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New RAND Research – Why do AI Projects Fail?
By some estimates, 80% of AI projects fail – more than double the rate of non-AI IT projects – but why? A group of RAND researchers investigated this issue and found five key problems leading to failure.
Major AI Act Will Heavily Impact The Unprepared & Indecisive
Last week, the EU’s AI Act finally went into effect following final approval from EU member states, lawmakers, and the European Commission. The AI Act aims to govern how companies develop, use, and apply AI. This will be done via a risk-based approach to regulation. Each AI application will be monitored and categorized based on the “risk it poses to human society.”
How AI Is Lending a Helping Hand in the Data Security Industry
In this feature article, Daniel D. Gutierrez, insideAInews Editor-in-Chief & Resident Data Scientist, highlights how AI is turning into the trusty sidekick that every cybersecurity hero needs. Let’s dive into how AI is shaking things up and helping keep our digital lives safe and sound.
Regulators Must Keep Pace with Advancement of AI for Fresh and Innovative Healthcare Benefits
In this contributed article, Elaine Gemmell, Head of Regulatory Affairs at InnoScot Health, discusses regulators needing to keep pace with advancement of artificial intelligence for fresh and innovative healthcare benefits.
Revolutionizing Manufacturing: The AI Impact
In this feature article, Daniel D. Gutierrez, insideAInews Editor-in-Chief & Resident Data Scientist, discusses how AI is revolutionizing the manufacturing industry. This revolution promises to enhance efficiency, reduce costs, and improve overall product quality. We explore the multifaceted impact of AI on manufacturing and how it is reshaping the industry’s landscape.
Couchbase Study: Financial Services Organizations Ramp Up for GenAI Despite Infrastructure Concerns
Couchbase’s recent survey of 500 global IT leaders uncovered that while financial services organizations will increase IT modernization investment by a third (33%) in 2024, they still feel unprepared for growing data demands.
Infographic: Data Never Sleeps: AI Edition
Our friends over at Domo (Nasdaq: DOMO) unveiled a special edition of its popular Data Never Sleeps (DNS) infographic, focused on the proliferation of artificial intelligence (AI). An extension of Domo’s award-winning annual DNS report, this AI Edition provides a deeper dive into the immense amount of AI data generated every minute and the impact this brings into our everyday lives.
Lack of Governance, Infrastructure Readiness, and IT Talent Leading to Enterprise GenAI Struggles: New Report
Despite growing interest and enthusiasm for Generative AI (GenAI), significant challenges are emerging that threaten the success of GenAI projects, according to a co-sponsored research report from Enterprise Strategy Group (ESG) and Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501).
In AI We Don’t Trust: Too Many Healthcare Insurers Base Decisions on Assumption Over Data, Report Reveals
The healthcare insurance sector in the US is struggling to make critical decisions due to a severe lack of accessibility, context and trust in their data. That is according to a new international study by ActiveOps, a leading provider of AI-powered decision intelligence for service operations.