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Because there is a dearth of experts and a lack of deep technical knowledge among many business people, there are still a great many companies that have not yet
by nopinsight 8y ago
Because there is a dearth of experts and a lack of deep technical knowledge among many business people, there are still a great many companies that have not yet started investing in deep learning or AI despite potential profits based on current technology. Non-tech sectors of the economy are probably underinvesting at the moment.
This is analogous to the way electricity took decades to realize productivity gains in the broad economy.
That said, the hype will dial down. I am just not sure the investment will decrease soon.
- sanxiyn 8y agoWhile I agree there is underinvestment in non-tech sectors, I don't see why that would change and they will use deep learning. There are lots of profitable things in non-tech sectors that can be done with linear regression but not done.
- cm2187 8y agoThere are lots of things in the non-tech sector that can be automated with simple vanilla software but isn't. To use AI instead, you need to have 1) sophisticated devs in place, 2) a management that gets the value added, 3) lots of data in a usable format, 4) willingness to invest & experiment. Lots of non-tech businesses are lacking one if not all of these.
- xamuel 8y agoThis. And at the end of the day, deep learning is just a more sophisticated version of linear regression. (To listen to some people talking, you'd think if a machine just curve-fits enough data-points, it'll suddenly wake up and become self-aware or something? The delusion is just unbelievable!)