Venture Beat recently conducted the VB Summit 2018, which is an annual event. The main point of discussion was the use of Artificial Intelligence (AI) in transforming respective businesses. A key concern that emerged among all was the extreme difficulty in the talent recruitment of data scientists. At this point the best ones are commanding exorbitant fees, but this is reducing the supply even further. Post recruitment of these data scientists, organizations must attempt to cross-pollinate them and their ideas with other departments. Another theme that emerged was how the entire business model itself ought to transform and not just the data part. That way the machine learning experts will not be siloed, but be part of regular business.

Source:https://venturebeat.com/2018/10/26/ai-weekly-building-ai-first-companies-requires-more-than-hiring-data-scientists/

Uploaded Date:31st October 2018