July 2024

Embracing AI: A Data Dilemma for Future Innovations

Can we take a second to take in that there was a "Miss AI" contest? NPR covered it with a headline that sounds straight out of a make-believe website: “Fake beauty queens charm judges at the Miss AI pageant.” It’s a funny reminder for most that AI isn’t just about serious stuff like self-driving cars and talking robots. It can also make moves in the glam world!‍

Speaking of serious stuff, there’s been a bit of a debate brewing. On the one side, some experts are concerned that AI models might stop advancing soon. Why? Because they’re running low on quality training data. Imagine trying to teach a super smart AI like ChatGPT without enough good data. It would be like trying to grow a beautiful garden without that high-quality soil, it just wouldn’t flourish as vibrantly.‍

That being said, rest assured that the AI community is active. They are venturing into uncharted territories. A significant development is the focus on private datasets. Giants like Google are investing a large amount of money to acquire exclusive data from platforms such as Reddit. It's the equivalent of a college student purchasing a top-notch textbook for their education.‍

Another angle? All the non-text data that’s out there. Just think about all those hours of YouTube videos. AI is gobbling that information up too. It’s not just about reading anymore; it’s about seeing and hearing.‍

So, from beauty pageants to breakthroughs, it’s clear there’s never a dull moment in AI. Despite facing the data dilemma, where quality training data is becoming more difficult, there's optimism in the air. The AI community's creativity shines through as they explore new avenues like private datasets and multimedia sources. These innovations show promise in overcoming current challenges. It’s important we stay curious and open-minded. The solutions to today’s data dilemma could very well pave the way for tomorrow’s AI sensation.

More Insights

Ready to see what we can do for your retail property?

Contact us to see the difference we can make in your traffic and sales.

Thank you

Thanks for reaching out. We will get back to you soon.
Oops! Something went wrong while submitting the form. Please check your fields and try again.