AI Investment Outpaces Fintech as the Next Big Thing
While fintech companies received the largest stake of investments in recent years, data shows that their share has decreased while investment in artificial intelligence (AI) has gained momentum. According to Stanford University’s Institute for Human-Centered AI, global corporate investment in AI has reached a total of almost $276.14 billion in 2021, up 88% from the previous year. Despite warnings from AI experts like Dr Geoffrey Hinton, investment in AI is showing no signs of slowing down.
Top Players in AI Investment
OpenAI, the company behind the creation of the groundbreaking chatbot ChatGPT, has accumulated $11 billion since its launch and dominated media headlines. Meanwhile, Anthropic, founded by former OpenAI employees, has been developing more human-like and safer AI and has raised $1 billion in three funding rounds, with $300 million coming from Google. Scale AI, a data annotation platform that provides high-quality data to train AI models, has raised a total of $602.6 million since its inception, with its latest round amassing $117 million to fund 15 AI-specific projects.
Job Opportunities in AI
As investment in AI continues to grow, job opportunities in this field are on the rise. While concerns about robots replacing human workers exist, there is a growing demand for individuals proficient in AI and machine learning. Companies pioneering the latest advances in AI are looking for talents to join their team, like:
CTO for Data Privacy Startup, Captain Compliance, Fort Lauderdale
Captain Compliance is looking for a full stack developer and software engineering team lead to join its team as a CTO, responsible for managing a team of developers and overseeing software development projects. The successful candidate should collaborate with cross-functional teams to design, develop, and implement new features and functionality for its data privacy and compliance software.
Clinical Operations Contractor, Kintsugi, Remote
Kintsugi is a mental healthcare company that scales access for all through voice biomarker software, named one of Forbes’ Top 50 AI companies to watch in 2022 and Fierce 15 in 2023. The Clinical Operations Contractor will work on supporting remote clinical studies while ensuring efficient research operations.
Chief Scientist, Afiniti, Washington
Afiniti is a leading provider of AI used to improve the customer experience. It is seeking a Chief Scientist who is passionate about AI and mathematics, with a track record of launching outstanding AI products. The role requires leading and inspiring a team of expert scientists while building the next generation of contact center technology.
Editorial and Advice
As AI investment grows, it is important to consider the ethical implications of this technology. While AI can offer many benefits to businesses and individuals, it can also be used unethically or harmfully. It is important for companies and individuals to prioritize transparency, accountability, and human values when developing and utilizing AI and machine learning. Furthermore, equal access and opportunity in the AI field should be encouraged and supported.
For job seekers interested in AI, gaining technical knowledge and hands-on experience in AI and machine learning are crucial. Continuous learning and staying updated with the latest technologies and trends in the field can help individuals stand out in a competitive job market, as well as increase the potential for career advancement.
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