Alter Everything 183: Getting Real Business Value from AI
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Apr 23, 2025 Scott Jones, a principal analytics consultant at DCG Analytics, and Treyson Marks, the managing partner at the same firm, dive into the fascinating world of AI. They unveil common misconceptions and stress the importance of high-quality data for ethical AI usage. The duo discusses how Alteryx can streamline data pre-processing, making analytics user-friendly for everyone. They also explore real-world applications, demonstrating how AI significantly boosts decision-making and data analysis across various industries.
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The Evolution and Scope of AI
- AI has existed for decades but gains public recognition as it becomes more accessible and advanced.
- It includes various forms such as large language models, image creation, and robotic expert systems.
AI Helps Farming Efficiency
- Scott described harvesters using GPS and AI to optimize corn harvesting.
- The AI learns routes and speeds to improve efficiency without ongoing human input.
Humans Remain Essential
- AI currently cannot solve every problem or replace human expertise.
- Humans are essential for debugging AI outputs and ensuring results make sense.