Study says lack of developer talent hamstrings growth of AI

A lack of developer talent could hurt AI's ability to help nations with their digital transformations. (Pixabay)

While artificial intelligence is driving a paradigm shift for how nations prep for digital economies, a lack of AI talent threatens potential growth.

On Tuesday, Huawei released the results of its fifth Global Connectivity Index (GCI), which concluded that AI could almost double the value of the global digital economy to $23 trillion by 2025 compared to $12.9 trillion last year when it accounted for 17% of global gross domestic product.

RELATED: Hardware vendors will reap the rewards of AI's move to the edge


Like this story? Subscribe to FierceTelecom!

The Telecom industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceTelecom as their must-read source for the latest news, analysis and data on the intersection of telecom and media. Sign up today to get telecom news and updates delivered to your inbox and read on the go.

The good news was tempered by the finding that there's a scarcity of AI developer talent worldwide. In order to overcome this threat, the study said that governments needed to rethink AI education for workforces by building a collaborative, open AI ecosystem that would attract and retain AI talent.

In order to deploy AI on a large scale, countries need to have three components in place: computing power, labeled data and algorithms, according to the GCI study.

The report said that AI was a key enabler across verticals such as broadband, data centers, cloud, big data and the internet of things. The latest GCI study was broadened from 50 countries to 79.

Suggested Articles

Liberty Global is putting $4 million, including $1 million from CEO Mike Fries, into an employee fund to combat the effects of COVID-19.

TechSee's technology is helping Vodafone Group's customers stay connected while also reducing truck rolls to their homes.

Vodafone Group recently wrapped up a deployment of VMware's network virtual infrastructure across all of its 21 European business markets.