The strategic role of data in AI
The strategic role of data in GenAI is comprehensive and crucial for several reasons. Let’s review them to establish a shared background for the following sections, in which we will cover AI readiness and application:
- Learning foundations: In GenAI, data serves as the foundational element for learning and training. The algorithms learn from huge and diverse datasets to figure out the patterns, make predictions, and improve understanding. The quality, diversity, and volume of this data directly impact the AI’s ability to learn and function effectively. This leads us to the first key point in AI adoption – the dataset matters the most.
- Fueling advanced and flexible capabilities: GenAI aims to perform a wide range of tasks that require understanding and reasoning similar to human intelligence. Data is essential for enabling these capabilities, as it provides the necessary information for the AI to process, analyze, and...
