Even as the demand for talent in hot technology increases, companies are struggling to find qualified candidates. This applies to jobs with artificial intelligence. Private education companies are currently filling the void left by the increasing demand for artificial intelligence engineers. Whether they are Python or machine learning pundits, advances in the digitalization of the global economy have created an almost endless need for AI talent that traditional schools have not yet responded to.
For example, Holberton, based in Silicon Valley, started as a software engineering startup, expanded to nine countries through franchising, and, because of its success, progressed to create what is known as the operating system for education. It's a set of tools that other private programs can use to quickly create self-taught courses or machine learning training programs.
"Traditional schools have been slower to respond to the market and are constrained by teachers who are over-taxed," said Julien Barbier, co-founder of Holberton, which is focused on expanding technical education to meet growing demand.
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More technicians, please
Lack of talent in artificial intelligence is not just an artificial intelligence engineer problem. According to LinkedIn, software developers are the most wanted by 2020, and Microsoft estimates that more than 149 million new technology-oriented jobs will be created over the next five years, with software development playing the biggest role.
There are lots of new jobs (hooray!), With no clear way of getting people to qualify for them (hooray!). Historically, we have been able to turn to traditional schools to provide qualified candidates, but they have fallen behind. According to Computer Science Education Week, an annual call-to-action to inspire K-12 students to study computer science, Computer Science doesn't even expect high school graduation in 35 out of 50 states, even though 58 percent of all newcomers work in STEM in the calculations. Additionally, schools are struggling to find qualified teachers who want to teach instead of making $ 200,000 a year or more as a developer.
Hence, a new school plant grew.
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"Obviously there is a lot of demand and we have talented and well-trained developers," said Sophie Wieger, principal at School 42. She said that all 42 students were hired within two years of starting school. "Anyone can be a part of the future of this technology," he added. "Access to a wider and more diverse range of talent will also be of great benefit to businesses."
The advent of AI has led to an unprecedented drain on the brain of AI teachers from academia to industry. More than 40 computer science professors left high-paying private-sector jobs in 2018, compared with 15 in 2012 and none in 2004, according to the Stanford University Institute for Artificial Intelligence.
The difference in technological talent threatens to slow down the digital transformation of the global economy. More software to write in 10 years than there are people who can write it. Management consultant Korn Ferry predicts a worldwide shortfall of 4.3 million employees in technology, media, and telecommunications by 2030. Gartner predicts in early 2017 that application demand will exceed IT-provided capacity by 2021, as emphasized by Daniel Kroening in the Wall Street Journal.
Students try new possibilities
The pandemic highlights the range of options available and there is an increase in alternative programs as students reassess the traditional college experience. Skills-based training is an increasingly popular survey and recently by an ECMC group of 2,200 adolescents found that half of them are open to alternatives to traditional four-year degrees. Not only does this allow students to progress at their own pace and earn credit from a variety of institutions as they continue their lifelong learning, but short-term project-based programs are often rated higher than a four-year degree by many employers.
Holberton offers franchisees and licensees a menu of tools, based on a collaborative project-based methodology, that introduces students to a number of projects to work on together. The learning materials are selected from open-source literature and videos. Many organizations that use the Holburton education system don't even have teachers and instead rely on mentors to provide advice when students get stuck.
The system relies on expert advisors and alumni to tailor the curriculum to industry needs. Holberton recently expanded his machine learning team to fill the gap in talent that is gaping as the global economy embraces artificial intelligence.
This project team approach is perfect for training students in professional skills. More and more employers are turning down requests for higher education and are looking for student portfolios instead. This can be useful because skills acquired in college can quickly become obsolete. Even the US government is now prioritizing the skills of a candidate over college.
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Michaela Martin, program manager at UNESCO's International Institute for Educational Planning, said half of the students had lost faith in the value of higher education and were worried about developing the skills and knowledge they would need to find employment after graduation.
Apart from organizations such as Holburton, there were many other initiatives that were groundbreaking in computer literacy. For example, Zurich Insurance introduced an internship program to provide education and work experience. Online learning platforms such as Coursera, Udacity, edX, and Udemy are also working to fill this gap by offering a variety of courses including Data Science, ML, and AI. Third-party vendors such as NetCom Learning offer leaders specific training and certifications for technology. Industry.
The call to action created by the pandemic has the potential for a lasting revolution in education. However, the challenges for traditional suppliers are exacerbated by the flexibility of private providers, who can adapt more quickly to changing conditions and offer more specialized, short-term, and flexible options to meet industry needs. All of these can combine to provide new learning opportunities for students and new opportunities for employers to find and train qualified employees.