The top challenge when implementing AI for business: Lack of high-quality data

AI growth and adoption in the UK are surging, with the market valued at more than £16.8 billion and expected to reach £801.6 billion in the next decade. Approximately 15 percent of UK businesses are already using AI technologies such as data management and analysis, natural language processing, machine learning, and computer vision. And across the pond in the US, AI is expected to contribute a significant 21 percent net increase to US GDP by 2030, showcasing its substantial impact on the economy. Growth in any new technology is never without its challenges. For AI, these include ensuring data privacy,… [Continue Reading]