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Most large cos across the world believe AI is essential for success in the next 5 yrs, shows a survey by digital transformation company UST. However, these companies which clock a min revenue of $500 mn each have one big challenge: Lack of skilled AI workforce

93% Large Companies Say AI Is Essential; Alarming Shortage in Skilled AI Workforce: Report

Most large cos across the world believe AI is essential for success in the next 5 yrs, shows a survey by digital transformation company UST. However, these companies which clock a min revenue of $500 mn each have one big challenge: Lack of skilled AI workforce

93% of large global companies believe artificial intelligence (AI) will be essential for success in the next five years. However, research commissioned by UST, a digital transformation solutions company, reveals that most of these firms lack a skilled AI workforce. Lack of Skilled AI Workforce The survey, which covered 600 senior IT decision-makers in companies with revenue over $500 million each, uncovered a critical issue. 76% of respondents, surveyed across the US, UK, India, and Spain, cited a severe shortage of AI-skilled personnel. As a result, the decision-makers highlighted an urgent need to upskill the workforce and support AI adoption. AI Survey: Key Findings Of the key findings made by the survey, the first is that AI enablement is of paramount importance for large businesses. More than half (54%) of these businesses are using and integrating artificial intelligence throughout their organisations. Nearly one-third (28%) are using it across the business but in an unstructured way, and only 16% have just started to experiment with AI.Additionally, 92% of the respondents said that their company's AI implementation aligns with their strategic goals, but only 8% said they do not face barriers to achieving these goals. Furthermore, 89% indicated that their organisation needs to spend more on AI implementation to keep up with competitors. AI Implementation: The Roadblocks When asked about their AI implementation roadmap, 44% of respondents described the process as challenging. Of these, 40% cited security concerns, while 33% identified a shortage of in-house expertise as the second major issue. Regulatory challenges were also cited as a main problem area by 33% of respondents.Delving deeper into the issue of the skills shortage, the survey found that more than three-quarters (76%) of respondents were facing a severe shortage of AI-skilled personnel within their organisations.Consequently, 89% believe their organisation needs external guidance on implementing AI effectively. As a result, more than half (57%) of these companies plan to engage with external third-party AI expertise in the next three years.

The World AI Creator Awards (WAICA) is hosting the first ever beauty pageant for AI bots, 'Miss AI' which is to be held in May this year.

World’s first AI beauty pageant to crown bot beauties, the whopping prize money will blow your mind 

<h2>The World AI Creator Awards (WAICA) is hosting the first ever beauty pageant for AI bots, 'Miss AI' which is to be held in May this year.</h2>

The world&rsquo;s first AI pageant, 'Miss AI' slated to take place in May is the first instalment of the World AI Creator Awards where contestants will be judged on their beauty, tech, and clout for the chance to earn the Miss AI crown.
<h3>The world&rsquo;s first AI pageant 'Miss AI' winners' prize</h3>
The top three winning Miss AI contestants will be awarded prizes totalling over $20k, including a $5k cash prize to the winner, plus AI mentorship programmes, PR services and more courtesy of WAICA partner, Fanvue.&nbsp;
For the unversed, The World AI Creator Awards (WAICA) is a first-of-its-kind global programme of awards dedicated to recognising the achievements of AI creators around the world.
<h3>The judges for the world&rsquo;s first AI pageant 'Miss AI'</h3>
The judges for the Miss AI contest will be:
1. Aitana Lopez, International AI Creator and +$100k fanvue earner
2. Andrew Bloch, Media founder, Entrepreneur &amp; Lord Sugar&rsquo;s PR advisor
3. Sally-Ann Fawcett, Beauty Pageant Historian &amp; Author
4. Emily Pellegrini, International AI Creator &amp; &nbsp;+$100k fanvue earner
<h3>Who will actually win the cash prize?</h3>
According to New York Post, pageant organisers said, "Each judge will use their wealth of expertise to assess contestants across three core categories. A points-based system will be used to score each creator across the three categories with each entrant given an overall score.&rdquo;
They also mentioned that the creators behind the contesting AI beauties should be 18 years or above. They are the ones who will actually get to go home with the winnings of their mastermind AI queens.
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