As I’m trying to figure out how and where we might use Machine Learning (ML) in our software businesses, I thought I’d review all the uses I can find beyond the more general cognitive services (like speech to text, image recognition, keyword extraction, etc) that I’ve already talked about and that – by themselves – are incredibly valuable and offer a near-immediate payoff.
I was a little shocked at the diversity of ways ML is being used. According to TechCrunch there has already been over $10 billion in Venture Capital to 1500 AI/ML startups in 70 countries, which is predicted to rise to more than four times that in 2017!
Since I was compiling this list, I thought I’d share it with you, but it’s just a sampling. Even so there are more than 40 applications described here, in addition to the Cognitive Services as stand alone ML tools.