Big data applications
Artificial intelligence (AI) is changing industries for the better. It is altering the way businesses operate and has hundreds of use cases. However, developing and implementing an AI project to help build a business poses a great challenge to companies and slows adoption. According to research, it is estimated that 85% of all AI projects will fail or deliver poor outcomes in 2022. On the other hand, 70% of companies reported no or minimal impact from AI, while 87% of the AI projects did not even enter into production. With these worrying statistics, here are some artificial intelligence mistakes to avoid as you seek to venture into this new area.
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