Where's the value in AI?
Chirag Jain
CEO @ Textify Analytics | Ex-Hyundai Motors | Ex-NetMarbles | Seoul National University | K-Startup Grand Challenge 22 | GKS 2014
In the year 1956, a group of highly accomplished academicans joined together for a workshop at Darthmouth. The outcome of the workshop was the birth of AI as a field of study (previously, there were various names for the field of "thinking machines" such as cybernetics, automata theory, and complex information processing.)
Since then, the field of AI has grown incredibly (despite two AI winters) and is continuing to show more promise each day.
In this article, I explore the AI value chain and how different players build value for the larger AI ecosystem.
These are companies that prepare dataset for training AI models. The datasets are either manually created (crowdsourced) or created through synthetic means (using other AI models). Famous companies in this domain include Appen and Gretel .
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Deeplearning models run on a special kind of accelerated computing framework called GPUs. These special hardwares are different from the commonly used CPUs as they have multiple cores and allow users to make several calculations at the same time. Famous companies in this domain include 英伟达 and AMD .
Now once the AI hardware is ready, computer scientists sit down and build AI models using neural network frameworks (using layers of neurons that are trained over multiple iterations to achieve real world applications). Famous companies in this domain include? OpenAI and Weights & Biases .
Finally, we come to the layer that most people are familiar with. Once the hardware is built and the appropriate models are also available, it is now upto individual entrepreneurs to build useful AI applications out of them. Famous companies in this domain include Wordtune and Grammarly .
Lastly, as more and more AI solution enter the market each day, there is a growing demand for a platform solution to organize demand and to help users make the most of the transformation. Textify Analytics is one of the companies building an AI platform to help users explore various AI use cases with its AI membership.
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