Artificial Intelligence (AI) is a rapidly growing field that has the potential to revolutionize the way we live and work. However, since 85% AI projects fail according to a Gartner report, building better AI is not a simple task. It requires careful planning, attention to detail, and a commitment to excellence. In this blog, we will explore some of the key strategies that can help you build better AI, including training and labeling iteratively, relying more on consensus, specializing your humans, and using AI-assisted labeling.

Train and Label Iteratively

One of the most important things you can do to build better AI is to train and label your data iteratively. This means that you should start with a small amount of data, train your AI model on that data, and then gradually add more data as you go. This allows you to refine your model over time, ensuring that it is accurate and effective. When labeling your data, it is important to be consistent and accurate. This means using clear and concise labels that are easy to understand and apply. You should also consider using multiple labels for each data point to ensure that your AI model has a thorough understanding of the data.

Rely More on Consensus

Another important strategy for building better AI is to rely more on consensus. This means that you should use multiple sources of data and multiple experts to ensure that your AI model is as accurate and effective as possible. By relying on consensus, you can reduce the risk of bias and ensure that your model is representative of the broader population.

Specialize Your Humans

Another key strategy for building better AI is to specialize your humans. This means that you should use experts in specific domains to label and train your data. By using experts in specific domains, you can ensure that your data is accurate and that your AI model is effective in that domain. This is particularly important when working with complex or specialized data, such as medical records or legal documents.

AI-Assisted Labeling

Finally, using AI-assisted labeling can be an effective strategy for building better AI. This involves using AI algorithms to assist in the labeling process, reducing the amount of time and effort required to label large datasets. AI-assisted labeling can also help to ensure consistency and accuracy in the labeling process, improving the overall quality of your AI model.

In conclusion, building better AI requires a combination of strategies, including training and labeling iteratively, relying more on consensus, specializing your humans, and using AI-assisted labeling. By using these strategies, you can ensure that your AI model is accurate, effective, and representative of the broader population.