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Navigating the Challenges of Monetizing Data with AI: Quality, Governance, and Caution
It is those businesses that look to put the right foundations in place today that will be best placed to truly maximise value in the future, writes Akber Datoo, CEO, D2 Legal Technology.
Updated February 09, 2024 / Original February 09, 2024
By Akber Datoo
CEO, D2 Legal Technology
February 09, 2024 | 11:03 AM GMT
According to Investopedia, four of the world’s top five companies in terms of market capitalisation are data companies. And while the explosion in uptake of Generative AI is encouraging many businesses to look to cash in by monetising their data, is it really that easy? From data accuracy to data ownership, the cost of data storage and maintenance, poorly managed data can be as much a liability as an asset.
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