Understanding the Limits of AI

There's no denying that artificial intelligence is having a huge impact on our lives. According to PwC, AI will add $16 trillion to the world's economy over the next 10 years as automated decision-making spreads widely. Despite this incredible impact, AI doesn't bring much value for some problems, like predicting a viral pandemic, forecasting the winner of the presidential election, or servicing clients with diverse needs, experts say. Data is, of course, the rootstock for all forms of AI, whether it takes the form of a basic search engine or a self-driving car. But it turns out that some data are quite hard to come by, even for some of the most high-impact events.