Recent research from MIT revealed that as many as 95% of company-wide AI projects ultimately fail. An impressive figure, but perhaps not surprising. Many of these projects focus too much on the visible front end (such as a chatbot that directly interacts with customers) while neglecting the back end, the systems and processes that should feed the information.
The result: garbage in = garbage out. If the data you use to feed a chatbot or AI assistant is incomplete, outdated, or poorly structured, you’ll only get poor output in return. AI, in that case, is not the holy grail. At best, it’s just the tip of the iceberg.