Top Questions Customers Have on AI - Insights & Explanations for Your Peace of Mind
Top Questions Customers Have on AI - Insights & Explanations for Your Peace of Mind
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Frequently Asked Questions About Artificial Intelligence (AI)
by Alina Sysko, Senior Solution Consultant
As organizations inch closer to maturity in their use of advanced artificial intelligence platforms, it is crucial to make these distinctions between what’s available on the market. The keys to successful AI and intelligent automation initiatives are setting clear goals, measuring success, and using AI with a specific purpose in mind.
Leaders in IT, automation, and artificial intelligence gathered in Berlin for the 2023 Intelligent Automation Summit this past November, gaining insight into the latest developments in innovation that are transforming how modern organizations pursue operational excellence in their business.
As a leader in purpose-built AI for intelligent automation, ABBYY hosted an informative session exploring how enterprises are putting their information to work with intelligent document processing (IDP) to drive efficiency. I was honored to lead that session.
As an example, I walked through ABBYY’s success with leading brewery group Carlsberg , who saved 140 hours of work a month by achieving a touchless order processing rate of 92 percent using ABBYY IDP. Not only did this transform Carlsberg’s order and delivery process, but it drastically enhanced visibility of end-to-end operations overall.
This understandably piqued the interest of IA Summit attendees, who demonstrated curiosity in the nuances of artificial intelligence such as machine learning, large language models (LLMs), and ABBYY’s position in the current AI landscape.
Here’s what customers wanted to know, and the answers to their questions:
What is the difference between deep machine learning and fast machine learning, and what kinds of documents do they apply to?
Machine learning (ML) is the capability of advanced AI models to train and adapt to certain tasks via repetition to improve outcomes over time. Beneath this term are variants of machine learning that are applied to different contexts—two such variants are deep machine learning and fast machine learning.
Fast machine learning is an algorithmic-based approach that analyzes a relatively small quantity of data and rapidly accelerates its classification and clustering. This allows for more agile handling of large volumes of documents, such as invoices. While an organization might have previously had to build a database to manually classify tens and thousands of invoices, fast ML enables automated clustering and classification by quantifying the documents’ similarity. Fast ML is best used to handle large sets of similar documents.
Deep machine learning leverages neural networks to support a wider breadth of capabilities, such as image preprocessing, document layout analysis, and optical character recognition (OCR). Deep ML often processes larger sets of data and offers more variety in its output, including sentiment analysis or summarization. Deep ML is best applied when processing a variety of structured and unstructured data.
Intelligent Enterprise
Are Large Language Models (LLMs) the Future?
How is ABBYY different from OpenAI and other companies talking about LLMs and AI?
OpenAI is widely known for its generative AI platform ChatGPT, which became available to consumers in late November of 2022. ChatGPT quickly gained popularity due to its shocking versatility, accessibility, and responsiveness to plain-language inputs, thus sparking the influx of hype that took AI from a relatively niche technological interest to a colloquially well-known topic fit for dinner conversations and IT department meetings alike.
ChatGPT is a generative AI platform and an LLM, meaning it navigates vast stores of data to yield humanlike responses to text-based user queries. Despite its impressive nature, ChatGPT’s predisposition to purport and hallucinate misinformation has made it a contentious topic among AI stakeholders. This is a result of its general-purpose nature, as the platform struggles to accurately navigate its own massive knowledge base.
Here is where we’ll find the difference between the AI solutions of OpenAI and ABBYY. While OpenAI has prioritized a general-purpose AI model, ABBYY prioritizes specialized, or “purpose-built” AI.
ABBYY is a developer of specialized solutions that can be trained for contextual understanding and the accurate, autonomous extraction of critical information from business documents. By leveraging machine learning and natural language processing, ABBYY IDP solutions can be trained by processing volumes of documents to increase accuracy over time and reduce the need for manual intervention in business processes by humans. Training purpose-built AI platforms enhances their ability to handle increasingly complex and specific documents, making it more effective in yielding demonstrable business results without the added risks to privacy, ethics, and energy consumption associated with generative AI.
Navigating AI’s place in your organization
As organizations inch closer to maturity in their use of advanced artificial intelligence platforms, it is crucial to make these distinctions between what’s available on the market. The keys to successful AI and intelligent automation initiatives are setting clear goals, measuring success, and using AI with a specific purpose in mind. Considering the insightful questions asked by attendees at the 2023 Intelligent Automation Summit, it’s clear that many customers are on the right trajectory toward operational excellence.
Read more about ABBYY’s purpose-built and AI-driven intelligent document processing solution ABBYY Vantage .
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- Title: Top Questions Customers Have on AI - Insights & Explanations for Your Peace of Mind
- Author: Ronald
- Created at : 2024-10-09 19:10:55
- Updated at : 2024-10-14 22:15:14
- Link: https://solve-info.techidaily.com/top-questions-customers-have-on-ai-insights-and-explanations-for-your-peace-of-mind/
- License: This work is licensed under CC BY-NC-SA 4.0.