VentureBeat July 31, 2021
Most AI vendors develop solutions that target broad use cases with large markets. This is because investors have shown they are only interested in a target market if it is worth several billion dollars. Therefore smaller markets have been excluded, and AI solution ideas designed for niche markets often die out and the companies behind them come to a standstill before they have the chance to see the light of day.
Another side effect of the limited capital to build niche models is that AI vendors tend to build one model and market it to a large set of disparate users. For example, a company selling a vehicle detection system would normally build a single model to detect all types...
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