If your data EQ is low, your AI strategy will fail

OBSERVATIONS OF THE FINTECH SNARK TANK

Bankers want to discuss AI strategy. They’re excited about chatbots, machine learning models, generative AI tools, and AI agents that promise to revolutionize everything from customer service to underwriting. What she not What I want to talk about, however, is their data chaos.

The Inconvenient Truth About AI Strategy

AI does not create insights out of nothing. It reinforces what you already have – including your weaknesses. Give it messy data and you’ll get messy results. When you feed in incomplete data, you get incomplete insights. Feed it data from isolated systems that don’t communicate with each other and you get an AI that can’t see the whole picture.

According to a new Data EQ (execution quality) study from Cornerstone Advisors and Klarivis, most…