When thinking about practical applications for artificial intelligence in your business, it’s easy to assume that you need vast amounts of data to get started. AI is fueled by data, and so it only makes sense that the more data you have, the smarter your AI gets, right? Not exactly.
Sometimes “Small Data” Is Enough to Create Smart Products
The value of precisely targeted information.
July 19, 2017
Summary.
You don’t necessarily need vast amounts of data to get started with artificial intelligence. When it comes to extracting intelligence by applying AI to data, context matters. Linking AI with a relatively narrow data set can have a huge impact, if done with precision. Companies that can zero-in on the impact they want to see and focus on curating the right datasets mapping to their goals have the best opportunity for generating really impactful results from AI.
New!
HBR Learning
Digital Intelligence Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Digital Intelligence . Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Excel in a world that's being continually transformed by technology.
Learn More & See All Courses
New!
HBR Learning
Digital Intelligence Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Digital Intelligence . Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
Excel in a world that's being continually transformed by technology.