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Secret To AI Profitability Is Hiring a Lot More Doctorates

Tuesday December 10, 2024. 11:03 AM , from Slashdot
Secret To AI Profitability Is Hiring a Lot More Doctorates
As tech giants struggle to profit from AI, a growing industry of specialized AI training firms is emerging by hiring doctors, radiologists and other experts to develop commercially viable applications. The $20 billion data services sector, projected to grow 20% annually, is attracting major investment by focusing on high-value, specialized AI applications.

Companies like iMerit and Centaur Labs are recruiting specialists worldwide, from radiologists in Kazakhstan to agricultural experts in Bhutan, paying premium rates for domain expertise rather than basic data processing. While Microsoft and Alphabet post losses on AI development, this specialized sector is finding profitability by bridging the gap between raw AI capabilities and practical business applications.

Read more of this story at Slashdot.
https://tech.slashdot.org/story/24/12/10/103244/secret-to-ai-profitability-is-hiring-a-lot-more-doct...

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