In today's business world, AI is often seen as the ultimate key to unlocking value from data, creating streamlined processes, and generating growth at lightning speed.
The equation seems simple:
However, in reality, it is more complicated.
You have probably heard the saying:
"AI is like teenage sex. Everyone talks about it. Nobody knows how to do it. But everyone thinks everyone else is doing it, so they claim to do it too." — Internet meme.
It sums up where many companies stand today. They hear about competitors using AI and feel pressure to jump on the bandwagon. But here is the truth: while everyone is talking about AI, only some businesses actually know how to make it work effectively.
Why?
Because AI is not a magic button you press after feeding it data, the reality is much more complex. AI requires clear objectives, the right data infrastructure, ongoing refinement, and, most importantly, realistic expectations. It is crucial for companies to strike a balance and not fall into the trap of thinking they can just "add AI" and watch the value roll in.
In our next post, we will provide more details on why such assumptions are mostly off the mark. We will detail specific challenges companies face in implementing AI and how to avoid these pitfalls, giving you the confidence to navigate the world of AI.
Stay tuned as we separate fact from fiction and help you navigate the world of AI with clarity.
(Authors: Suzana, Anjoum, at InfoSet)
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