I've worked in lots of big corps as a consultant. Every one raced to harness the power of "big data" ~7 years ago. They couldn't hire or spend money fast enough. And for their investment they (mostly) got nothing. The few that managed to bludgeon their map/reduce clusters in to submission and get actionable insights discovered... they paid more to get those insights than they were worth! I think this same thing is ha…
This understates how awful ML is at many of these companies.
I've seen quite a few companies that rushed to hire teams of people with a PhD in anything that barely made it through a DS/ML boot camp.
To prove that they're super smart ML researchers without fail these hires rush to deploy a 3+ layer MLP to solve a problem that need at most a simple regression. They have no understanding of how this model works, and have zero engineering sense so they don't care if it's a nightmare of complexity to maintain. Then to make sure their work is 'valuable' management tries to get as many teams as possible to make use of the questionable outputs of these models.
The end is a nightmare of tightly coupled models that nobody can debug, trouble shoot or understand. And because the people building them don't really understand how they work the results are always very noisy. So you end up with this mess of expensive to build and run models talking noise to each other.
When I saw this I realized data science was doomed in the next recession, since the only solution to this mess is to just remove it all.
There is some really valuable DS work out there, but it requires real understanding of either modeling or statistics. That work will probably stick around, but these giant farms of boot camp grads churning out keras models will disappear soon.