Forbes August 19, 2024
Dr. Jamil El-Imad is Senior Research Fellow at Imperial College, Institute of Biomedical Engineering.
Data alone does not serve many useful purposes. Processed data, however, results in the creation of information and knowledge. In order to develop effective AI solutions, making objective, consistent, complete, comparable, relevant and timely data available to the AI models is crucial.
Irrespective of the sources of data and whether it is structured or unstructured, the cost and complexity of getting it usable by AI models should not be underestimated—nor should the cost of training these models effectively and weeding out bias.
Given the absence of “reasoning” from AI, it is hard to determine the accuracy of these models, and as such, considerable effort goes into...