But does AI need your data? There is a tendency these days to see all data as potentially valuable for AI, but that isn’t really the case. Yes, data, like oil, is used day-to-day to operate your prediction machine. But the data you are sitting on now is likely not that data. Instead, the data you have now, which your company accumulated over time, is the type of data used to build the prediction machine — not operate it.
Ajay Agrawal, Joshua Gans, Avi Goldfarb — HBR