The progress of artificial intelligence (AI) models over the past few years has happened faster than anyone expected. It may be too fast. This interesting information came to us from New Scientist in their article, “How AI chatbots in search engines will completely change the internet.”
One of the primary inhibitors to data science and ultimately AI has to do with data storage and retrieval. Only recently have data warehouses evolved to store massive amounts of data in a way that’s useful, not cost-prohibitive, and not requisite of an army of technology personnel to maintain. We’ve had data warehouses for decades, but they’ve been complicated and costly.
The AI market has been on such a swift growth path for several years that the industry is expected to reach $42.4 billion this year. The momentum has continued noticeably with the debut of powerful, new, AI-powered tools and services across industries.
The real problem lies in understanding. Most organizations have little knowledge regarding how AI systems make decisions or how to grasp and leverage the results. Explainable AI is used to describe an AI model, its expected impact, and its potential biases. Explainability becomes critical when the results can have an impact on data security or safety.
Melody K. Smith
Sponsored by Access Innovations, changing search to found.