In a guest post on insideBIGDATA I wrote:
“There is no doubt that AI is exploding across businesses, and it is not just with the moon shots that make news headlines. Due to the speed and scale at which AI can operate, it is being used across the critical operations and decision making in everyday businesses on tasks that teams of people would previously have been addressing.
As AI has often emerged from a purely data science function, those models in production today have often lacked the formal business review process should take place across multiple stakeholders in businesses, and tend to operate in silos across the organization each built using different technologies. As an example, in Deloitte’s 2020 State of AI in the Enterprise report1, it is reported that a bank carried out an inventory of their models that use advanced or AI-powered algorithms and came to a staggering total of 20,000.”
Read the full article here.