Is Data Science a Dying Field? (2024)

  • Last updated January 7, 2024
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'Data science is a field where only 50% of the potential has been realised' -Does this hold true?

  • Published on December 7, 2022
  • by Lokesh Choudhary

Is Data Science a Dying Field? (1)

Is Data Science a Dying Field? (2)

Is Data Science a Dying Field? (3)

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Given that data science has been dubbed “the most promising” career by LinkedIn and the “greatest job in America” by Glassdoor, many in the industry find it difficult to comprehend how something as lucrative-sounding as data science can ever be considered dead. By definition, “Data science is the field of study that combines domain expertise, programming skills, and knowledge of mathematics and statistics to extract meaningful insights from data.”

So, until and unless we find a way to not use data itself, data science as a field is not going to be obsolete anytime soon. However, many believe that since a data scientist’s daily tasks are quantitative or statistical in nature, they can be automated, and there will not be a need for a data scientist in the future.

Domain expertise matters

The notion came from the fact that some tasks of data scientists like data cleansing, data visualisation and model building can be partially automated by autoML models. However, while the tools might be able to do the task efficiently, many do not focus on the part of “domain expertise” in the definition of data scientist.

Domain expertise refers to the extensive knowledge in a particular field which data scientists apply to their data science skills. So, even if a large part of the data pipeline and workflow is being automated, you still need a data scientist to translate the business problem, which is being solved into the correct format.

Furthermore, it is not easy to identify which data science model to apply based on the industry. Particularly when the industries differ so widely; a recommendation algorithm for the health industry would not be helpful for a video streaming platform.

Tina, a former data scientist at Meta, believes that the very unappreciated portion of a data scientists’ job is to apply correct context to a model. Talking about her experience at Meta, where she worked on Instagram’s integrity, she said, “There was a machine learning module which screened for content integrity and subsequently demonetised them if they broke the rules. My job, apart from getting the data from the model, was to determine what is even considered as breaking the rule.”

According to Tina, “The issue is that ML models can’t detect ‘unknown unknowns’, and if you can’t even measure something, how can you determine if it’s even breaking the rule? There is always a balance between free speech and integrity.”

As Dr Vaibhav Kumar, senior director for data science at the Association of Data Scientists (ADaSci), rightly iterates, “Data science is a field where only 50% of the potential has been realised.”

“The field, in my opinion, still needs a lot of work and is far from being over. Machine learning may be used in various tasks of the workflow, but data scientists are still required to determine what to do next. What do these results of the model mean? How do you determine if the model is even doing a good job? What’s the metric,” he asked AIM.

“There will always be a need for human assistance in the field of data science, which machine learning alone cannot provide,” said Dr Vaibhav.

So, is it dying?

The fear had surfaced a few years ago in the accounting sector when it was claimed that AI may replace accountants’ and auditors’ jobs. However, even if an AI programme can pretty much do everything an accountant can, you still need the expertise of the accountant for tax exemptions, credits, etc.

In a similar vein, a data scientist may rely on the autoML models to collect, visualise, and clean data so they may concentrate more on business needs. Additionally, the demand for data scientists will only increase in the future as data science is still in its infancy in many conventional areas such as finance, healthcare, defence, and governance.

The funny part is that for AutoML data exploration to even occur, it needs data first, which is something that is gathered by a data scientist itself.

Lokesh Choudhary

Tech-savvy storyteller with a knack for uncovering AI's hidden gems and dodging its potential pitfalls. 'Navigating the world of tech', one story at a time.You can reach me at: lokesh.choudhary@analyticsindiamag.com.

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Is Data Science a Dying Field? (2024)

FAQs

Is Data Science a Dying Field? ›

Long story short, we still need data scientists. Though, the role will probably change in the next future. It will focus more on the algorithms and the data science process, rather than on programming. At that, low code tools will make the implementation of the whole process even more approachable and faster.

