Notably, 72% of AI employees are actively bringing their own AI solutions to work, rather than relying solely on company-provided resources to enhance productivity. In comparison, the global average for AI workers using artificial intelligence (BYOAI) is 78%.
“72% of Indian AI users apply their own AI tools”
“While leaders feel pressure to translate individual productivity gains into organizational impact, employees are not waiting to reap the benefits: 72% of Indian AI users apply their own AI (BYOAI) tools,” it said.
The study highlights the key role of knowledge workers in using artificial intelligence for critical thinking and analytical tasks, effectively influencing organizational decisions. However, this rapid enhance in the apply of AI has increased the demand for specialized training and expertise, intensifying competition for AI specialists across sectors.
To attract and retain top talent, companies are offering lucrative incentives, including significant salary increases of up to 40% for AI specialists with 5-6 years of experience. Sectors such as information technology (IT), pharmaceuticals, banking and telecommunications are at the forefront of the talent hunt, reflecting the widespread adoption of artificial intelligence across industries.
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Moreover, AI proficiency has become a top priority in India Inc.’s hiring strategy, with 75% of employers emphasizing the importance of AI skills for novel employees, exceeding the global average of 66%.
Interestingly, the study found that AI skills are clearly being favored over experience, with 80% of leaders in India preferring less experienced candidates with AI skills over experienced candidates without such skills.
“The workload in the times of covid has not decreased to the level we are at now. In fact, it is growing… (companies) want to ensure that productivity levels enhance,” Irina Ghose, Managing Director, Microsoft said that India and South Asia Mint.
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According to Ghose, the surge in AI apply was driven by the realization that the workload was not decreasing, prompting companies to invest heavily in AI. “This has probably led to an enhance in AI adoption in India,” Ghose said, explaining why Indian companies outperformed their global peers.
The report also highlighted the gap between companies’ willingness and clarity on how they can apply AI for their own benefit. “91% of leaders in India also believe that their companies need to implement AI to remain competitive, and 54% are concerned that their organization lacks a plan and vision for implementation,” the study said.
Interestingly, the drivers of AI adoption are not solely multinational corporations. An increasing number of promoter-led companies, including diminutive and medium-sized enterprises, are also leveraging AI. These companies are “very curious and engaged” and are already seeing “concrete differences” by using AI-based tools, Ghose added.
“Resource scarcity is a fact. The need to demonstrate ROI (return on investment) in a shorter time is real. The reality of harnessing the power of AI for people, processes and improving customer experiences is concrete.”
The findings in the global Microsoft and LinkedIn report are based on a survey of 31,000 people in 31 countries. The report also leverages analysis of job and employment trends observed on LinkedIn, Microsoft 365 productivity signals, and research with Fortune 500 clients.
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“Demand for AI expertise has seen a remarkable 17% enhance compared to last year, reflecting LinkedIn insights and Work Trend Index findings. We have seen professionals in India overvaluing learning indexing while adding AI skills to their professional toolkit.” Ruchee Anand, director of talent and learning solutions at LinkedIn, said.
Posted: May 16, 2024, 6:16 pm EST
