Comments on: The classic dilemma of ‘too much data’  https://ciodimension.com/featured/the-classic-dilemma-of-too-much-data/ empowering smarter conversation Tue, 06 Jun 2023 09:07:38 +0000 hourly 1 https://wordpress.org/?v=7.1.3 By: Innovation Talk: Why do AI projects fail? Anuj Gupta demystifies   - CIO Dimension https://ciodimension.com/featured/the-classic-dilemma-of-too-much-data/#comment-50 Tue, 06 Jun 2023 09:07:38 +0000 https://ciodimension.com/?p=8893#comment-50 […] “Data is the foundation of any AI project. Every organization has petabytes of data, but very few of them have data sets which can be used for machine learning. One analogy that I often use is, if data is the crude oil, machine learning models are like the fighter jets. Unfortunately, fighter jets cannot run on crude oils. They need specialized fuel to fly. Organizations need to set up ‘refineries’ that can convert the ‘crude oil’ into different fuels, which can then be used in fighter jets,” he says.  […]

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