Skip to content
Businessporting.com – A High DA, PA Guest Blogs Posting

Businessporting.com – A High DA, PA Guest Blogs Posting

  • Business
  • Education
  • Fashion
  • Automobile
  • Real estate
  • Relationship
  • Login
  • Register
  • Blog Post
  • Toggle search form

The Hidden Perils in the AI Model Assembly Line

Posted on October 31, 2023 By Editorial Team

To discover more about the unspoken risks associated with the AI model assembly line, read this exclusive article from AITech.

Artificial intelligence (AI) is transforming the way financial services institutions operate and engage with customers. From automating routine processes to offering personalised financial advice, AI’s potential to drive efficiency, innovation, and customer satisfaction is substantial. However, realising this potential is another matter. Gartner research shows that while 80% of executives believe that automation can be applied to any business decision, just 54% of AI models make it from pilot to production. This statistic underscores the gap between the promise of AI and its practical implementation, raising the question of what are the pitfalls in the AI model assembly line that stand in the way of success?

Also Read: The Hidden Perils in the AI Model Assembly Line

Pitfall One: protracted and disjointed processes dampen momentum

While financial institutions ambitions for AI projects are rapidly growing, most do not yet have a mature AI development infrastructure that is ready to meet this demand. Research from Deloitte shows that the number of AI-related activities undertaken by companies (across several sectors) is increasing, but that productionalising projects is a key issue, with organisations relying on manual, ad hoc processes to bring projects to life.

In financial institutions the AI model development process lasts 5.5 months on average, involves a significant number of specialised employees, and comprises multiple stages. Each of these stages has its own pain points, which act as a brake on momentum and significantly add to the cost of model development. If, as Gartner’s data shows, 46% of models don’t make it to production, this represents a huge sunk cost to financial institutions and a major dampener on staff morale.

Visit AITechParkNews for cutting-edge Tech Trends around AI, ML, Cybersecurity.

Technology Tags:AI model development, AITECH ARTICLE, Artificial Intelligence

Post navigation

Previous Post: Elegance and Functionality: Venetian Blinds for Your Windows
Next Post: Laminator Manufacturing Plant Project Report 2023: Investment Opportunities

More Related Articles

How Mobile App Development Services in Qatar Drive Business Growth Technology
Resolving Sage 50 Error 1603: Troubleshooting Guide for Seamless Installation and Operational Stability Technology
Things To Know About Film Developing Jersey City Technology
e-Discovery Market Eyes US$ 18,067.3 Million by 2030, 8.3% CAGR Technology
Web Solutions, Tailored for You: Hire a Dedicated PHP Developer Technology
Safe and Empowered: Choosing Women’s Tasers for Security Technology

hd_simple_dark_8

Recent Posts

  • Exploring the World of Disney Paint by Number Kits: A Creative Journey for All Ages
  • How Does a Pregnancy Body Cushion Support Your Back and Belly?
  • Dental Fillings For Kids: Types, Process, and Preparation
  • Common Invisalign Mistakes and How to Avoid Them
  • Can Dental Bridges Be Replaced or Removed?
  • Automobile
  • Business
  • Cleaning
  • Computer
  • Education
  • Fashion
  • Fruits
  • Game
  • General News
  • Health and Fitness
  • Home Decor
  • Lifestyle
  • Nutrition
  • Real estate
  • Relationship
  • Seafood
  • Social Media
  • Technology
  • Tour and Travel

Latest News

Tags

#fashion airlines Artificial Intelligence Automotive beauty boxes business clothing Custom Boxes and Packaging Custom Boxes with Logo Customize Boxes Custom Packaging Digital Marketing disease Education family tree maker 2019 family tree maker support Fitness flight Games gemstonejewelry google Health Health and fitness Healthcare Healthy Lifestyle law lawyer lifestyle marketing Market size Market Trends Men's Health Online Education Packaging RDP Singapore Skin care sports Sportsmatik Technology Tour and Travel translation Travel USA www.microsoft.com/link

Quick Links

Quick Link

  • Login
  • Register
  • Blog Post
  • Contact us
  • Privacy Policy

Category

  • Automobile
  • Business
  • Cleaning
  • Computer
  • Education
  • Fashion
  • Fruits
  • Game
  • General News
  • Health and Fitness
  • Home Decor
  • Lifestyle
  • Nutrition
  • Real estate
  • Relationship
  • Seafood
  • Social Media
  • Technology
  • Tour and Travel

Latest Post

  • Exploring the World of Disney Paint by Number Kits: A Creative Journey for All Ages
  • How Does a Pregnancy Body Cushion Support Your Back and Belly?
  • Dental Fillings For Kids: Types, Process, and Preparation
  • Common Invisalign Mistakes and How to Avoid Them
  • Can Dental Bridges Be Replaced or Removed?

Tags

#fashion airlines Artificial Intelligence Automotive beauty boxes business clothing Custom Boxes and Packaging Custom Boxes with Logo Customize Boxes Custom Packaging Digital Marketing disease Education family tree maker 2019 family tree maker support Fitness flight Games gemstonejewelry google Health Health and fitness Healthcare Healthy Lifestyle law lawyer lifestyle marketing Market size Market Trends Men's Health Online Education Packaging RDP Singapore Skin care sports Sportsmatik Technology Tour and Travel translation Travel USA www.microsoft.com/link

Copyright © 2025 Businessporting.com – A High DA, PA Guest Blogs Posting.

Powered by PressBook Blog WordPress theme