education – AI News https://news.deepgeniusai.com Artificial Intelligence News Wed, 12 Aug 2020 13:46:28 +0000 en-GB hourly 1 https://deepgeniusai.com/news.deepgeniusai.com/wp-content/uploads/sites/9/2020/09/ai-icon-60x60.png education – AI News https://news.deepgeniusai.com 32 32 Microsoft: The UK must increase its AI skills, or risk falling behind https://news.deepgeniusai.com/2020/08/12/microsoft-uk-ai-skills-risk-falling-behind/ https://news.deepgeniusai.com/2020/08/12/microsoft-uk-ai-skills-risk-falling-behind/#comments Wed, 12 Aug 2020 13:46:27 +0000 https://news.deepgeniusai.com/?p=9809 A report from Microsoft warns that the UK faces an AI skills gap which may harm its global competitiveness. The research, titled AI Skills in the UK, shines a spotlight on some concerning issues. For its UK report, Microsoft used data from a global AI skills study featuring more than 12,000 people in 20 countries... Read more »

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A report from Microsoft warns that the UK faces an AI skills gap which may harm its global competitiveness.

The research, titled AI Skills in the UK, shines a spotlight on some concerning issues.

For its UK report, Microsoft used data from a global AI skills study featuring more than 12,000 people in 20 countries to see how the UK is doing in comparison to the rest of the world.

Most notably, compared to the rest of the world, the UK is seeing a higher failure rate for AI projects. 29 percent of AI ventures launched by UK businesses have generated no commercial value compared to the 19 percent average elsewhere in the world.

35 percent of British business leaders foresee an AI skills gap within two years, while 28 percent believe there already is one (above the global average of 24%).

However, it seems UK businesses aren’t helping to prepare employees with the skills they need. Just 17 percent of British employees have been part of AI reskilling efforts (compared to the global figure of 38 percent.)

Agata Nowakowska, AVP EMEA at Skillsoft, said:

“UK employers will have to address the growing digital skills gap within the workforce to ensure their business is able to fully leverage every digital transformation investment that’s made. With technologies like AI and cloud becoming as commonplace as word processing or email in the workplace, firms will need to ensure employees can use such tools and aren’t apprehensive about using them.

Organisations will need to think holistically about managing reskilling, upskilling and job transitioning. As the war for talent intensifies, employee development and talent pooling will become increasingly vital to building a modern workforce that’s adaptable and flexible. Addressing and easing workplace role transitions will require new training models and approaches that include on-the-job training and opportunities that support and signpost workers to opportunities to upgrade their skills.” 

Currently, a mere 32 percent of British employees feel their workplace is doing enough to prepare them for an AI-enabled future (compared to the global average of 42%)

“The most successful organisations will be the ones that transform both technically and culturally, equipping their people with the skills and knowledge to become the best competitive asset they have,” comments Simon Lambert, Chief Learning Officer for Microsoft UK.

“Human ingenuity is what will make the difference – AI technology alone will not be enough.”

AI brain drain

It’s well-documented that the UK suffers from a “brain drain” problem. The country’s renowned universities – like Oxford and Cambridge – produce globally desirable AI talent, but they’re often swooped up by Silicon Valley giants who are willing to pay much higher salaries than many British firms.

In one example, a senior professor from Imperial College London couldn’t understand why one of her students was not turning up to any classes. Most people wouldn’t pay £9,250 per year in tuition fees and not turn up. The professor called her student to find out why he’d completed three years but wasn’t turning up for his final year. She found that he was offered a six-figure salary at Apple. 

This problem also applies to teachers who are needed to pass their knowledge onto the future generations. Many are lured away from academia to work on groundbreaking projects with almost endless resources, less administrative duties, and be paid handsomely for it too.

Some companies, Microsoft included, have taken measures to address the brain drain problem. After all, a lack of AI talent harms the entire industry.

Dr Chris Bishop, Director of Microsoft’s Research Lab in Cambridge, said:

“One thing we’ve seen over the past few years is: because there are so many opportunities for people with skills in machine learning, particularly in industry, we’ve seen a lot of outflux of top academic talent to industry.

This concerns us because it’s those top academic professors and researchers who are responsible not just for doing research, but also for nurturing the next generation of talent in this field.”

Since 2018, Microsoft has funded a program for training the next generation of data scientists and machine-learning engineers called the Microsoft Research-Cambridge University Machine Learning Initiative.

Microsoft partners with universities to ensure it doesn’t steal talent, allows employees to continue roles in teaching, funds some related PhD scholarships, sends researchers to co-supervise students in universities, and offers paid internships to work alongside teams at Microsoft on projects.

You can find the full AI Skills in the UK report here.

