India's Race for AI Talent: Is this all just exaggerated excitement?

As India strives to enhance its workforce's AI skills, a noticeable talent shortage has arisen. Various sectors like banking and healthcare are actively recruiting AI experts. These experts are not only expected to solve complex AI challenges but also to develop training workshops for less skilled employees. The demand is high, with companies offering up to 40% salary increases to attract AI specialists with significant experience. Industries like IT, banking, and healthcare are aggressively seeking AI talent, offering salaries higher than those for middle management roles in financial services.

1. Rising Demand: There's a growing demand for AI specialists across various sectors in India, not limited to IT companies.
2. High Salaries: AI professionals are being offered attractive salaries, sometimes exceeding those in traditional roles.
3. Skill Gap: Despite the high demand, there is a significant skill gap, with few professionals meeting the required expertise.
4. Investment in AI: Companies are heavily investing in AI technology to stay competitive and innovative.
5. Hype vs. Reality: While AI promises transformative potential, there are concerns about whether the current excitement and investment are sustainable or just hype.

I got motivated writing this based on an article on MSN.