Tuesday, April 25, 2017

The Democratization of Machine Learning: What It Means for Tech Innovation - Kartik Hosanagar and Apoorv Saxena, Wharton

Now we are on the cusp of a new grand leap thanks to the democratization of machine learning, a form of artificial intelligence that enables computers to learn without being explicitly programmed. As recently as 2015, only large companies like Google, Amazon and Apple had access to the massive data and computing resources needed to train and launch sophisticated AI algorithms. Small startups and individuals simply didn’t have access and were effectively blocked out of the market. That changes now. The democratization of ML gives individuals and startups a chance to get their ideas off the ground and prove their concepts before raising the funds needed to scale. There is an effort underway to standardize and improve access across all layers of the machine learning stack. http://knowledge.wharton.upenn.edu/article/democratization-ai-means-tech-innovation/

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