Abhishek Mittal, Wolters Kluwer Vice President, Data Analytics and Operational Excellence for the Governance, Risk & Compliance division, recently authored an article in AiThority that applied the four Vs of big data – variety, volume, velocity, and veracity – to the effective use and value of artificial intelligence (AI). In this article, he details how each of these concepts applies to the successful building of AI solutions for the legal industry. His advice includes:
- Variety – Using datasets across industries and different sets of guidelines and policies
- Volume – Ensuring access to a continual stream of data
- Velocity – Realizing that efficiency, in addition to speed, improves decision-making
- Veracity – Conveying that the conclusions of the AI solution can be trusted is the only way to garner adoption
You can read the full article here.
