{"id":763308,"date":"2020-06-01T16:45:00","date_gmt":"2020-06-01T20:45:00","guid":{"rendered":"https:\/\/www.prime-wow.com\/?p=763308"},"modified":"2020-06-01T16:45:00","modified_gmt":"2020-06-01T20:45:00","slug":"ai-isnt-magical-and-wont-help-you-reopen-your-business","status":"publish","type":"post","link":"https:\/\/www.prime-wow.com\/?p=763308","title":{"rendered":"AI Isn't Magical and Won't Help You Reopen Your Business"},"content":{"rendered":"

The coronavirus is helping to erode the hype around artificial intelligence; data scientists get the axe and some ‘old-fashioned’ solutions work better. From a report: When SharpestMinds, a startup that sells mentoring services to data scientists, surveyed its alumni in April and again in May, it found that 6% of respondents had been affected by furloughs, pay cuts or layoffs. That’s a drop on the ocean compared to the enormous layoffs in, say, the restaurant business, but it’s notable because these jobs are generally thought to be business-critical roles requiring high-demand specialized skill sets. Uber recently shut down its AI research lab, and Airbnb’s layoffs included at least 29 full-time data scientists, according to its directory of those let go. <\/p>\n

The pain for data scientists will likely increase as companies rethink how they spend, predicts SharpestMinds founder Edouard Harris. Hiring for such roles has slowed significantly, down by 50% since before the pandemic, he adds. On the other hand, that means there’s still demand, though it’s diminished. What’s happening is not so much a reckoning as a “rationalization” of the application of AI in businesses, says Rajeev Sharma, head of enterprise AI at Pactera Edge, a technology-consulting firm. “[Companies] feel this is a time they can get rid of extra hires or lower performers who are not a good cultural fit,” he adds.<\/p>\n

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Read more of this story<\/a> at Slashdot.<\/p>\n

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\nSource: Slashdot – AI Isn’t Magical and Won’t Help You Reopen Your Business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The coronavirus is helping to erode the hype around artificial intelligence; data scientists get the axe and some ‘old-fashioned’ solutions work better. From a report: When SharpestMinds, a startup that sells mentoring services to data scientists, surveyed its alumni in … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":763309,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[101,110],"tags":[100],"class_list":["post-763308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-slashdot","category-unfiltered-rss","tag-slashdot"],"_links":{"self":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/763308","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=763308"}],"version-history":[{"count":0,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/posts\/763308\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=\/wp\/v2\/media\/763309"}],"wp:attachment":[{"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=763308"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=763308"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.prime-wow.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=763308"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}