back Back

Generative AI Models Struggle to be Adopted by Businesses: Four Major Obstacles

Feb. 14, 2023.
1 min. read Interactions

About the Writer

Lewis Farrell

37.75457 MPXR

Highly curious about things that increase my awareness, expand my perception, and make me open to being a better person.

Though business leaders have been intrigued by the public reaction and engagement to this emerging technology, it still requires the right talent, governance, maturity, and budget to succeed. The top four gaps and barriers to entry that businesses encounter when implementing generative AI models are IT governance, data gathering and quality, maturity of tech stack, and cost. This article further explains that governance models should include guiding principles, focused on privacy, data security, algorithmic transparency within AI models, and cybersecurity vulnerabilities. Data quality is the second most significant capability gap, while generative AI adoption requires a level of modernization that most non-traditional tech companies are still embracing. Cost, although not considered a capability gap, is a barrier to entry for most businesses as large models require a lot of computing power. Vendors have already started customizing generative AI models to specific business needs, making it more accessible and affordable for enterprises.

Source.

Interesting story? Please click on the 👍 button below!

Let us know your thoughts! Sign up for a Mindplex account now, join our Telegram, or follow us on Twitter

Comment on this content

0 Comments

0 thoughts on “Generative AI Models Struggle to be Adopted by Businesses: Four Major Obstacles

Like
Dislike
Share

0

Comments
Reactions
💯 💘 😍 🎉 👏
🟨 😴 😡 🤮 💩

Here is where you pick your favorite article of the month. An article that collected the highest number of picks is dubbed "People's Choice". Our editors have their pick, and so do you. Read some of our other articles before you decide and click this button; you can only select one article every month.

People's Choice
Bookmarks