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We should not be surprised, but it may not all be AI’s fault if only 5% of AI projects deliver value. Comparing AI projects against those that rely on any new technology with an unproven track record in industry. The results will fall short of expectations, more so when there are very few AI experts in the world to build cost-effective solutions.
The rush to AI has been astronomical, but it’s a solution that’s looking for problems to fix. No doubt there’s an AI project looking to solve world peace.
One should not forget that AI is a tool that consumes vast amounts of data to make decisions. Data that is not always appropriate, accurate, or useful. It requires clear and concise input to achieve clear and concise output. Ask the wrong question and you get the wrong answer.
AI should be used to solve the most pressing data-intensive problems. It should be built into the processes to enable them, not relied upon to build them. At this stage in its development, AI is a tool that should follow a softly-softly approach to innovation. One suspects there’s too much Silicon Valley money following too many programs, promising to solve world peace. With little understanding of how complex solving world peace is, and that AI can only do so much of the heavy lifting.
@Thaddeus Dziekanowski Brian D. McCarthy Faisal Khan
Veritas GRC
#cybersecurity #cyberriskmanagement #artificalintelligence
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