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According to most analysts, the answer is an overwhelming yes with global investment expected to surge by around a third in the coming 12 months and continue on the same trajectory until 2028. Beyond transparency, a commitment to responsibleAI will be a priority as companies try to gain the trust of clients and consumers.
But even with the myriad benefits of AI, it does have noteworthy disadvantages when compared to traditional programming methods. AIdevelopment and deployment can come with data privacy concerns, job displacements and cybersecurity risks, not to mention the massive technical undertaking of ensuring AI systems behave as intended.
EVENT — ODSC East 2024 In-Person and Virtual Conference April 23rd to 25th, 2024 Join us for a deep dive into the latest data science and AI trends, tools, and techniques, from LLMs to data analytics and from machine learning to responsibleAI. Secondly, governments are investing in building their own internal AI capabilities.
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