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It's important to note that despite the recent excitement about LLMs, which is still an emerging technology, "AI" is not a new market by any means, nor are majo
by calebkaiser 3y ago
It's important to note that despite the recent excitement about LLMs, which is still an emerging technology, "AI" is not a new market by any means, nor are major companies only now investing in it. For the better part of a decade, ML has been widely adopted across industries, and the average person uses an "AI" system many times in a given day.
For example, if you open the home screen on the average smartphone right now, you'll see apps like:
- Delivery apps like Uber, Lyft, etc., whose recommendations, ETA predictions, driver matching, and more are built on ML.
- Media apps like YouTube, Netflix, etc., all of whom rely on models for recommendations.
- Email apps like Gmail, whose filtering (both spam and categorization) and text completion are based on ML.
- Photo apps like Instagram, Snapchat, and even your phone's basic Camera app, all of which use computer vision.
If you Google anything, you're perusing the output of a model. If you're being recommended something on basically any platform, you're interacting with ML. If you ever use speech-to-text, you're using a neural network. Your bank uses ML for fraud detection, your posts on social media are moderated by ML-based content moderation, and if you have a car with any recent-ish sort of lane departure assistance, you're driving with help from a neural network.
Most of these companies have large, mature ML teams, whose outputs represent massive amounts of revenue. Hence, they represent a legitimate market for selling picks and shovels.
- lsmeducation 3y ago[flagged]
- version_five 3y agoThat's the framing we've been using for years, look at some big tech ML or data science that we reframed as AI, your manufacturer/transportation/retail/whatever company needs it too, but there are no products for end uses in your industry, just lots of tooling and consulting services you can buy for bespoke projects.