Recently, I suggested you need to “mind the gap” between data and analytics. This perspective addresses another gap — the gap in skills between business intelligence (BI) and artificial intelligence/machine learning (AI/ML).
There’s a lot of hype surrounding AI/ML, and for good reason too. Our research shows that the interest in AI/ML is justified. Organizations using AI/ML report it has helped them gain a competitive advantage, improve
We’ve seen the rise of augmented intelligence and the use of autoML and other automated analytics based on AI/ML, in part to help address this skills shortage. However, augmented intelligence should not be considered a substitute for robust data science activities. Many situations still require a dedicated, highly skilled data science team for production-quality AI/ML deployments where “good enough” is not good enough.
The complicated nature of building and maintaining AI/ML models requires knowledge of many different algorithms, each with many different parameter settings. Even with hyperparameter optimization included in many AI/ML platforms to speed up the process of finding the optimal parameters to use, there are many steps in the process that require data science expertise. Data preparation remains a critical step, requiring knowledge of how data should be prepared for each algorithm. For instance, does the algorithm require continuous or discreet inputs? If it requires discreet inputs, should the intervals contain equal populations or equal ranges of values? Not only must the data be prepared properly, but it must also be evaluated for bias. If bias exists in the data, it will be reflected in the models it produces. What about overfitting — the generation of a model that corresponds too closely to the data set? Overfit models struggle to perform accurately over unseen data.
For these reasons, we assert that through 2025, AI and machine learning approaches will remain largely independent of business intelligence approaches, requiring three-quarters of organizations to maintain multiple,
Organizations need to understand where they may have a gap in skill sets and make realistic plans for the AI/ML deployments. They should also stay on top of technology trends and advances. This segment of the market is changing rapidly. But for the near term, tread lightly on turning over all AI/ML to automated processes. Anticipate the need for a dedicated, highly skilled data science team for production-quality AI/ML deployments where “good enough” is not good enough.
Regards,
David Menninger