There is about to be a 'great pivot' in ML. There has been a rabid frenzy of throwing money at anything that has ML in it. Soon investors and CEOs will realize that ML is effective in narrow ways and that not everything needs ML. They will also realize that 1 ML team + ML as a service (Azure ML, Sagemaker, Google AI platform) is cheaper and works more reliably. The services will keep improving and an underpaid medioc…
I am an experienced ML manager in a large ecommerce company, and I mostly agree with you, and I can’t wait for this to happen - and I think people just entering college or grad school for ML should not fear it. It’s a good thing. Right now, there is so much misunderstanding about what ML is, what resources it needs, and how it works that the corporate environment is very stressful. ML jobs are well paid, but they are…
Can I cry? I feel so understood right now.
I love my job in ML, the subject matter is fun, but there is so such a huge burden of expectations on a team's titular data scientist. It is exciting in a 'mid 90s during the web revolution' sort of wild-west way, but you also have the cynicism of the mature Software field. A good ML engineer is worth their weight in gold.
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I also wrote this in a pseudo-fictional dystopian sense. A 'If I was an ML pessimist' take on the the state of things.
The other comments made to the parent I originally posted, are great counter arguments. (2012-14: Alexnet, 14-16: Deep LSTMs, 16-18: Resnet,M-RCNN,Yolo 18-20: Tranformers, 2020+: Alphafold,GPT3,CLIP, et al.) Deep learning has been improving pretty linearly over the last decade. If I was looking at it in a naively statistical sense, then ML will actually be able to match the rising supply of ML scientists with a rising demand. That's the optimistic take though. In that case it will actually feel like being a programmer in the 90s, in that a couple pivots can propel you to multi millionaire.