
Data quality stands as the silent executioner of enterprise AI initiatives, responsible for an estimated 60-73% of AI project failures. This article presents a comprehensive economic framework for understanding, measuring, and mitigating the costs of substandard data in AI systems. Drawing on fourteen years of enterprise software development and seven years of AI research, I examine the hidden cost multipliers that transform minor data quality issues into multi-million dollar failures.
AI economics, ROI analysis, machine learning costs, data quality, enterprise AI, data governance, data cleaning
AI economics, ROI analysis, machine learning costs, data quality, enterprise AI, data governance, data cleaning
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