Does data science have a future? ›

‍The data science and its impact on big data in the future is becoming increasingly significant with the proliferation of devices and the surging internet usage. By 2025, it is projected that there will be 180 zettabytes of data globally, highlighting the expanding scope in data science.

Are data science jobs declining? ›

As the pandemic subsided during 2022 & 2023, this saw a dramatic shift in the data science market: a hiring spree became a laying-off spree. Big tech companies cut down their job postings by 90%. It was a tough market for both the entry-level data scientist and the experienced scientist.

Is data science dying in 2024? ›

In 2024, data science will evolve with increased automation, advanced AI integration, industry-specific applications, a focus on data privacy, and a growing demand for data-driven decision-making. Professionals will need to upskill, and emerging technologies will play a role in shaping the field.

Will AI replace data science? ›

While AI can automate certain tasks within data science, such as data preprocessing and basic analysis, it is unlikely to fully replace Data Scientists. The creativity, domain expertise, and critical thinking that Data Scientists bring to complex problem-solving are aspects that AI cannot replicate currently.

Will data science exist in 10 years? ›

This vast amount of data calls for a significant number of Data Scientists to manage, interpret and analyze it. In conclusion, the application of Data Science is expected to grow significantly over the next 10 years as more organizations recognize its importance in today's digital world.

Is data science dead in 10 years? ›

Long story short, we still need data scientists. Though, the role will probably change in the next future. It will focus more on the algorithms and the data science process, rather than on programming. At that, low code tools will make the implementation of the whole process even more approachable and faster.

Is data science a dead-end job? ›

As long as a data scientist is able to solve problems with the help of data and bridge the gap between technical and business skills, the role will continue to persist.

Is data science dying or evolving? ›

Embracing Technological Advancements

With the emergence of artificial intelligence, machine learning, and quantum computing, data science has ample room to evolve and incorporate these advancements answering your query regarding will data scientists still be in demand in 10 years.

Is data science fading? ›

The short answer is no. A lot of the hype around data science has in recent years drifted to peripheral job titles like data engineer, machine learning engineer, and BI (business intelligence) analyst.

Will ChatGPT replace data scientists? ›

1. Can ChatGPT completely replace Data Scientists? No, ChatGPT cannot fully replace Data Scientists and while it can perform certain routine tasks like data cleaning and generating insights, it lacks the expertise, experience, and creative thinking that human Data Scientists can bring to their jobs.

What will replace data science? ›

With human and AI collaboration, data science teams of the near future will derive even deeper insights from increasingly complex data. So while it will transform aspects of the job, AI augments rather than replaces the essential human role of the data scientist.

Which jobs can't AI replace? ›

119 Jobs That AI Won't Replace
  • Health care and well-being.
  • Creative and artistic fields.
  • Skilled trades and construction.
  • Academia, education, and training.
  • Service and personal care.
  • Business management and legal fields.
  • Sports, fitness, and recreation.
  • Environment, agriculture, and conservation.
Jan 16, 2024

Is data science a good career for the future? ›

Yes, data science is considered a good career choice for freshers. This field offers immense career opportunities, and with the increasing demand, there are various new internships and job opportunities in the market.

Is data science a future-proof career? ›

As data scientists along with other computational and data research jobs have an expected growth of 21% between 2021 and 2031, the demand will continue to be there in the near future. Hence, there will be lots of opportunities if you pick this career path.

Will data science be in demand in next 5 years? ›

The demand for skilled professionals in this field will likely remain and intensify over the next five years. As we navigate the data-driven landscape, staying informed, adapting to emerging trends, and continuously honing our skills will be essential to surviving and thriving in Data Science.

Is data science still in demand in 2025? ›

Data science technology growth

The increasing demand largely fuels this growth for data to drive decision-making across industries, along with other latest trends in data science. By 2025, there will be 181 zettabytes of data, which is way above what an average consumer can imagine (Source ).

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