10 Ways AI and ML Are Evolving
Lisa Morgan,
If you think what’s happening with artificial intelligence and machine learning is interesting now, just wait.
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Many organizations have already supplemented their own data with third-party data. While the trend has been enabled by the API economy, organizations will share more data with others in the future.
“This is not just about generating a higher volume of data but rather generating and using data more strategically,” said Justin Silver, an AI strategist and data scientist at AI-powered digital selling platform PROS. “In addition to organizations improving their own proprietary data, we will see collaborative efforts on improving data — sharing of data, say between businesses, for mutual benefit while respecting privacy/confidentiality. For example, airlines sharing data to identify trends that helped them navigate impact of COVID-19 on their business.”