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by curiousllama
2163 days ago
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One interesting facets of the hype cycle is that it never focuses on what IS being done, because it's boring. Plus, tech improvements like this tend to be pretty operational in nature, so you wouldn't notice it without looking. Nonetheless, "AI" applications are pervasive: Auto - improved robotics, adaptive cruise control
Finance - High Frequency Trading, Credit Risk Modeling (i.e. your Credit Score)
Health Care - Health insurance risk estimation, Predictive staffing
Government - Predictive policing, recidivism risk, benefits decisions
Retail - improved customer targeting, inventory management
etc etc etc - name an industry, I'll give you 3 examples. The issue isn't that it's not there; the issue is that it's BORING. And nobody gives a press release saying "we saved 0.4% of COGS from improved inventory demand forecasts," even if that represents $10M, because nobody cares. But boring doesn't mean it's not a bazillion dollar opportunity for a lot of companies. |
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