How to Effectively Employ an AI Strategy in your Business How to Effectively Employ an AI Strategy in your Business
Artificial Intelligence has evolved from being a buzz word to a reality today. Companies with expertise in Machine learning systems are... How to Effectively Employ an AI Strategy in your Business

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Critical Challenges in AI Today: the 3 Ts

There are a lot of challenges when it comes to creating an AI ecosystem in a company. All these challenges can be summed under three main headings:

  • Time: Another key element is time. It is essential to see how fast you can get business results by implementing an AI strategy.
  • Trust: Trust refers to the trust in your Machine Learning models and your ability to explain the results of your models to regulators and stakeholders.

1. Build a Data Culture

2. Ask the right questions

3. Connect to the Community

4. Technology Considerations

5. Trust in AI

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Where Do You Go from Here?

So where do you go from here? By deliberating on the above five key points and talking to your team about it, companies can get a sense or a direction from where to begin their journey. Think and identifying the problems that you are trying to solve currently and see how you can use Machine Learning and AI to give you leverage. An AI culture needs to be developed and like every important task, needs time, patience and resources.

Originally Posted Here

Parul Pandey

Parul is a Data Science Evangelist at H2O.ai. She combines Data Science, evangelism and community in her work. Her emphasis is to break down the data science jargon for the people. Prior to H2O.ai, she worked with Tata Power India, applying Machine Learning and Analytics to solve the pressing problem of Load sheddings in India. She is also an active writer and speaker and has contributed to various national and international publications including TDS, Analytics Vidhya and KDNuggets and Datacamp.