In this article, I’m going to walk you through 4 ways you can earn money with machine learning without doing any work. Have you heard of machine learning contests? They are a good way to practice your skills, besides that the challenge is already identified and the data is collected.
Earn Money with Your Machine Learning Skills
When so many people are working on the same competitions, you may have multiple benchmarks to compare after the competition is over and some competitions offer money as a reward that you can earn money with your skills in machine learning.
Many professionals have tried to participate in these competitions just for the fun of it, but at the end of the day, they have earned a lot from their machine learning skills.
You can not only earn with machine learning through these competitions, but you can also get a good job as many companies are watching these competitions to find the best expert for their business.
4 Competitions To Earn Money with Machine Learning
To help you enter these contests to earn money with your machine learning skills, I have given a list of these machine learning contests showing how many cash prizes they are offering and what they expect from you in the contest:
Google QUEST Q&A Labeling
This contest is hosted by Google and Kaggle. They keep hosting new competitions and you just need to keep an eye on the new series of competitions. They offer $ 25000 as a pool price which is distributed among the winners.
In this competition, you have to use a new data set to create predictive algorithms for different subjective aspects of answering questions. The question-and-answer pairs were put together from almost 70 different websites, in the “right way”.
Our reviewers received minimal guidance and training and relied heavily on their subjective interpretation of the prompts. As such, each prompt has been designed most intuitively so that reviewers can simply use common sense to complete the task.
By reducing our reliance on complicated and opaque scoring guidelines, we hope to increase the reuse value of this dataset. What you see is what you get!
Demonstrating that these subjective labels can be reliably predicted may shed new light on this area of research. The results of this competition will inform how future intelligent question-and-answer systems will be constructed, hopefully helping to become more human. You can explore this competition here.
The TopCoder is the host of this competition. They are offering $ 5,950 in cash. The objective of this challenge is to generate the highest precision possible predictions for financial variables. You can read more about this contest from here.
Deepfake Detection Challenge
Kaggle is the host of this competition. They offer $1,000,000 as a pool price. Some very huge corporates like Amazon, Facebook, Google and Youtube are sponsoring here to find new techniques from the participants for the task of Deepfake detection. You can explore more about this competition from here.
Open Cities AI Challenge
The Driven Data is the host of this competition. They offer $ 12000 as cash prizes. The challenge here is to develop some machine learning models with higher accuracy to support the mapping of risk disaster management in the African cities. You can explore more about this competition from here.
To earn with machine learning you need to keep an eye on these competitions. I hope you liked this article on how you can earn money with your machine learning skills from competitions. Feel free to ask your valuable questions in the comments section below.