Yes, AI can turn garbage data into gold. All you need is…well, garbage! Today, AI algorithms are becoming easier to interface with. However, the challenge lies not in the algorithms themselves, but in the inadequate data that makes them underperform.

Interestingly, most businesses lack the data necessary to do anything meaningful with AI. Some do have data, but trust me, they haven’t truly anticipated the possibilities unfolding today. Only a very small handful them consciously saved the data.

Those who have data are having competitive edge. The “wannabes” are attempting with whatever they have. AI literally fails when there’s not enough data. This is unsurprisingly leading to criticism of AI and AI teams.

The saddest part is that when AI fails due to inadequate data, businesses often give up on the entire technology, shutting down future opportunities. They fail to realize that today’s unusable data – the garbage – can ultimately become a gold mine.

If your AI implementation fails, it’s not the fault of your team or the AI itself. It’s a sign that your business isn’t ready for it yet. In today’s world, storage is incredibly cheap. Don’t hesitate – save every bit of data, even the data that appear as garbage today would become GOLD when predictable pattern evolves 😀

www.krkaleraj.com

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