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Ann: LVT secures $10million debt facility for strategic growth, page-106

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  1. 918 Posts.
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    I got out of Appen a while back. They have over a million casual, remote employees around the world feeding the data (on data) into the system. Is that kind of labour intensive business model viable long term in an AI business? The argument was that as the software grew smarter (with more and more data being fed into it) the need for labour would be reduced, but if you look at the past 5 years as revenue has climbed, margins have droped singifcantly. It might turn around yet. Hell, it probably has a better chance than this tired, old pony.
    Last edited by FutureFlyer: 05/10/21
 
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