(Photo by William Warby on Unsplash)

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Brain Drain: Universities are losing their best AI scientists https://news.deepgeniusai.com/2017/11/01/universities-losing-best-ai-scientists/ https://news.deepgeniusai.com/2017/11/01/universities-losing-best-ai-scientists/#respond Wed, 01 Nov 2017 16:31:06 +0000 https://d3c9z94rlb3c1a.cloudfront.net/?p=2652 As if the AI skill shortage wasn’t bad enough, universities are losing teachers and students to companies offering unmatchable benefits. Last week, our sister publication Developer reported AI skills are in such high demand that companies are willing to offer six figure salaries. Universities are unable to match these benefits and it’s creating a brain... Read more »

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As if the AI skill shortage wasn’t bad enough, universities are losing teachers and students to companies offering unmatchable benefits.

Last week, our sister publication Developer reported AI skills are in such high demand that companies are willing to offer six figure salaries. Universities are unable to match these benefits and it’s creating a brain drain preventing the current lack of AI talent problem from being addressed.

The Guardian reports of a case from Imperial College London where a senior professor couldn’t understand why one of her students was not turning up to any classes. Most people wouldn’t pay £9,250 per year in tuition fees only to not turn up.

Eventually, the professor called her student to find out why he’d completed three years but wasn’t turning up for his final year. She found he was offered a six-figure salary at Apple.

Cases of private companies stealing academia talent is being reported up-and-down the country. With the AI skill shortage being a global issue, there’s a good chance this brain drain situation is not exclusive to the UK.

Plugging the AI brain drain

One potential solution is one backed by many citizens and employed with success in some Nordic countries, and that’s of introducing a pay cap. Those who put in the hours to learn advanced skills deserve to be paid more, but the difference between workers can often be grotesque.

In fact, according to an analysis published by the Equality Trust, the average FTSE chief executive earns 386 times more than a worker on the national living wage.

Capping salaries would also help to make the market more competitive by helping startups who are unable to match the buying power of the likes of Google, Amazon, Facebook, and Apple. These companies represent some of the handful of firms where talent is being disproportionately concentrated.

Tackling the tax avoidance of many large companies must also be a priority to ensure governments have the money to reinvest in education.

Of course, too much regulation can be counterproductive. Talent may flock to countries where there is no pay cap, and companies may decide to set up their businesses and the jobs they provide in other nations with less strict tax policies.

Some teachers are admirably turning down job offers from big companies despite the large salaries, greater resources, often less administrative duties, the ability to work alongside some of the best in the business, and on potentially groundbreaking projects. They do this just to ensure future generations can learn important skills.

These people are frankly heroes — there are not many of us who could turn down such attractive propositions. We salute you.

How should the brain drain in AI be tackled?

 

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LinkedIn is teaching all its engineers AI skills https://news.deepgeniusai.com/2017/10/25/linkedin-engineers-ai-skills/ https://news.deepgeniusai.com/2017/10/25/linkedin-engineers-ai-skills/#respond Wed, 25 Oct 2017 12:50:38 +0000 https://d3c9z94rlb3c1a.cloudfront.net/?p=2619 Rather than pay its employees six-figure salaries, LinkedIn is teaching all its engineers valuable AI skills. Earlier today, our sister publication Developer reported on the AI skill shortage driving employers to offer six-figure salaries to candidates. Most companies do not like, or can afford, to offer their employees such a high salary. LinkedIn is in... Read more »

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Rather than pay its employees six-figure salaries, LinkedIn is teaching all its engineers valuable AI skills.

Earlier today, our sister publication Developer reported on the AI skill shortage driving employers to offer six-figure salaries to candidates. Most companies do not like, or can afford, to offer their employees such a high salary.

LinkedIn is in a better situation financially than a startup wanting to delve into AI, especially since the Microsoft acquisition, but it’s taking a different approach to ensuring it doesn’t suffer from a lack of relevant skills.

The company has launched an AI academy which aims to train all of its engineers in the basics of AI. This will ensure its staff can deploy intelligent models in its products wherever it could be of benefit.

“The demand for AI across the company has increased enormously,” Deepak Agarwal, the head of artificial intelligence at LinkedIn, said during an onstage interview at VB Summit 2017 today. “Everyone wants to have AI as a component of their product.” So how do we scale the workforce is a big thing that keeps me up at night.”

Being a social network, there are plenty of opportunities where AI can be used. Just like Facebook, AI can be used from things such as improving contact recommendations, to reducing the amount of spam posted on the site.

“AI is like oxygen at LinkedIn, it permeates every single member experience,” Agarwal said. “And just to give you an idea of the scale, we process more than 2PB of data both nearline and offline every single day.”

So far, six engineers have made it through the academy. Rather than teach how AI works to pursue it as a career, it’s being taught in the context of how to utilise it for the company’s operations.

Should more companies train employees in AI? Let us know your thoughts in the comments.

 

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