Fiverr Business Trends Index Reveals 1,000% Spike in Demand for AI Expertise Amid Skills Shortage

The latest Business Trends Index from Fiverr, now in its seventh iteration, highlights a staggering 1,000% increase in the demand for AI expertise, emphasizing the essential role artificial intelligence plays in contemporary society. This demand is driven by a widening skills gap that both challenges businesses in the tech sector and makes it difficult to secure and hold on to top-tier talent.

Significant growth has been observed in certain sectors within Fiverr's platform, with 'Accounting and Finance' services experiencing an 835% increase over the previous six months. This illustrates the mounting need for AI and machine learning technologies that can optimize operations and enhance financial processes for businesses.

Bukki Adedapo, Fiverr's UK Country Manager, shared her thoughts on the findings, saying, The services that are trending on the Fiverr platform are indicative of society’s rapidly increasing awareness and adoption of AI on a wider scale, following the launch of a number of generative AI tools to varied success.

In addition to the financial sector, creative industries are also embracing AI, with AI art witnessing a whopping 6,223% spike in searches throughout the UK over the past half-year. This suggests that companies are progressively employing AI technologies to produce groundbreaking products in the creative realm.

Interestingly, despite the economic challenges brought about by the global pandemic, many UK businesses continue to back themselves to prosper. Data from Fiverr indicates a significant increase in Business Naming services (+51%) and appmaster.io/blog/web-app-development>Website Development (+92%) over the six-month period, indicating a positive outlook for UK businesses despite the economic downturn.

The latest Business Trends Index also reflects the resilience of businesses and freelancers as they adapt to the pandemic's challenges. The surge in AI services demand underlines the vital benefits these technologies provide, such as automating routine tasks and improving decision-making processes.

Alexia Pedersen, VP of EMEA at O'Reilly, commented on the findings, stating that the demand for digital skills is outpacing their availability as job opportunities rise. Pedersen emphasizes the importance of highly skilled workforces and prioritizing learning and development to close the skills gap. From an organizational standpoint, appmaster.io/blog/full-guide-on-no-code-low-code-app-development-for-2022>no-code and low-code platforms such as AppMaster can mitigate the impacts of skill shortages by enabling businesses to develop applications swiftly and cost-effectively.

Indeed, companies that are quick to adopt AI and other emerging technologies, such as those available on the AppMaster platform, are poised for success in the future as the world continues to advance and evolve.