For those of us who don't work at such scale, can you (maybe with a little fuzziness to avoid telling too much about an internal project) give a few examples of the kind of projects where a fairly simple model can have a 1M+ impact?
For those of us who don't work at such scale, can you (maybe with a little fuzziness to avoid telling too much about an internal project) give a few examples of the kind of projects where a fairly simple model can have a 1M+ impact?
Interesting examples, and yes, they're all the kind of thing that might not justify the effort for an ML model (and might not have enough data to train) for a small website or operation, but can easily justify the cost and effort when you have a huge number of transactions.
On another note, this is why I often like lightening talks. So many people think that what they're doing falls below the threshold for what is an interesting presentation, when in fact it's the most relevant thing a lot of people will see at a conference.
What I refer to for my work is the low hanging fruit. Old problems that businesses solve with manpower or overly unspecific rules. Something where just a little clarity can help them hone their efforts on the 80/20 of it all. I made a slightly more detailed post in an adjacent response