• Home
  • Science
  • Technology
  • Futurism
  • Weather Extreme

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Apple invents an Apple Watch & Band system with mating NFC modules that will instantly match band colors with the Watch UI, Open Apps+

March 28, 2023

Proba-3 complete: Formation-flying satellites fully integrated

March 28, 2023

RADAR to Launch New Technology in American Eagle Stores

March 28, 2023
Facebook Twitter Instagram
Facebook Twitter Instagram YouTube
Futurist JournalFuturist Journal
Demo
  • Home
  • Science
  • Technology
  • Futurism
  • Weather Extreme
Futurist JournalFuturist Journal
Home » Preparation is key to AI success in 2022
Futurism

Preparation is key to AI success in 2022

NewsBy NewsDecember 31, 2021Updated:January 1, 2022No Comments5 Mins Read0 Views
Facebook Twitter Pinterest LinkedIn Telegram Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more


Artificial intelligence is unlike previous technology innovations in one crucial way: it’s not simply another platform to be deployed, but a fundamental shift in the way data is used. As such, it requires a substantial rethinking as to the way the enterprise collects, processes, and ultimately deploys data to achieve business and operational objectives.

So while it may be tempting to push AI into legacy environments as quickly as possible, a wiser course of action would be to adopt a more careful, thoughtful approach. One thing to keep in mind is that AI is only as good as the data it can access, so shoring up both infrastructure and data management and preparation processes will play a substantial role in the success or failure of future AI-driven initiatives.

Quality and quantity

According to Open Data Science, the need to foster vast amounts of high-quality data is paramount for AI to deliver successful outcomes. In order to deliver valuable insights and enable intelligent algorithms to continuously learn, AI must connect with the right data from the start. Not only should organizations develop sources of high-quality data before investing in AI, but they should also reorient their entire cultures so that everyone from data scientists to line-of-business knowledge workers understand the data needs of AI and how results can be influenced by the type and quality of data being fed into the system.

In this way, AI is not merely a technological development but a cultural shift within the organization. By taking on many of the rote, repetitive tasks that tend to slow down processes, AI changes the nature of human labor to encompass more creative, strategic endeavors – ultimately increasing the value of data, systems, and people to the overall business model. In order to achieve this, however, AI should be deployed strategically, not haphazardly.

Before you invest in AI, then, tech consultancy New Line Info recommends a thorough analysis of all processes to see where intelligence can make the biggest impact. Part of this review should include the myriad ways in which AI may require new methods of data reporting and the development of all-new frameworks for effective modeling and forecasting. The goal here is not to produce sporadic gains or one-off initiatives, but to foster a more holistic transformation of data operations and user experiences.

By its very nature, this transformation will be evolutionary, not revolutionary. There is no hard line between today’s enterprise and a futuristic intelligent one, so each organization will have to cut its own path through the woods. On Inside Big Data recently, Provectus solution architect Rinat Gareev identified seven steps to AI adoption, beginning with figuring out exactly what you hope to do with it. AI can be tailored to almost any environment and optimized for any task, so having a way to gauge its success is crucial at the outset.

Chart a course for AI

Furthermore, organizations should identify priority use cases and establish development roadmaps for each one based on technical feasibility, ROI, and other factors. Only then should you move on to a general foundation for broad implementation and rapid scale across the organization, not to someday complete this transformation but to perpetually build a more efficient and effective data ecosystem.

However, perhaps the most important thing to keep in mind about AI is that it is not a magic bullet for everything that ails the enterprise. As CIO Dive’s Roberto Torres pointed out recently, there is currently a gap between what’s possible and what’s expected of AI, and this disconnect is hurting implementation. Sometimes, the limitations lie within the AI itself, as people come to think that an algorithmic-based intelligence is capable of far greater feats than it can actually accomplish. But problems can also arise within support infrastructure, in the data prep, as mentioned above, or sometimes in simply applying a given AI model to the wrong process.

The fact is that the enterprise has taken only the very first steps on a long journey to a new cultural paradigm, and there will undoubtedly be many missteps, wrong turns, and about-faces along the way. So while it’s important to get your hands dirty with AI sooner rather than later, you also need to pause a moment and figure out what you need to do to prepare for this change, and what you hope to get out of it.

VentureBeat

VentureBeat’s mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact.

Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:

  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more

Become a member

Source

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
News
  • Website

Related Posts

RADAR to Launch New Technology in American Eagle Stores

March 28, 2023

How facial recognition is helping Putin curb dissent

March 28, 2023

What is a country’s current account balance, and is a deficit good or bad for its economy? – The European Sting – Critical News & Insights on European Politics, Economy, Foreign Affairs, Business & Technology

March 28, 2023

Miami Dade College Partners with eMerge Americas 2023 to Offer a Stellar lineup During Miami Tech Month

March 28, 2023

IEEE Patent Licensing Policy Updates Need Clarity

March 28, 2023

NaaS Technology Inc. Reports Adjusted Unaudited 2022 Second Quarter and Interim Financial Results

March 27, 2023

Leave A Reply Cancel Reply

You must be logged in to post a comment.

Recent Posts
  • Apple invents an Apple Watch & Band system with mating NFC modules that will instantly match band colors with the Watch UI, Open Apps+
  • Proba-3 complete: Formation-flying satellites fully integrated
  • RADAR to Launch New Technology in American Eagle Stores
  • How 2 cities rebuilt after tornadoes and why they may be models for others
  • How facial recognition is helping Putin curb dissent
Recent Comments
    Demo
    Top Posts

    How Emerging Technology is Helping Teams Save on Development Costs

    March 22, 20232 Views

    The Indian Startup Pulling Water From The Air

    February 3, 20232 Views

    iPhone 14 eSIM: What you need to know

    September 10, 20222 Views
    Don't Miss

    Apple invents an Apple Watch & Band system with mating NFC modules that will instantly match band colors with the Watch UI, Open Apps+

    March 28, 2023

    Apple’s engineering teams have been working hard on possible new advances to Apple Watch and…

    Proba-3 complete: Formation-flying satellites fully integrated

    March 28, 2023

    RADAR to Launch New Technology in American Eagle Stores

    March 28, 2023

    How 2 cities rebuilt after tornadoes and why they may be models for others

    March 28, 2023
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Demo
    Most Popular

    How Emerging Technology is Helping Teams Save on Development Costs

    March 22, 20232 Views

    The Indian Startup Pulling Water From The Air

    February 3, 20232 Views

    iPhone 14 eSIM: What you need to know

    September 10, 20222 Views
    Our Picks

    Apple invents an Apple Watch & Band system with mating NFC modules that will instantly match band colors with the Watch UI, Open Apps+

    March 28, 2023

    Proba-3 complete: Formation-flying satellites fully integrated

    March 28, 2023

    RADAR to Launch New Technology in American Eagle Stores

    March 28, 2023
    Editor's Pick

    Quantum Cryptography Elevates the Overall Momentum in Quantum Computing

    July 5, 2022

    Ars Technica’s top 20 video games of 2021

    December 26, 2021

    Beaver to blame for wildfires in Oregon

    September 18, 2021
    Futurist Journal
    Facebook Twitter Instagram Pinterest YouTube Dribbble
    • Contact Us
    • Privacy Policy
    © 2023 futuristjournal.com - All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.