5 Common Myths About AI — And the Truth Behind Them

Author(s): Poojan Vig

Originally published on Towards AI.

Artificial intelligence is now writing poems, crafting stunning art, and even attempting stand-up comedy:

“Why did the AI become a musician? Because it loved working with algo-rhythms!”

Alright, maybe AI won’t headline a comedy show just yet — but jokes aside, AI is reshaping industries and redefining what’s possible in business.

Yet, with rapid advancements come common misconceptions. Based on insights from IBM and MIT, let’s tackle five myths that might be holding your business back — and uncover the truths that can help you harness AI’s full power.

Before we dive into each one, here’s a quick look at the myths we’ll be debunking:

Shortcuts in AI Don’t WorkIf It’s Not Deep Learning, It’s Not AIAI Is the Answer to EverythingThe Sweet Spot of AI Is Cost ReductionAI Only Solves the Problem It Was Built For

Each of these is rooted in outdated thinking and understanding why they’re wrong can be the key to unlocking AI’s real value in your organization.

✅ The truth: Foundational models are the shortcut.

In the early days of AI, creating a smart system meant building everything from scratch — collecting massive datasets, training models for specific use cases, and requiring a team of expert data scientists just to get started.

But today,… Read the full blog for free on Medium.

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Published via Towards AI