AI Business Strategy Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

Data accessibility is not a main problem for organizations.

False (B)

50% of organizations believe that security, privacy, and data quality are among the top 3 barriers to scaling up the use of AI.

True (A)

56% of executives believe that lack of analytical skills and a clearly defined organizational structure are the main challenges to AI adoption.

True (A)

87% of Machine Learning models are put into production.

<p>False (B)</p> Signup and view all the answers

The implementation of ethics is not crucial to prevent existential risks for humanity.

<p>False (B)</p> Signup and view all the answers

Flashcards

Top AI Barriers

Security, privacy, and data quality are considered significant barriers.

AI Adoption Challenges

Lack of analytical skills and an undefined organizational structure are key challenges.

ML Models in Production

The vast majority of Machine Learning models never make it to real-world application.

Importance of AI Ethics

Ethics are essential to mitigating potential dangers to humanity.

Signup and view all the flashcards

Study Notes

Defining AI-based Use Cases

  • AI adoption is challenged by the lack of understanding and support from top management regarding data-driven transformation.
  • The main challenge to AI adoption is understanding the business benefits of AI and potential use cases.

Data Accessibility

  • Data availability is a significant problem to be solved, hindering AI adoption.
  • 50% of respondents identify security, privacy, and data quality as the top 3 barriers to scaling up AI use.

People & Organization

  • 56% of executives cite the lack of analytical skills and a clearly defined organizational structure as main challenges to AI adoption.

AI Governance & Data Culture

  • Only 13% of Machine Learning models are implemented into production, with 87% never making it to production.
  • Implementing ethical considerations is crucial, as existential risks to humanity can arise from AI abuse, with company culture being a key factor in this regard.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Quiz Team

More Like This

Big Data for Business Decisions Quiz
5 questions
Big Data and AI Overview
24 questions

Big Data and AI Overview

IssueFreeGenius4432 avatar
IssueFreeGenius4432
Big Data and AI Overview
10 questions

Big Data and AI Overview

KnowledgeableObsidian avatar
KnowledgeableObsidian
Use Quizgecko on...
Browser
Browser