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BrandPost: China and the need for AI expertise

Artificial Intelligence (AI) is the new force driving industrial transformation. It is changing economic activities from distribution, to trading and consumption and reshaping many industries, such as healthcare, finance and public safety. According to CCW Research, China’s leading IT market research and consulting company, the growth rate of the Artificial Intelligence market in 2017 was significant. They estimate the annual market size for AI in China is currently close to 21 billion USD, and it is expected to reach 150 billion USD in 2020.

The rapid development of Artificial Intelligence has also driven an increase in the global demand for AI professionals. In fact, the need for AI talent is not confined to the IT industry; many other industries are also recruiting AI engineers. According to the English edition of the People’s Daily, Zhou Ming, the deputy director of the Education and Testing Center of the Ministry of Industry and Information Technology, said that the AI talent gap in China exceeds 5 million. In order to bridge the talent gap the Ministry of Education in April 2018 launched the “Artificial Innovation Action Plan for Higher Education Institutions”. This plan proposes to accelerate development of AI talent training in colleges and universities, and strengthen the relationship between universities and enterprises for technological innovation.

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