Online Training Platform Udacity Helps to Forge a Tech-Driven Workforce for the Modern Era

By Avi Ben Ezra Tuesday, September 1, 2020

Technological advancements and software developments have helped major businesses keep a strong track record as being the leaders of the global market. Udacity, an online training platform, has been working to equip students with the necessary skills to create a workforce ready to fill future jobs.

Udacity has recently announced that it will be offering 1,000 scholarships to members of the black community, enabling them to narrow the gap in the market and create a more diverse workforce for the jobs of the future. Artificial intelligence (AI), machine learning, data analysis, cybersecurity, and many more have quickly become some of the most popular and high ranked job offerings in the world. With current economic trends, these jobs will only become more relevant soon.

Navigating the Jobs of the Future

Although many may think that the future still lies far beyond our reach, the latest data and analysis on AI and machine learning have proved to be more relevant in the current economic and socio-political spheres.

Gartner has revealed that around 37% of businesses and organizations have implemented some form of AI and machine learning over the last year. Additionally, around 80% of emerging technologies will have an AI foundation, showing just how digital and forward-thinking many corporations already are.

More so, although future employers have yet to absorb AI talent, the demand for these positions has doubled in the last two years alone. Cybersecurity and financial service companies are looking to garner most of the available AI talent, with around two roles available for every AI professional in the current job market.

Creating Tech-Driven Students

The online learning platform has been at the forefront of reshaping how future job listings will look like. With a variety of courses in data science, programming, AI, autonomous systems, cloud computing, and business, learners can equip themselves with the information and skills that will take the world into a new generation of emerging technology and software.

Their recent news on offering 1,000 free scholarships to learners from America’s black community shows their true dedication to building an inclusive and diverse workforce in the future. The United Negro College Fund (UNCF), one of the largest organizations for the support of minority groups and education in the US, awards more than 10,000 scholarships and internships annually to students from low- and moderate-income families.

The support and advancement minority students and technology-based job offerings have received shows how rapidly the world’s perspective on modernization is coming into play.

What’s driving the boom for AI-based jobs?

Emerging Markets

Many countries are looking for ways to improve public support systems, whether it be transportation, health, and wellness, or improved living conditions. Some of the leading markets in AI are China, India, the USA, Japan, and the UK. These nations may be ahead of the curb, but other developing nations are also quickly catching on, with many countries in Africa, South America, and Asia looking to modernize emerging technology.

Capital Investment

A handful of organizations and big tech companies have shared that more than $4.5 billion in the coming years will be invested in automated customer service agents. Additionally, some companies have predicted that the global average spending on machine-driven technology and software will surpass $7 billion in 2022. A total of $2.7 billion will be spent on threat detection systems and cybersecurity in the coming two years.

Rapid Expansion

AI and software development have more than just one aspect, as the industry has an untapped offering of information and potential. AI-based jobs are growing and evolving each year, with new departments and different jobs being created as the industry expands across the globe. Currently, software engineers, data scientists, AI researchers, and intelligence specialists are among the most sought-after jobs in the industry, with product managers being the lowest.

Thinking Forward

The scholarships that Udacity will be offering show the platform’s dedication to creating the workforce of the future and making it more accessible. Udacity is looking to shape future generations by creating forward-thinking leaders that will help build and advance the evolving world of AI.

Udacity has already partnered with major companies such as AT&T, Google, Facebook, Mercedes-Benz, and NVIDIA to help power the future development of technology and software engineering.

The exciting news from Udacity has placed the spotlight on the importance of investment and support for the growing AI industry and that of minority communities.

About the Author

Avi Ben Ezra

Avi Ben Ezra is the Chief Technology Officer (CTO) and Cofounder of SnatchBot and SnatchApp (Snatch Group Limited). He leads the Group’s long-term technology vision and is responsible for running all facets of the tech business which includes being the architect of the platforms and UI interfaces.

Related Articles