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The High Cost of Dirty Data in AI Development

Unite.AI

It’s no secret that there is a modern-day gold rush going on in AI development. According to the 2024 Work Trend Index by Microsoft and Linkedin, over 40% of business leaders anticipate completely redesigning their business processes from the ground up using artificial intelligence (AI) within the next few years.

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Data Monocultures in AI: Threats to Diversity and Innovation

Unite.AI

But, while this abundance of data is driving innovation, the dominance of uniform datasetsoften referred to as data monoculturesposes significant risks to diversity and creativity in AI development. In AI, relying on uniform datasets creates rigid, biased, and often unreliable models.

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Daniel Cane, Co-CEO and Co-Founder of ModMed – Interview Series

Unite.AI

AI has the opportunity to significantly improve the experience for patients and providers and create systemic change that will truly improve healthcare, but making this a reality will rely on large amounts of high-quality data used to train the models. Why is data so critical for AI development in the healthcare industry?

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How Quality Data Fuels Superior Model Performance

Unite.AI

The future of AI demands both, but it starts with the data. Why Data Quality Matters More Than Ever According to one survey, 48% of businesses use big data , but a much lower number manage to use it successfully. This emphasis on data quality has profound implications. Why is this the case?

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SolarWinds: IT professionals want stronger AI regulation

AI News

Additionally, half of the respondents support regulations aimed at ensuring transparency and ethical practices in AI development. Challenges extend beyond AI regulation However, the challenges facing AI adoption extend beyond regulatory concerns.

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Chuck Ros, SoftServe: Delivering transformative AI solutions responsibly

AI News

.” Recognising the critical concern of ethical AI development, Ros stressed the significance of human oversight throughout the entire process.

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The risks and limitations of AI in insurance

IBM Journey to AI blog

Risk and limitations of AI The risk associated with the adoption of AI in insurance can be separated broadly into two categories—technological and usage. Technological risk—data confidentiality The chief technological risk is the matter of data confidentiality.

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