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by Arqu 2483 days ago
I've had the wonderful opportunity to work on several projects where AI/ML was not just used as a buzzword and marketing gimmick.

The two types of applications I've seen so far generate real value (and thus have monetary value where you can actually earn) are: - Automate existing processes to either reduce the amount of work needed to be done (feature extraction from images or audio, document parsing) or to introduce a higher level of resolution/response time. For example forecasts for the next day every day or live detection of audio/visual events.

- Generating models to extract signals from massive or complex data. Usually once you're done here you can revert to traditional methods based on the newfound insights. Rarely is there "magic" solutions to optimize away your problems. In general it proves more to be a tool in the box to do analytics than it is a solution.

Either of those create new value and you can put a price on it. There's decent opportunity once you understand what are appropriate use cases.