▲ ▼ Machine learning is too complex to use
I work in the insurance industry as a software engineer, and I see that our underwriters and business analysts don't have machine learning tools they can readily use to investigate their own hypotheses related to factor analysis in particular.
Machine learning tools that can provide this kind of analysis are too complex for regular business people to use. As a result, they rely on analytics departments or outside agencies to do this analysis for them. Sometimes, they pay large amounts of money for analysis that they could do themselves if they had tools they understood.
I believe that underwriters, business analysts, small business owners and others should be empowered to use machine learning to do factor analysis, identify potential key performance indicators, and evaluate things like surveys to find relationships in their data.