iMerit, a leading artificial intelligence (AI) data solutions company, released its 2023 State of ML Ops report, which includes a study outlining the impact of data on wide-scale commercial-ready AI projects. The study surveyed AI, ML, and data practitioners across industries, and found an increasing need for better data quality and human expertise and oversight in delivering successful AI. This is especially true as powerful new generative AI tools and continuous improvements to automation are rolled out at an increasingly rapid pace.
The world of AI has changed dramatically over the past year. It has evolved out of the lab, entering the phase where deploying large-scale commercialized projects is a reality. The study shows true experts in the loop are needed not only at the data phase, but at every phase along the ML Ops lifecycle. The world’s most experienced AI practitioners understand that companies turning to human experts-in-the-loop achieve greater efficiencies, better automation, and superior operational excellence. This leads to better commercial outcomes for AI in the future.
The report highlights survey findings in four key areas:
Stating that quality data is the lifeblood of AI and that it will never have sufficient data quality without human expertise and input at every stage, Radha Basu, Founder and CEO, iMerit, commented, “With the acceleration of AI through large language models and other generative AI tools, the need for quality data is growing. Data must be more reliable and scalable for AI projects to be successful. Large language models and generative AI will become the foundation on which many thin applications will be built. Human expertise and oversight is a critical part of this foundation.”
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