The Dangers of Biased Data in AI and Techniques for Avoiding It...
Leonard G.
Analyst Relations Specialist and Writer focusing on Artificial Intelligence and Large Language Model Technologies, experienced in Customer Acquisition, Public Relations, and Sales Enablement.
The hype is thankfully gone from AI, and the cold reality is setting in. Does that mean your company shouldn’t use an AI/ML solution? No, of course it should. But you must get realistic about the most essential part of your AI: the historical data you’ve collected and the data points you’ll continue or begin for your data. Equally important is the quality of that data.
85% of AI projects ultimately fail, Per Gartner
AI projects have failed because of data bias, costing businesses and organizations hundreds of thousands, if not millions of dollars. This doesn’t have to be the case if you plan your data as well as prepare for the results you wish to get out of your AI.
There are three main types of data bias in AI projects:
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So, how can data bias be avoided? Let’s look at the data players…
Overall, as you plan out your AI project, ensure that your data is clean, unbiased and will serve your needs now and in the future. If this means you need outside help, factor that into your investing. A slightly higher cost is a better ROI than an AI project that fails.
Are you starting an AI project for your business or organization? Reach out to me and ask how my company can help.
Enterprise Account Executive at Acrolinx | SaaS & Digital Media Sales Strategist | Driving Revenue Growth with AI-Powered Content Optimization
2 个月Leonard G. thanks for sharing