The concept of Artificial Intelligence and Machine Learning has been around us since the last Century. The term ‘Machine Learning’ was introduced in 1959 by Arthur Samuel, an American professional who instrumental in pioneering AI and computer was gaming. Since then, researchers have been exploring this concept and its realm in different sectors.
Keep reading if you’ve always questioned: ‘What is machine learning?‘ and how to best maximise it.
What is Machine Learning?
Machine learning is the field of science that aims to improve the performance of machines (existing computer algorithms) by providing them with learning in the form of observations and real-life data. It creates a model based on sample data, which is used for predicting and decision-making without generating an explicit program.
ML – a subset of AI – helps realise or enforce Artificial Intelligence by training algorithms for decision-making.
Scope of Career in Machine Learning
AI and ML impact almost every industry while driving emerging technologies such as robotics, the Internet of Things (IoT), Big Data, etc. The global Machine Learning market is expected to generate a business of around $117.19 billion by 2027.
An increase of more than 330% in job openings has been observed worldwide in this field from 2015 to 2018. As per a report by World Economic Forum, by 2025, AI and automation will be actively creating 97 million new jobs hinting at its popularity across the globe.
Some of the roles available to a Machine Learning professional are:
- Machine Learning Engineer
- Business Intelligence (BI) Developer
- Data Scientist
- Natural Language Processing (NLP) Scientist
- Computational Linguist
People with cybersecurity skills who have additional knowledge of ML are also preferred.
The average starting salary of an AI and ML professional is around ₹7 lakhs per annum, which is comparably higher than other job roles at a similar level.
Build Your Career As An AI and ML Professional
Many freshers and even working professionals have questions about how they can become a machine learning expert or the average salary of a machine learning engineer.
If your passion is working with smart machines and you have some basic knowledge of statistics and probability, algorithms, and programming languages (R, Python, C++, etc.), a career in machine learning may be best suited for you.
Though a relevant Bachelor’s degree can serve as a good foundation for building a career in ML, an advanced course or a Master’s in Artificial Intelligence and Machine Learning will improve your job prospects.
Many leading institutes and universities in India offer post-graduate degree and diploma programs in AI and ML in online and offline modes. There are courses specifically designed for experienced professionals who wish to boost their careers by adding AI and ML to their existing skillsets.
NMIMS offers a Master’s Program in Artificial Intelligence and Machine Learning for mid-level professionals that stands out for its unique program design.
The Final Word
There are ample opportunities for a machine learning professional. If you are looking for a career in this field, it is crucial to get a degree or diploma. You must pick a relevant course, preferably a master’s degree, to kick-start your career in Artificial Intelligence and Machine Learning.