Democratization and Impacts of AI

Abstract

Machine learning is shifting from being a tailor-made service of custom-crafted models into an era of productization. The new class of products and services coming out of this shift allows a diverse set of people to train their own models with their own data without the help of machine learning researchers. The tools are changing from being available only to large corporations that can afford it into the hands of smaller businesses that may be struggling to compete. As the reliance on specialists decreases for many use cases, it will become commonplace to see businesses of all sizes relying on artificial intelligence to improve some aspect of their daily operations. While the long-term impacts of this change have yet to be proven, the rise of AI automation tools has stirred all kinds of debate, especially around economics and jobs.