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.
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Oleh Ivchenko (Thu,) studied this question.
www.synapsesocial.com/papers/699011712ccff479cfe581ad — DOI: https://doi.org/10.5281/zenodo.18624306
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Oleh Ivchenko
Odessa National Polytechnic University
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