engineers here.
AI industry of Australia
Australia is one of the first and right now one of the leading countries in adopting AI. The industrial section of AI in Australia is so enriched that you don’t have to look thoroughly here. The industries are going here thick and fast with the help of AI skills. The growing opportunities in the sector are huge and investors are looking forward to making an impact with the help of this scooter in the industry.
Already back in 2019, it was able to gain the attention of the policymakers due to the high demand. Based on that, the Australian government released an Artificial intelligence Roadmap. This was outlined with the key ways that AI can be leveraged in the industrial sector.
Plenty of jobs
The government of Australia doing everything in their hand to overcome the challenges in overcoming to find high-end AI talent. They have implemented all the sectors with plenty of AI-related jobs with high payments. The estimation is within the next ten years Australia will require more than 161,000 new employees to carry out the AI progression.
This competitive salary has resulted in more demand among everyone. The pay scale of current Australian government has recorded an average salary for employees with AI skills of $109,000 yearly. The more senior role you get the better would be the scale, near $200,000. For example, A director of analytics has a salary of an average of $188,000 and a Senior Research and Development Engineer may have $180,000.
Transferrable skills made AI more demanding
Learning AI does not limit your other learning. Instead of isolating it would open the world for programming, software skill development, cybersecurity knowledge, and cloud computing.
The fact that the AI career is transferrable to many more options has made it more demanding.
So there is plenty of opportunities even if you fail to build a career out of AI. With high-level skills established in IT areas and other areas, you have a wide-open path for career building.
Every possibility has made AI more attractive to the workers and scholars of Australia. There are more than one ways to build skills in AI. The most interesting fact about AI is that you do not need any institutional appreciation to build a career out of it.
With your own research and enough knowledge in the sector, easily you can make your way through the AI industry in Australia. Isn’t it more fascinating? More of a reason why it’s so popular and demanding in Australia. Day by day gradually they are becoming more demanding and showing huge prospects for everyone.