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7 famous analytics and AI disasters

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7 famous analytics and AI disasters

Image credit: IDG / Stephen Sauer. Article by Thor Olavsrud. CIO – April 15, 2022.

Insights from data and machine learning algorithms can be invaluable, but mistakes can cost you reputation, revenue, or even lives. These high-profile analytics and AI blunders illustrate what can go wrong.

In 2017, The Economist declared that data, rather than oil, had become the world’s most valuable resource. The refrain has been repeated ever since. Organizations across every industry have been and continue to invest heavily in data and analytics. But like oil, data and analytics have their dark side. […]