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State of AI in Analytics | Will AI be the End of Data Analysts?

2023-05-15 Education
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Alex The Analyst
Alex The Analyst
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Description

A lot of Data Analysts are worried right now about the future of Analytics due to AI. To be honest, it's pretty understandable. In this video I'm going to talk about everything concerning AI as it pertains to Analytics. The good, the bad, and where I think it will be in 5+ years. I understand this is a sensitive topic and not everyone is going to agree with my viewpoint, but hopefully this will open up a discussion around these things where we can dive into it more as a community. ____________________________________________ SUBSCRIBE! Do you want to become a Data Analyst? That's what this channel is all about! My goal is to help you learn everything you need in order to start your career or even switch your career into Data Analytics. Be sure to subscribe to not miss out on any content! ____________________________________________ RESOURCES: Coursera Courses: 📖Google Data Analyst Certification: https://coursera.pxf.io/5bBd62 📖Data Analysis with Python - https://coursera.pxf.io/BXY3Wy 📖IBM Data Analysis Specialization - https://coursera.pxf.io/AoYOdR 📖Tableau Data Visualization - https://coursera.pxf.io/MXYqaN Udemy Courses: 📖Python for Data Science - https://bit.ly/3Z4A5K6 📖Statistics for Data Science - https://bit.ly/37jqDbq 📖SQL for Data Analysts (SSMS) - https://bit.ly/3fkqEij 📖Tableau A-Z - http://bit.ly/385lYvN *Please note I may earn a small commission for any purchase through these links - Thanks for supporting the channel!* ____________________________________________ BECOME A MEMBER - Want to support the channel? Consider becoming a member! I do Monthly Livestreams and you get some awesome Emoji's to use in chat and comments! https://www.youtube.com/channel/UC7cs8q-gJRlGwj4A8OmCmXg/join ____________________________________________ Websites: 💻Website: AlexTheAnalyst.com 💾GitHub: https://github.com/AlexTheAnalyst 📱Instagram: @Alex_The_Analyst ____________________________________________ 0:00 Intro 6:18 Negatives of AI for Data Analysts 16:20 Positives of AI for Data Analysts 27:42 Predictions of AI in Analytics in the Future 56:48 What to do if you're starting out 1:02:00 Vegetable of the Week 1:03:45 Random Jibberish *All opinions or statements in this video are my own and do not reflect the opinion of the company I work for or have ever worked for*

Top Comments (10)

@nonsorich 2023-05-15

Great analysis Alex! I completely agree with everything you said. I really don't see how these AIs would replace the role of a data analyst. These AIs cannot perform at its optimal level without the guidance of a data analyst. I don't see a world where someone with no knowledge of analytics would analyse a complex data using these AIs. In my opinion, these AIs are here to make the job of a data analyst faster, easier and more proficient. It is unthinkable how fast an analyst can write complex codes with the help of ChatGPT unlike before when they would try to get help from platforms like Stack Overflow etc.

72 1 replies
@pluderr3947 2023-05-15

Hey Alex! Great insights. I personally believe that companies who solely rely on AI to do their analytics for them and base their business decision making on that, will not go far. Earlier you said that companies will hire people to verify AI’s responses, which I personally think would just be data analysts. I think AI is just another tool to help analysts make better business decisions. It can help debug your code and even give you code to automate things which would make you, the analyst, more proficient at your job because you have more time now to clean your data and visually represent it.

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@stephengabriel7216 2023-05-15

Jalapeños! I spent 33 years in IT, starting as a COBOL programmer on mainframe systems. After Covid, I decided I want to start in data analytics. The biggest problem is whenever a new technology comes out, management goes nuts trying to use the new tech for everything. Managers want to show they have used the new tech to their bosses, even if the final product is clumsy and inefficient. I'm remembering XML in the early 2000's. A great tool when used as intended. I saw data being stored in XML format on database systems and blowing storage space out of the water, only because somebody wanted to get a bigger bonus showing they used the new tech. The hardest obstacle I see is for entry-level analysts is hiring managers believing AI can do their job, forgetting every mid-level and senior analyst had to start somewhere.

20
@yosramelki4684 2023-05-15

Jalapeños! I use chatgpt to solve errors in coding, got rid of writing emails on my own... , so it's positive for me and I'm taking it easy because it's already too much happening in one year like neither to sleep on it nor to get anxious about it. I'm really excited to use your platform soon. Never been more excited than hearing Alex The Analyst releasing the program of our dreams. I'll read every Newsletter and every lesson will be given. Congratulations!

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@Rizwanaaaay 2023-05-15

Alex you're doing an amazing job. Appreciate it man 🙌

8
@MrJawnzMan 2023-05-15

Jalapeño 🔥🔥🔥 Thank you for all the work you put into your videos and helping your entire community.

3
@poojab.k7588 2023-05-15

Jalapeños Thank you for your thoughts on AI Alex, I do feel relieved after being in a state on confusion for a while about having a career in Data analytics this video helped me get some perspective.

3
@tarawayne1 2023-05-20

Jalapeños! I literally start my learning journey with career foundry on Monday in data analytics. Thank you for taking the time to share your knowledge, thoughts and your journey with all of us.

1
@SkylerCook-s5i 2023-05-17

I discovered your videos today. I am just getting started in data analysis and all of your videos are incredibly informative and helpful. Jalapeño

0
@ahnafshabik2115 2023-05-21

Jalapeno, a big big big Thanks from bottom of my hearts for sharing your knowledge and thoughts. I think we all need the positivity along with the knowledge and skills that you have.

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