Machine Learning Misconceptions - Infographic from our Expert Consensus -

Machine learning offers an opportunity to leverage competition and new forms of collaboration in order to yield new products, services, and entire business models… but machine learning misconceptions run rampant. In such a nascent niche, it's helpful to gather expert consensus in how best to apply machine learning in business. As a company, it's tempting to see other businesses yielding tangible results from applying'machine learning' technologies and to want to immediately jump on the boat. But good business sense also dictates not getting involved in a new venture before having done due diligence in understanding what a technology is – the potential capabilities and limitations, risks and rewards, and relevance in context to what a particular company produces or provides. "What do you believe to be the biggest misconception that executives and businesspeople have in applying machine learning to business opportunities?"