CHINA – 2023/11/03: Cryptocurrency and AI (Photo Illustration by Budrul Chukrut/SOPA … [+] Images/LightRocket via Getty Images)
SOPA Images/LightRocket via Getty Images
Data is the foundation of modern business strategy and the fuel for AI applications. It drives decision-making, optimizes operations, and creates personalized customer experiences, enabling businesses to stay competitive in a rapidly evolving digital landscape. Decentralized AI (DeAI) has been gaining significant attention recently because it presents a potential solution to the drain of data, and the “black box dilemma” faced by centralized AI systems – the lack of transparency in how data is collected, processed, and utilized.
For AI development, data collection is the first and most critical step. This article identifies data collection challenges and explores how a decentralized approach, leveraging…
