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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.

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.”

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