Science fiction novels often describe AI models as a human brain in a box. That is both (a) creepy and (b) incorrect. An AI model, like any model, is a representation of reality. Testing models refine the aerodynamics of new vehicles. Financial models simplify revenue predictions into a single Excel sheet. Climate models simulate weather patterns to predict storms and track global warming trends. AI models represent and simplify human intelligence.
Input data to an algorithmic model that’s been trained to identify patterns or make decisions, and you will receive intelligent results. In this article, we'll get into the how, where, and why, but it's first essential to understand that not all AI models are equal.
The global AI market is expected to grow to “over 1.8 trillion U.S. dollars by 2030.” Within this growing field is webAI, a local AI platform that allows users to create their own custom models to deliver real-time processing and specialized decisioning. Let's discuss what an AI model is and discover the next wave of AI solutions for real-world problems.
AI models are input-to-output machines. They take input data and deliver an output decision, accomplished in these three simplified steps.
We’ll give an example to illustrate this process in a real-world setting. A national retailer wants to test multiple hypothetical scenarios with varying store sizes, locations, and market conditions.
The various types of artificial intelligence models are ideal for different tasks. Let’s briefly expand on the main types of AI models.
These models can use sensitive and complex data to deliver actionable results, though results will vary. webAI's local platform is specially designed to help companies build specialized models for efficient, private, and secure performance.
Enterprise leaders aren’t always experts in deep neural networks or natural language processing, but these AI adopters are looking to make innovative investments in their future. Companies adopt AI technology to:
Notably, AI models support data-driven industry decision-making by analyzing vast amounts of data to reveal hidden patterns and correlations. The real-time analysis of this data leads to responsive decisioning, which is especially vital in fast-paced sectors like finance and healthcare. Further, the deep benefits of automating repetitive, data-intensive tasks include freeing up teams to focus on higher-value work and reducing operational inefficiencies, leading to cost savings.
AI models offer wide applications across industries. AI-driven chatbots lead to better customer experience in retail and shorter diagnosis times in healthcare. Deep learning models can be applied to mammography interpretation in prevention treatment settings. Generative AI improves productivity and the hiring process in state governments. AI models even played a role in the development of the COVID-19 vaccine.
Creating any AI or machine learning model requires following precise steps. For example, a logistic regression-based model will quickly and accurately solve your classification-based problems. It can't do this if it's built on dirty data or without proper testing.
Data Collection
You must use clean, relevant data to train your AI or ML models. We recommend using as many relevant documents and data points as possible to enhance the expert model you're building.
Training and Testing
The learning and testing phases for an AI or machine learning model are vital. AI models work through an iterative process of running data through the algorithm, analyzing the outcomes, and refining the output. With webAI, all it takes to train your own model is a folder containing a single document on your device. webAI supports a variety of file formats, including Word documents, PDFs, and .txt files, giving you flexibility in your data sources.
Local Deployment with webAI
Deploying AI models logically eliminates the need for cloud infrastructure and maintains data security. webAI’s solutions are fully customizable and integrate easily with your existing systems and products. You get an intuitive set-up process and maximum control.
As industries continue to find new and transformative applications for AI, we’ll see large-scale adoption and shifts within the field.
Decentralization as the Next Big Shift
webAI’s approach represents a shift away from centralized cloud AI. Transferring large data sets to a centralized system puts sensitive data at risk and causes a delay between the data input and decisioning. Our edge AI models run on existing infrastructure and allow for local, fast decision processing to eliminate the need for continuous data transfer to a core processing system.
AI Models Across Industries
We envision a future where businesses and individuals can create, deploy, and own their own models with ease—locally, to safeguard their data and optimize efficiency. It’s a future not where a few tech giants monopolistically control the only viable models but one where millions and millions of small, specialized models work together to solve the world’s greatest challenges.
webAI is dedicated to local, on-device AI and disrupting traditional integration. Your data doesn’t belong on a remote server. It belongs in your hands, on your hardware, delivering real-time results without the middleman.
AI integration is changing the fields of healthcare, aviation, finance, and more. Learn more about our processes, discover the emerging AI trends, and get the latest news.
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