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A Gartner study has found that 85% of AI projects fail due to bias in data, algorithms, or the teams responsible for managing them. Eran Shlomo, co-founder and CEO of Dataloop, recommends starting AI projects without thinking about the models, as most of the data needed to perform optimally is not available to the development team. Organizations must take the time to understand the scope of work involved in AI projects to ensure success.
