Weaknesses in public data threatens predicted AI gains

Recent research from the Open Data Institute suggests that the rapid growth of artificial intelligence faces significant threats due to a shortage of high-quality data, a fundamental issue restricting AI’s potential across numerous sectors.

Poor-quality data significantly hampers AI’s capabilities, causing inaccuracies, biases, and operational inefficiencies. The consequences are particularly severe in sectors such as property, urban planning, and public services, where errors can have profound implications. Additionally, low-quality datasets often perpetuate systemic biases, leading to discriminatory outcomes affecting marginalised groups. These ethical risks also translate into operational, regulatory, and reputational dangers for businesses and public institutions.

All organsaitions need rigorously quality-controlled datasets to directly tackle these challenges. Doorda’s approach ensures organisations can access diverse, reliable data, reducing biases and significantly enhancing AI system performance. By filling critical data gaps, we empower organisation of all sizes to innovate responsibly.

We also recognise the inequality created by uneven access to quality data, disadvantaging smaller organisations and stifling competition.

Areas of Greatest Concern:

• Urban Planning: Ineffective data leads to inadequate city planning and infrastructure development.
• Financial Services: Faulty data undermines financial predictions and risk assessments.
• Ethical Risks: Biased data causes discriminatory AI outcomes, harming marginalized populations.
• Operational Risks: Poor-quality data increases regulatory and reputational risks for businesses.

High quality data isn’t easy to generate as it requires a deep understanding of the source, usage terms and delivery mechanism to match. Our expertise in open data ensures continuous improvement in data quality, accessibility, and reliability, essential for sustainable AI growth. By championing responsible data practices, Doorda enables ethical AI innovation, ensuring equitable and sustainable benefits for all stakeholders.

Read more from the ODI findings here Fundamental issues – including shortage of high-quality data – threaten the AI boom