Why Data Issues Stall AI Projects

AI has been a major focus of organizations over the past couple of years. However, According to a recent IDC survey, only about 30 percent of companies reported a 90 percent success rate for AI projects. Most companies reported failure rates of 10 to 49 percent, while some even said that more than half of their AI projects failed.

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Social Robots and Collaborative Presence

The World Economic Forum (WEF) recently released their 2019 list of Ten Emerging Technologies. Most of them have some business implications of one kind or another. However, two of them stood out: Social Robots and Collaborative Presence.

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Policy Challenges and Research Opportunities in the Era of Big Data

SP Kothari, Chief Economist and Director, Division of Economic and Risk Analysis at the Securities and Exchange Commission, recently gave a speech on the topic of “Policy Challenges and Research Opportunities in the Era of Big Data. 

He discussed the issues presented by the growing body of big data, pointing out that “the world generates more data every two days than all of humanity generated from the dawn of time to the year 2003.”

He began his analysis by pointing to “security, which is a primary concern of the SEC. The volume, velocity, and variety of big data make security particularly challenging for several reasons. First, big data are harder to store and maintain. For example, it is harder to ensure that only the right people at only the right time have access to only the right data. Second, big data are bigger targets for bad actors. For example, portfolio holdings data for all investment advisors are more valuable than portfolio holdings data for one investment advisor, and weekly portfolio holdings data are more valuable than annual portfolio holdings data. These challenges get harder as certain data sets start to include more personally identifiable information (PII) or identifiers that link investors and institutions within and across data sets.”

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CPA Founding Partner

Chartered Professional Accountants of Canada (CPA Canada), one of the largest national accounting organizations in the world, has chosen to become a founding partner of ThinkTwenty20.