Distortion metrics[0] such as MS-SSIM, MS-SSIM*, SIMM, MSE, and PSNR can be used to define a cut-off or threshold for deciding the point at which the image is "compressed enough" by using one or more of those algorithms and predefining the amount of acceptable/tolerable distortion or quality loss. Each of those algorithms has some trade-offs in terms of accuracy and processing time, but it can definitely work for a large set if you find the right settings for your use-case. It is certainly more productive than manually settings the Q-level per image.
Some SaaS such as https://kraken.io do this on JPG images.
