Everyday AI Podcast – An AI and ChatGPT Podcast

EP 436: AI You Can Trust - How reliable data makes it happen

Jan 9, 2025

Barr Moses, Co-founder and CEO of Monte Carlo, dives into the significance of reliable data in enhancing AI performance. He discusses how data observability can minimize downtime, a critical need for businesses of all sizes. Moses emphasizes that accurate data is essential for personalized AI and examines practical use cases like sports analytics and financial products. He also shares insights on the burgeoning trend of synthetic data and the importance of data governance for effective data utilization.

30:55

Episode guests

Barr Moses

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Ensuring data reliability is essential for businesses to effectively leverage AI and maintain competitive advantage in a data-driven world.

Implementing data observability allows organizations to proactively identify and resolve inaccuracies, thereby enhancing the quality and trustworthiness of AI outputs.

Deep dives

The Importance of Trustworthy Data

Trusting the source and accuracy of data is crucial, especially in a world increasingly reliant on generative AI. It's not enough to simply generate outputs; developers and organizations must ensure that the underlying data is reliable. Inaccurate data can lead to erroneous conclusions and decisions, which can significantly harm business operations. The podcast emphasizes that understanding the root causes of data inaccuracies is essential for organizations to leverage AI effectively.

Intro

3min

Navigating Data Reliability for AI Success

15min

Harnessing Data for AI Success

10min

The Rise of Synthetic Data and the Return of Data Governance

2min

The Crucial Connection Between Data Quality and AI Success

2min

Send Everyday AI and Jordan a text message

Your data is your moat. Everyone's got AI now. Find out how reliable data can make your competitive edge happen. Barr Moses, Co-Founder and CEO of Monte Carlo, joins us to discuss.

Newsletter: Sign up for our free daily newsletter
More on this Episode: Episode Page
Join the discussion: Ask Jordan and Barr questions on AI and data

Upcoming Episodes: Check out the upcoming Everyday AI Livestream lineup
Website: YourEverydayAI.com
Email The Show: info@youreverydayai.com
Connect with Jordan on LinkedIn

Topics Covered in This Episode:
1. the Importance of Data
2. Challenges and Opportunities in Leveraging Data
3. Adoption of Data Practices
4. Data Use Case Examples
5.Generative AI, LLMs, and Data Integration

Timestamps:
00:00 Empower AI proficiency with daily insights.
06:02 Data observability ensures reliability and issue resolution.
07:15 Understanding data's importance is crucial for businesses.
13:07 Personalized AI relies on unique enterprise data.
15:20 Large enterprises struggle with data consistency, smaller teams advantage.
19:42 Generative AI analyzes sports data for insights.
22:56 Personalized financial products using reliable data.
23:56 Credit Karma Intune boosts external and internal productivity.
28:02 Peak data reached; synthetic data becomes crucial.
30:36 Recap available on your everydayai.com.

Keywords:
Generative AI, Data Usage, Data Accuracy, High-Quality Data, AI Implementation, Brand Reputation, Small Business Data Management, Data Systems, Trusting Data Sources, Everyday AI Podcast, Microsoft Partnership, Barr Moses, Monte Carlo, Data Downtime, Data Issues, Data Products, Data Observability, Data Adoption Forecast, Smaller Team Advantages, Microsoft WorkLab Podcast, Data Quality Monitor Recommendations, AI and Data Integration, Personalized Financial Products, Coding Assistants, AI for Compliance Reporting, Large Language Models, Synthetic Data, Real-World Data, Data Governance, Data Quality Management.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more