AI Tools

Fraction x CNBC: The Surge in Demand for AI Skills

When ChatGPT arrived, companies didn't just change what they built — they changed who they hired.

Praveen Ghanta Praveen Ghanta, CEO, Hire Fraction · April 8, 2023 ·2 min read
AI skillsdeveloper hiringChatGPTAI engineering
Fraction x CNBC: The Surge in Demand for AI Skills
What you’ll learn
  • Why demand for AI engineering skills appeared on the employer side months before it showed up on developer resumes
  • The exact observation Praveen Ghanta shared with CNBC: “We saw it first on the demand side — now we’re seeing AI appear on developer resumes as a skill”
  • How Fraction used speech-to-text plus ChatGPT to help developers craft stronger, more specific resumes — before AI resume tools were a mainstream category
  • What separates a developer who lists “ChatGPT” on a resume from one who can demonstrate applied AI engineering experience
  • Why the gap between AI-skilled and AI-inexperienced developers widened faster in 2023 than anyone predicted — and what that means for hiring in 2026

ChatGPT changed the hiring process faster than anyone expected — not because developers suddenly had new skills, but because companies started demanding them before the skills existed at scale.

Why did demand for AI engineering skills appear before the supply?

In early 2023, companies were already rewriting job descriptions and interview criteria around AI fluency. This wasn’t gradual. The release of ChatGPT in late 2022 changed what product teams thought was possible — and within months, that expectation flowed directly into engineering hiring requirements.

Definition

AI engineering skills: practical competencies for building software that incorporates large language models, including prompt engineering, LLM API integration, retrieval-augmented generation (RAG), fine-tuning, evaluation frameworks, and the ability to ship AI-powered features inside production applications — not just familiarity with consumer AI tools.

Fraction CEO Praveen Ghanta observed this dynamic directly. Speaking to CNBC in April 2023, he described the pattern: companies were asking for AI-capable developers before most developers had formalized those skills on their resumes. The demand side moved first, and the supply side was still catching up.

This created a rare window. Developers who had been quietly experimenting with LLM APIs, building side projects with ChatGPT, or using Copilot in their daily workflow suddenly found that experience was worth more than almost anything else on their resume. The gap between AI-fluent and AI-inexperienced developers opened faster in 2023 than any comparable technology shift in recent memory.

How did AI skills start appearing on developer resumes — and why does it matter?

Ghanta’s observation to CNBC was direct: “We saw it first on the demand side. Now we’re seeing [AI] appear on developer resumes as a skill.”

This sequencing matters. The demand shift was not driven by developers advocating for their own skills. It was driven by companies watching what ChatGPT could do and deciding they wanted engineers who could build with it. Only then did developers start making AI experience visible on their resumes.

For teams thinking about how to boost human productivity with AI, this distinction is relevant: the highest-value AI skills aren’t consumer AI usage. They’re the ability to build internal tools, automate workflows, and integrate LLMs into existing systems — the kind of applied engineering that most developers with consumer AI experience hadn’t done yet.

By mid-2023, “ChatGPT” as a standalone resume line item had already become noise. What stood out was specificity: engineers who could describe what they built, how they integrated it, what the outcome was, and what constraints they worked within. Vague AI familiarity did not move the needle. Demonstrated applied experience did.

How did Fraction use speech-to-text and ChatGPT to help developers write better resumes?

One of the practical innovations Ghanta described in the CNBC feature was Fraction’s own use of AI tools to help developers present their experience more clearly. The approach used speech-to-text combined with ChatGPT to extract and structure what developers had built — without requiring them to sit down and write from scratch.

The process: a developer speaks about their work in natural language — what they built, what problem it solved, what the measurable outcome was. That audio is transcribed, and ChatGPT organizes the output into concise, impact-focused resume language. The result surfaces accomplishments that developers often wouldn’t have thought to include, or that they would have undersold if left to write themselves.

Building an AI-powered product or feature?

Get a structured scope with story-point pricing, sprint estimates, and a downloadable plan in minutes. Fraction works with engineering teams who need senior AI expertise without the overhead of a full-time hire.

Scope Your Project for Free

No call required. Takes a few minutes.

