This AI skill is in 'crazy demand,' says IBM exec: It pays over Rs 20 LPA in India

In a world buzzing with curiosity about Artificial Intelligence (AI), there's various questions dominating conversations: How will AI shape our future, and are we equipped to thrive in it? With the fear of being left behind looming large, the hunt for the essential AI skill is on. Now, an IBM executive has a revelation: the AI skill that's most in demand.

Most in-demand AI skill

Almost all bosses — 96% — are feeling the pressure to bring AI into their business routines, as per a CNBC report.

However, as per a recent survey by Slack Workforce Lab in March 2024, over two-thirds of office workers admit they have never worked with AI.?

Lydia Logan, IBM's VP of global education and workforce development, warns that those who skip learning AI could miss out on career advancements.?

Lydia Logan, IBM's VP of global education and workforce development

According to Logan, the 'in-demand' AI skill everyone's after is prompt engineering, a field she urges everyone to explore, even without a bachelor's degree.

Why there's a high demand for prompt engineering

If you have used ChatGPT, one of the most popular AI tools today, you have likely noticed that the more precise your prompts, the better the responses.

This is why BOLD prompt engineering is in such high demand - it involves creating effective prompts for natural language processing (NLP) models like GPT (Generative Pre-trained Transformer).

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Simply put, a prompt engineer crafts the right questions or instructions for an AI chatbot like ChatGPT or a large language model (LLM) to get valuable information for an employer or clients. And you might not even need a bachelor's degree for this role.

Logan explains that new job types like prompt engineers and AI product managers prioritise technical and soft skills over traditional degrees.?

"I cannot stress this enough: Prompt engineering is a gateway skill that you can use almost anywhere," says Logan. "It's a skill that can open the door to so many opportunities."

Prompt Engineering

How much does a Prompt Engineer earn in India??

Listings on LinkedIn and job-search site Indeed show that companies are willing to pay between $100,000 (over Rs 93 lakhs, approximately) to over $200,000 (approximately Rs 166 lakhs) annually for a "prompt engineer."?

In India, a prompt engineer with 2-5 years of experience can earn between Rs 6 lakhs to Rs 12 lakhs per year.?

For senior prompt engineers with more than 5 years of experience, the annual salary can exceed Rs 12 lakhs and may reach Rs 20 lakhs or more.

Read more on prompt engineering here:?Prompt Engineering Is The New Career That Pays Huge: This Is How You Can Add It To Your Resume

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