AI and The Data Revolution - How to really leverage the tools and stop AI-washing | Laura Madsen

With everybody just throwing ChatGPT and its brethren at any
given problem in high hopes of a miracle solution. The AI
revolution is in full swing. But does this really take us all the
way to the promised land of not having to do repetitive work
anymore?


In this episode, your host Christian Krug has a conversation with
Laura Madsen, Chief Blow Shit Up Officer at Moxy Analytics.


The AI struggle begins already in the first place. Your
definition of AI! Because we all associate different technologies
or solutions with that term. And with everybody beating around
the bush with the buzzword, not admitting, they have no clue, we
have come to a point where AI washing is all around.


Solution and software vendors claim their tools are incorporating
AI just to get better sales figures. Unfortunately, it works all
too well.


So if we are confronted with AI we should have a closer look at
what’s really inside and if it’s necessary to get the job done.


On the other hand, not every company out there has to become an
AI company now. You can very conveniently stick to your current
business model and implement AI for some of your processes to get
support there. Just like digitalization did change quite some
processes and companies, AI will do quite soon.


Just keep in mind that good AI starts with good Data! There is no
way around this. Each model can only be as good as the data you
fed in. We have comer from “shit in, shit out” to “shit in,
bullshit” out.


But what does this mean to the data people? You are the
frontrunners of the AI implementations and Governance is key. So
if you did your “homework” over the last decades and built up a
solid data repository or warehouse, you have a great starting
point. Then you need to tackle the topic of unstructured data and
you are almost good to go.





For all the others: It’s high time to catch up if you do not want
to perish!


But don’t worry, we are here to help!





Profiles:





Laura’s LinkedIn: https://www.linkedin.com/in/lauramadsen/





Christian at LinkedIn:
https://www.linkedin.com/in/christian-krug/





Unf*ck Your Data at Linkedin:
https://www.linkedin.com/company/unfck-your-data





Merchshop:





https://unfckyourdata-shop.de/


Book recommendation:





Laura’s book recommendation: Artificial Intelligence: A Guide for
Thinking Humans - Melanie Mitchell





The “UYD” bookshelf at Melena’s store:
https://gunzenhausen.buchhandlung.de/unfuckyourdata





Where to find UN#CK YOUR DATA:





Podcast at Spotify:
https://open.spotify.com/show/6Ow7ySMbgnir27etMYkpxT?si=dc0fd2b3c6454bfa





Podcast at iTunes:
https://podcasts.apple.com/de/podcast/unf-ck-your-data/id1673832019





Podcast at Deezer: https://deezer.page.link/FnT5kRSjf2k54iib6





Video Podcast at Youtube: https://www.youtube.com/@unfckyourdata








Contact:





E-Mail: christian@uyd-podcast.com





Timestamps:





00:00 Introduction and Background


01:44 The Challenges of AI and Large Language Models


04:36 Bridging the Gap Between Structured and Unstructured Data


07:59 Defining AI Within the Context of Each Company


10:16 Not Every Company Needs to Become an AI Company


21:30 The Importance of Data Quality in AI


23:16 Understanding AI and Data Governance


25:18 The Potential Benefits and Risks of AI


36:41 Starting with a Special Ops Team to Learn About AI