AI is the biggest scam of all tech pitches. Get some data, make a neural network, slap a single-page app on front of it, and BOOM - disrupt [insert sector that employees N-thousands of people]. "Once we scale, we won't have employees - and you'll own a percentage of the black box that disrupts the whole industry."
The parts of any business that can actually be automated by "AI" (aka machine learning, aka automated statistical analysis) are not the pieces of the business that justify its existence and value to customers. Self-driving cars are the most obvious debacle, but it's the same story everywhere - enormous capital to get the data and engineers to automate, but even the "good" AI still gets it wrong much of the time, necessitating endless edge-cases, human intervention, and eventually it's a giant ball of poorly-understand and impossible to maintain pipelines that don't even provide a better result than a few humans with a spreadsheet. Imminent implosion to the AI sector is incoming, sell now before the hype completely wears off.
Yet AI _within_ large companies is producing enormous benefits. If your AI startup is helping customers implement AI on their own data, you may have something. A one page web site on top of your own startup data? Yeah that sounds risky.
Do you have any examples of "enormous", tangible benefits from machine learning own data? I can see some benefits on the margins, but I have not found any evidence of disruptive productivity enhancements.
The parts of any business that can actually be automated by "AI" (aka machine learning, aka automated statistical analysis) are not the pieces of the business that justify its existence and value to customers. Self-driving cars are the most obvious debacle, but it's the same story everywhere - enormous capital to get the data and engineers to automate, but even the "good" AI still gets it wrong much of the time, necessitating endless edge-cases, human intervention, and eventually it's a giant ball of poorly-understand and impossible to maintain pipelines that don't even provide a better result than a few humans with a spreadsheet. Imminent implosion to the AI sector is incoming, sell now before the hype completely wears off.