According to Wave Computing, a Silicon Valley-based startup company, it would hire Filipino Data Scientists as well as software engineers. This is aimed at making the Philippines an international hub for AI (Artificial Intelligence).
CEO of Wave Computing Derek Meyer said that AI is a “job creator, not a job replacer.” Which is the exact opposite of what the most people believe.
Furthermore, Meyer thinks that this will be an amazing opportunity to create jobs in the Philippines. Wave Computing will initially hire 20 personnel for its office in the Philippines.
According to Meyer, 12,000 to 20,000 data scientists are needed to run 2 billion computers and 20 billion programs worldwide. Also, machine learning opportunities are present in different industries which include retail, manufacturing and many more.
Wave Computing is collaborating with Universities to further enhance their AI programs and to be able to produce more highly skilled graduates.
The IT and Business Process Outsourcing Association of the Philippines said that an estimated 43,000 low-skilled workers could lose their jobs, from 2016 to 2022. However, there will be job openings for 697,000 middle to high-skilled jobs at the same time.