This wasn’t just a productivity hack. It was an early signal of something bigger: AI as a tool for knowledge work augmentation, not just code generation. The developers who used AI to help articulate their own experience were also the developers who understood how to apply it to other knowledge-intensive tasks. That combination — applied skill plus meta-awareness — is what companies were actually trying to hire for.

For teams exploring this kind of applied AI work at scale, scaling production-grade AI with fractional LLM and RAG engineers offers a model that doesn’t require building a full AI team before the use case is proven.

What does the 2023 AI skills surge mean for hiring engineers today?

The 2023 moment Ghanta described to CNBC was a leading indicator, not a peak. The expectations that emerged then have since become baseline. Engineers who had AI skills in 2023 as a differentiator now face a market where those skills are table stakes for many roles — and where the bar for what counts as “AI experience” has moved substantially higher.

What changed: LLM API integration is now expected, not impressive. What differentiates candidates in 2026 is experience with evaluation frameworks, production reliability, RAG architecture, and the ability to scope AI projects accurately — not just ship a proof of concept. Understanding the cost and complexity of AI agent development makes scoping ability especially valuable: an engineer who can translate a business goal into a well-defined agent brief prevents the most common failure mode in AI projects.

For companies building with AI, the implication is practical: the skills gap that Ghanta identified in 2023 has widened, not closed. Access to engineers with verified, production-grade AI experience remains scarce — which is why the fractional model Fraction pioneered continues to offer a structurally better path for many teams than competing on salary in a tight full-time market.

Frequently asked questions

When did companies start requiring AI skills from developers?

The demand shift started on the business side before it appeared on developer resumes. Fraction CEO Praveen Ghanta observed this pattern in early 2023: companies were asking for AI-capable engineers before most developers had formalized those skills. By April 2023, AI engineering ability had become a resume differentiator — something that made a candidate stand out, not just a nice-to-have.

How is ChatGPT changing the developer hiring process?

ChatGPT changed hiring in two directions simultaneously. On the demand side, companies started writing AI and machine learning fluency into job descriptions and screening for it during interviews. On the supply side, developers began using ChatGPT as part of their workflow and listing those skills on their resumes. The hiring process now has to account for AI-native candidates who can demonstrate practical experience with tools like ChatGPT, Copilot, and LLM APIs.

How can developers use AI to write a stronger resume?

Fraction used a combination of speech-to-text and ChatGPT to help developers articulate their experience more clearly. The approach: a developer speaks about their work in natural language, that audio is transcribed, and ChatGPT structures the output into concise, impact-focused resume language. This is faster than writing from scratch and often surfaces accomplishments the developer would not have thought to include.

What counts as an AI engineering skill on a resume in 2026?

Practical AI engineering skills fall into several categories: prompt engineering and LLM API integration (OpenAI, Anthropic, Gemini); retrieval-augmented generation (RAG) and vector database work; fine-tuning or working with open-source models; building AI-powered features inside production applications; and evaluation and monitoring of model outputs. Listing tools without demonstrated application is weak. Specific projects with measurable outcomes — latency improved, accuracy benchmarked, cost per query reduced — carry far more weight.

Sources
  1. CNBC. (2023). “ChatGPT is being used for coding and to write job descriptions.” April 8, 2023. https://www.cnbc.com/2023/04/08/chatgpt-is-being-used-for-coding-and-to-write-job-descriptions.html
Praveen Ghanta
Praveen Ghanta
CEO, Hire Fraction

Praveen Ghanta is a five-time founder and serial entrepreneur. He is the founder of DevHawk.ai, an AI-powered engineering management platform, and Fraction.work, which connects fast-growing companies with top fractional tech and growth marketing talent. Previously, he founded HiddenLevers, a risk analytics platform for wealth management that he bootstrapped from inception to acquisition by Orion Advisor Solutions in 2021, serving thousands of advisors and $600B in assets. He earlier founded SmartWorkGroups, acquired by Intralinks in 2000.

Connect on LinkedIn →
Get started

Get an Instant Project Plan + Cost Estimate

Describe your software or AI project. Get a full scope with story-point pricing, sprint estimates, and a downloadable plan in minutes. No calls, no waiting.

Scope Your Project for Free

Working on a data strategy? Talk to a Fraction CTO. → Book an intro call