What is No-Code AI? Importance and Benefits
Many people believe that artificial Intelligence (AI) is costly, despite being beneficial. This is because AI technologies are expensive. No-code AI can help to solve this problem for small- and medium-sized companies (SMBs). What is it exactly?
What is No-Code AI?
No code AI is a platform that does not require any coding to create an AI system. It is also known by the “codeless AI” acronym.
Non-expert coders can create an AI system using No-Code AI, which is typically used for business purposes. This self-developed AI system allows users to classify and analyze data in order to create accurate models and predictions.
No-code AI is primarily about democratizing AI and bringing it to the masses.
Why is No-Code AI important for businesses?
Some organizations may not have the resources to benefit from AI, especially when it comes to automating data collection and analysis that can be used for business decision-making.
AI is often used to hire data scientists to create models for the AI system. This will tell the AI system what information it needs to collect and how it should analyze it to produce the desired results. Users need this information to make the right business decisions.
US$141,742 annually is the cost of employing one data scientist in the U.S. The average annual salary for SMBs in the U.S. is US$71,813 The majority of SMBs cannot afford to hire a data scientist and the financial resources necessary to develop an AI system.
Originally Published on The Tech Trend