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Ep. 23 The AI market is about to hit a wall, and how it can be avoided | AI Insights & Innovation
November 9, 2024
The AI market is experiencing significant growth, driven by interest in generative AI and AI in general. However, despite this growth, many enterprises are struggling to deploy and derive value from AI systems. Reports show that 85% of AI implementations fail to meet expectations due to poor data quality. Data complexity, lack of skills, and historical mistakes in data management are also contributing to the high failure rates of AI projects. This has led to a "data wall" where organizations lack the necessary data sets for AI deployments.