Data is undeniably the modern fuel that keeps organizations up and running in the dynamic business landscape. Admit it: Every organization catering to its customers online is handling heaps of customer data, which is collected for various purposes, including marketing and personalization. While most customers may offer their consent to use their personal details, most […]
Now Is the Time for Executives to Deploy Ethical Rules Around AI
For better or worse, AI is causing disruption in almost every field imaginable. Corporations around the world are embracing its possibilities to make work more efficient. The success of ChatGPT and other generative AI tools has also caught the attention of nearly every industry in an effort to meet profitability, efficiency, and sustainability goals. Money […]
Mind the Gap: The Data Chasm
Welcome to the inaugural edition of Mind the Gap, a monthly column exploring practical approaches for improving data understanding and data utilization (and whatever else seems interesting enough to share). This month, we start not with a gap but with a chasm – one that’s at the core of a bewildering paradox. We continue to see […]
Human-AI Collaboration: How AI Can Enhance Human Capabilities and Ethical Considerations
Artificial intelligence is here to change the world, and it is up to us to embrace this technology and use it responsibly to reap its full potential. Although critics have expressed some valid concerns about the potential harm that AI technology could bring about, fostering an AI-human collaboration can allow us to use this powerful […]
Good Data Quality Is the Secret to Successful GenAI Implementation
You wouldn’t build a house without a concrete foundation. So why are many technology leaders attempting to adopt GenAI technologies before ensuring their data quality can be trusted? Reliable and consistent data is the bedrock of a successful AI strategy. Incomplete or inconsistent data prompts GenAI models to propose equally unreliable outputs, calling the basic […]
Why Selecting the Appropriate Data Governance Operating Model Is Crucial
To embark on data governance in an enterprise that spans divisions and diverse stakeholders, a well-defined operating model plays a vital role in achieving expected business benefits. Data mesh is a new concept that encourages data democratization within an organization in a decentralized way by promoting data products. Unlike the vintage architecture, which is centralized, data mesh […]
Data-Driven Defense: AI as the New Frontier in Business Security
Major business setbacks due to risk management failures happen every year. They are also some of the costliest, adding up to millions of dollars in regulatory fines, lawsuits, payouts, and lost brand value. Leaders want to avoid these types of issues and rely on sound internal data management to mitigate risk and maintain confidence and […]
Ask a Data Ethicist: How Can We Address the Ethics of Reusing Data?
Reusing data is a fundamental part of artificial intelligence and machine learning. Yet, when we collect data for one purpose, and use it for other purposes, we could be crossing both legal and ethical boundaries. How can we address the ethics of reusing data? Understand Your Data Before we address the issue of reuse, we […]
The Cool Kids Corner: Equity and Privacy
Hello! I’m Mark Horseman, and welcome to The Cool Kids Corner. This is my monthly check-in to share with you the people and ideas I encounter as a data evangelist with DATAVERSITY. This month, we’re talking about personal identifiable information (PII) and the privacy of that data, but also about ways organizations use personal data […]
How to Ensure Data Quality and Consistency in Master Data Management
In the digital age, organizations increasingly rely on data for strategic decision-making, making the management of this data more critical than ever. This reliance has spurred a significant shift across industries, driven by advancements in artificial intelligence (AI) and machine learning (ML), which thrive on comprehensive, high-quality data. This evolution underscores the importance of master […]