The AutoML features of Qlik SaaS are not available on-prem. There are some clustering K-means functions built in and you can connect to other external ML technologies that you can bring yourself.
Pros of AI are to enable predictive and prescriptive analytics. The cons are explainability and correctly interpreting the results. It's very easy to create a model that appears to be accurate but contains flaws and biases that ultimately or poorly performing.
The base Qlik Analytics SaaS license includes 2 production AutoML models which essentially only lets you test out the functionality.
