Three Insidious Data Fallacies to Recognise in the Age of AI

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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Published via Towards AI