Proof of concept (PoC)
A small trial to check whether an AI idea works before spending big.
For example
Testing an invoice-reading AI on 100 real invoices before rolling it out.
Related terms
- Attention economy A world where apps compete to hold people’s attention.
- Domain expert A person who knows a job or subject deeply, from real experience.
- Foundation model A large, general model that many products are built on.
- Return on investment (ROI) What you gain compared with what you spend.
- Software as a service (SaaS) Software you rent online by subscription instead of installing.
- Sovereign AI A country building its own AI models, chips and data centres.