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Saint Louis University's master's program is part of a growing trend of universities worldwide offering specialized programs in artificial intelligence. The number of AI-related degrees awarded in the U.S. has significantly increased since 2011, reflecting the rising demand for AI education. Institutions like MIT, University of Michigan, and City University of London are also expanding their AI course offerings to meet the growing interest in the field.
In India, the interest in AI education is also on the rise, with universities like the Indian Institutes of Technology and Universal AI University offering programs in AI. The global AI market is projected to exceed $305 billion by 2024, indicating the immense growth potential of the industry. Despite the lucrative opportunities in AI, the scarcity of specialized AI education programs is attributed to the industry's high-paying jobs outside academia, posing recruitment challenges for universities.
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