By now, everyone and their grandparents are talking about machine learning and AI. Unfortunately, lately, many people have been questioning whether all this effort is worth it and some are worried about future job losses. Just yesterday at an event, someone asked me, “The world invested so much money into image recognition just so we could recognize a cat. What’s the point?”
My response was, “Well, a machine recognizing a cat is the first step towards a machine detecting and recognizing a tumor.” If you cut through the hype and use a strategic goal, machine learning can offer real-world value. The increased ease, speed, and functionality it offers create avenues for use cases across the spectrum of industries that rely heavily on data.
