Artificial intelligence (AI) is a divisive topic, and many myths have emerged in the media, on social platforms and even in academia. Some people fear that implementing AI in business would end the need for any human workforce, while others see nothing more than a buzzword. It can be hard to separate fear mongering from fact.
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While machine learning has been around for decades, it has swiftly become a major buzzword in recent years. Following in the footsteps of 'digital transformation', many businesses are struggling to comprehend the intrinsic value of machine learning and the ways in which it can be implemented successfully.