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Three Insidious Data Fallacies to Recognise in the Age of AI
Latest   Machine Learning

Three Insidious Data Fallacies to Recognise in the Age of AI

Last Updated on July 17, 2023 by Editorial Team

Author(s): John Adeojo

Originally published on Towards AI.

A Brief Examination of Data Fallacies and Their Influence on Decisions

Image by Author: Generated with Midjourney

In the age of AI, business leaders are becoming increasingly aware of the merits of a data-driven approach. For many, data is finally being recognized as an asset. However, this recognition brings with it numerous pitfalls. A significant number of business leaders have had no formal training in how to correctly interpret data.

The misuse and misinterpreting of data through data fallacies can lead to sub-optimal decisions, which can prove costly. This concern is even more pressing when one considers that AI magnifies human decision-making capabilities. Even those well-trained can fall victim to common data and… Read the full blog for free on Medium.

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