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Dirty Data, Big Losses: Unlocking AI Success with Clean Data

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Manage episode 471404824 series 3651205
Content provided by The AI Guides - Gary Sloper & Scott Bryan, The AI Guides - Gary Sloper, and Scott Bryan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The AI Guides - Gary Sloper & Scott Bryan, The AI Guides - Gary Sloper, and Scott Bryan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

n this Macro AI Podcast episode, hosts Gary and Scott explore why clean data is key to AI success, offering practical tips for business leaders and tech details for enthusiasts. They cover real-world examples, the cleaning process, and trends like synthetic data, equipping listeners to implement effective strategies.

Why Clean Data Matters

Clean data underpins reliable AI. Gary and Scott share examples: a retailer mismanaging inventory due to inconsistent location data, or healthcare errors from duplicate records. Dirty data—missing or inconsistent—leads to poor AI predictions and financial losses. For tech listeners, they know how it disrupts machine learning, affecting loss functions and model convergence, making quality data essential.

The Data Cleaning Process and Industry

The hosts outline a five-phase cleaning process: analyzing data, defining rules, verifying, transforming, and integrating. Big data’s volume and variety complicate this, but tools like Cleanix (parallel processing) and HoloClean (probabilistic inference) help. The data cleaning industry—engineers, scientists, and firms—is critical, with 40-50% of data budgets spent here. Leaders are urged to prioritize governance for quality.

HoloClean: http://www.holoclean.io/

Synthetic Data and Conclusion

Synthetic data is highlighted as a fix when real data is limited, like simulating sensor data for self-driving cars. The episode wraps up stressing clean data’s role in AI success, offering steps to achieve it—invest in tools, talent, and explore synthetic options—making it a must-listen for leveraging AI.

Send a Text to the AI Guides on the show!

About your AI Guides

Gary Sloper

https://www.linkedin.com/in/gsloper/

Scott Bryan

https://www.linkedin.com/in/scottjbryan/

Macro AI Website:

https://www.macroaipodcast.com/

Macro AI LinkedIn Page:

https://www.linkedin.com/company/macro-ai-podcast/

  continue reading

16 episodes

Artwork
iconShare
 
Manage episode 471404824 series 3651205
Content provided by The AI Guides - Gary Sloper & Scott Bryan, The AI Guides - Gary Sloper, and Scott Bryan. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The AI Guides - Gary Sloper & Scott Bryan, The AI Guides - Gary Sloper, and Scott Bryan or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

n this Macro AI Podcast episode, hosts Gary and Scott explore why clean data is key to AI success, offering practical tips for business leaders and tech details for enthusiasts. They cover real-world examples, the cleaning process, and trends like synthetic data, equipping listeners to implement effective strategies.

Why Clean Data Matters

Clean data underpins reliable AI. Gary and Scott share examples: a retailer mismanaging inventory due to inconsistent location data, or healthcare errors from duplicate records. Dirty data—missing or inconsistent—leads to poor AI predictions and financial losses. For tech listeners, they know how it disrupts machine learning, affecting loss functions and model convergence, making quality data essential.

The Data Cleaning Process and Industry

The hosts outline a five-phase cleaning process: analyzing data, defining rules, verifying, transforming, and integrating. Big data’s volume and variety complicate this, but tools like Cleanix (parallel processing) and HoloClean (probabilistic inference) help. The data cleaning industry—engineers, scientists, and firms—is critical, with 40-50% of data budgets spent here. Leaders are urged to prioritize governance for quality.

HoloClean: http://www.holoclean.io/

Synthetic Data and Conclusion

Synthetic data is highlighted as a fix when real data is limited, like simulating sensor data for self-driving cars. The episode wraps up stressing clean data’s role in AI success, offering steps to achieve it—invest in tools, talent, and explore synthetic options—making it a must-listen for leveraging AI.

Send a Text to the AI Guides on the show!

About your AI Guides

Gary Sloper

https://www.linkedin.com/in/gsloper/

Scott Bryan

https://www.linkedin.com/in/scottjbryan/

Macro AI Website:

https://www.macroaipodcast.com/

Macro AI LinkedIn Page:

https://www.linkedin.com/company/macro-ai-podcast/

  continue reading

16 episodes

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