Did you know that AI is on track to change the business world as thoroughly as the internet once did? Artificial intelligence has jumped into the hands of entrepreneurs and business leaders in such a short amount of time, soon after its initial release.
Once a futuristic concept—it came to life and is transforming industries at an exceptional pace. While all businesses already take advantage of AI’s potential, many miss a crucial point: data fuels AI.
All business owners should understand the relationship between the two to operate securely.Here are five things entrepreneurs must know about AI and data that should guide your relationship with and use of artificial intelligence in all aspects of business and personal development.The current AI boom is only possible thanks to the overwhelming amount of data we generate.
Fueling the development of various forms of AI requires equally extensive data collection practices. Since AI development involves continuous learning, data collection and refinement is an ongoing process.