From the course: Becoming an AI-First Product Leader
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The data that powers AI
From the course: Becoming an AI-First Product Leader
The data that powers AI
- A few years ago, The Economist published a report with this big, audacious headline, the world's most valuable resource is no longer oil, it's data. And that's primarily because of AI. To intuitively understand it, think of data as the fuel that powers your AI algorithm. Once you decided on your AI objective, and then you coded your algorithm features, you're successfully finished on the first setup. Data is what brings your AI to life. And generally speaking, the more data you have, the better your algorithm will be. Even more importantly, your AI will only be as good as the data it gets, like food for humans and soil for plants, without data, your AI will not thrive. With the right food, the right soil, your AI will learn faster and better. AI learns from examples in order to seek patterns. Those could be past examples and real-time examples. So for example, when Netflix's AI algorithm decides which movies to suggest…