How to Estimate and Lower the Costs of Machine Learning Products

A simple Matrix to determine the Costs of Your Next Machine Learning Product on Your Roadmap. The deeply (ai) confused product manager. Illustrations by the author. Motivation AI and machine learning products are on the roadmap of almost any company today, and the trends are rising. But few companies actually have ever implemented more than a dozen successful products. According to a recent study, 65% of companies with investments in AI have not seen any business returns on them. In the same study, high costs are reported as a major hurdle. So let’s see how we can go about lowering the costs […]

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