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Thoughts on how the economic situation will affect machine learning and data science in industry more generally?
by bagrow 6y ago
Thoughts on how the economic situation will affect machine learning and data science in industry more generally?
- tinyhouse 6y agoUber gave us a glimpse last week. I think they shut down a lot of the Uber AI projects and probably laid off many of their ML people.
- gk1 6y agoIf AI/ML was just part of R&D then it's likely to get downsized or cut as companies refocus on their core products. If AI/ML is or is meant to be powering the core products or services, eg at banks, retailers, and manufacturers, then those teams are actually more important than ever. Because ML usually reduces labor and overhead, so the faster they can get it into production the faster they'll lower their operating expenses. The challenge for dotscience was that there are so many players in this space that it's hard to stand out and win deals. See: https://zdnet3.cbsistatic.com/hub/i/r/2019/07/17/b17497a0-844e-42b7-9dde-9020902c0b46/resize/1200xauto/bb71fe6d39deaa6ae7f0d06ce64cc841/big-data-landscape-2019-v7.png https://zdnet3.cbsistatic.com/hub/i/r/2019/07/17/b17497a0-84... (These landscape charts are always made to look complicated on purpose, but the point is clear.)