Ahh, the same story every day: New AI tools are getting released, and businesses are rapidly integrating them into their operations. However, we got to know via our research team that most businesses are facing certain challenges, or as they called it – AI challenges, to implement AI in their ventures.
So maybe implementing AI is not as easy as it looks!
Now before we proceed, there’s an important question I need to ask you – Do you already fall in this category? If yes, you will reap the best out of this blog. And if you are yet to implement AI in your venture, let’s explore the opportunities together, shall we?
With that being said, let’s move on to address the AI challenges that you may encounter during the implementation and ways to overcome them.
In a time ruled by progress, the integration of AI has surfaced as a transformative force in various sectors. Gartner says that by 2030, AI will take over 80% of tasks related to project management. Therefore, the first thing to do is to get to know what this technology ‘can’ and ‘can’t’ do! This alone, will give you an overall understanding of what AI challenges you can expect while implementing and ways to address them.
Like, AI is good at spotting trends and patterns, but it’s not so good at making moral choices. For example, AI can create great images from text or commands. However, it would be difficult for it to customize that image to fit a particular brand culture.
Now, despite these challenges, it brings a host of benefits to businesses. I mean obviously!
For example, it is improving the speed of business operations with data-driven insights and monitoring capabilities. And on the other hand, it is opening up new horizons for businesses to expand their operating models across industries.
Therefore, weighing the advantages and disadvantages is a good place to start. You can initiate by evaluating:
Now, to achieve scalable answers to these, it’s best to consult a digital solutions provider who has expertise in AI as well.
Now that we’ve arrived at this point! It’s important to know about the problems that might obstruct a smooth implementation of AI.
Here we go,
Legacy systems in a company are like its old and outdated, yet foundational pillars. They provide robust support, but when it comes to their modification, it presents quite a challenge. As a result, introducing AI or any sort of modernization or digitalization into this ecosystem requires careful planning and execution. Hence, they often stand as a hindrance when it comes to digitalization.
Talking of which, allow me to walk you through the AI challenges here:
Additionally, we are aware that data cleansing processes might seem complex! We can get on a free consultation call to address that if needed.
Now with AI, scalability extends beyond the traditional notions of increasing production capacity or accommodating a growing customer base. Here, scalability refers to efficiently handling increased data, users, and complexity without compromising performance or significantly raising costs.
However, there are certain things that you need to be aware of when implementing AI in your business, such as:
At times, achieving this level of scalability in AI indeed seems challenging. However, you are not alone in this & it shouldn’t be a holdback for you! You can efficiently achieve your scalability goals by making necessary adjustments based on the subtleties we discussed. Let us know if we can help you with it.
Job postings in the AI field have increased by over 300% in the past five years! This is outpacing the rate at which the workforce is acquiring the necessary skills. This shortage of skilled AI talent is multi-faceted, stemming from several key factors.
Here are some of them:
The lack of AI experts is a major hurdle for companies that want to fully utilize artificial intelligence. But, don’t let this hold you back. We at TheCodeWork, understand the challenges and are equipped to help you navigate through them.
Just like any other new tool we are still learning how to use AI. The dynamic nature of AI makes it a bit difficult to regulate it. Along with that, some of its aspects like Machine learning and Deep learning add certain complexities.
At present, as AI continues to advance, regulatory bodies around the world are working to build rules for ethics, privacy, & responsibility.
Hence, let’s have a look at some of the regulatory and legal challenges that persists when implementing AI:
Here are some relevant case studies that provide valuable insights into the AI challenges businesses face when implementing AI.
Challenge: Bias and Lack of Transparency
In 2018, Amazon abandoned an AI-powered recruiting tool designed to streamline the hiring
process. The system, trained on resumes submitted over ten years, exhibited gender bias by favoring male candidates. Also, the model had learnt from historical hiring patterns, reflecting the male-dominated nature of the tech industry. Additionally, the AI system lacked transparency, making it difficult to understand how it arrived at specific decisions.
Lessons learnt:
Challenge: Unintended Behavioral Responses
Microsoft’s Tay was an AI chatbot launched on Twitter in 2016. The AI was designed to learn from user interactions and engage in conversations. However, within hours of its release, Tay began producing offensive and inappropriate content. The chatbot had learned from online trolls and absorbed negative behaviors from users.
Lessons learned: The need for robust content moderation and filters to prevent the AI from learning and replicating harmful behaviors. Ongoing monitoring and intervention are crucial to maintaining the ethical use of AI.
Challenge: Misalignment with Clinical Practices
In 2017, IBM’s Watson for Oncology faced issues with its AI recommendations not aligning with real-world medical protocols. The system was trained on vast amounts of medical literature and data, but physicians found discrepancies. This raised questions about AI’s practicality in complex healthcare settings.
Lessons learned:
Challenge: Balancing Autonomy and Safety
Tesla’s Autopilot, an AI feature for semi-autonomous driving, struggled to balance autonomy and safety. Incidents were reported where drivers overestimated the capabilities of the Autopilot system, leading to accidents. Tesla faced scrutiny over the system’s user interface, which some argued contributed to driver complacency.
Lessons learned:
In brief, these case studies underscore the intricate AI challenges that businesses often face when implementing AI initiatives. It shows how careful planning, help from experts, and constant updates of AI systems help you avoid such incidents. However, we are here to make your AI journey hassle-free!
To sum up, AI is now as important as the Internet itself. To run a successful business, you need to take this shift seriously! Teaching and using AI are highly necessary for almost every business nowadays.
As said earlier, putting AI to work in a business can be hard, but it can also bring big rewards! Businesses that handle the tough parts of using AI can get ahead of their competitors. With this, you can make better choices, work more quickly, & give your customers what they want in a better way.
However, you will also need someone reliable to get through all the AI challenges by your side. At TheCodeWork, we offer expert AI development services guided by the best principles, work ethics & years of experience. Our development process takes care of everything from ideation to prototyping & deployment.