The use of Artificial Intelligence (AI) and Machine Learning (ML) in niche applications such as natural language processing (NLP) and computer vision (CV) can be a high-growth area with low competition.
The use of Artificial Intelligence (AI) and Machine Learning (ML) in niche applications such as natural language processing (NLP) and computer vision (CV) can be a high-growth area with low competition.
NLP is the use of AI and ML for understanding and processing human language, and it has a wide range of applications such as sentiment analysis, text generation, and language translation. NLP is becoming increasingly important in industries such as customer service, e-commerce, and social media, among others.
CV is the use of AI and ML for understanding and processing visual data, and it has a wide range of applications such as image recognition, object detection, and facial recognition. CV is becoming increasingly important in industries such as surveillance, healthcare, and autonomous vehicles, among others.
These are just a few examples of the niche applications of AI and ML. As the technology is still evolving and maturing, there are many other potential use cases for it across different industries.
The use of AI and ML in niche applications can be a great opportunity for companies and entrepreneurs who are interested in these areas. There is a lot of room for growth and innovation, and as these technologies are being adopted by more and more industries, the demand for AI and ML solutions in niche applications is likely to grow in the future.