Fraud detection, personalized marketing, product recommendation, fraud detection, fraud detection, fraud detection, fraud detection, fraud prevention, fraud mitigation, personalization of marketing materials, customer service via chatbots. These applications will be successful if you invest in the AI training process. (1) (2)
What is AI training?
Training your AI model in artificial intelligence is the process of teaching it to correctly decipher data, which prepares you for real-life tasks.
You can be confident that your AI algorithm will make correct decisions when you use the test data. These are some amazing tips to make your AI training more efficient.
1. Annotate data accurately
Annotating test data accurately is the first step in setting up your AI project to succeed. Data annotation is the act of adding information to data in order to allow computers to process it.
To annotate images, for example, you could draw 2D bounding box around the relevant objects in the image. Imagine a busy street filled with cars and pedestrians.
Red boxes can be used for trucks, yellow for saloon cars and green for pedestrians. Purple boxes can be used for street furniture. You will need reliable annotation platform to achieve this.
The site offers a variety of labeling tools, the ability to create custom operators, ease-of-use, compatibility with various data forms (image, video, audio and PDF), and quality assurance.
Your AI training will be more efficient if you use this site. Experts refer to this as the foundation for AI-powered technology. (3)
2. High-quality data is Essential
You must not only ensure accurate annotation but also that test data is of high quality. It is the old computer science rule that garbage in, garbage out. You shouldn’t expect an AI algorithm to make meaningful decisions if it is given substandard data in the training phase.
The test data should at least be comparable to the actual-life application of your AI software. Don’t mix a lot of high-quality data with low-quality data. You can compromise the outcome of the whole AI training process by adding tiny pieces of garbage to it.
3. Learn from your Mistakes
Artificial intelligence training is a trial and error process. Don’t expect to be able to do everything perfectly the first time. It is not unusual to make mistakes in AI training.
Your AI algorithm might not correctly interpret data, for example. Instead of giving up, look into the possible causes. This is how to improve your skills in creating error-proof AI models.
4. Invest in top-quality Hardware
Big data processing takes a lot of computing resources. Your everyday PC may not be able to handle large amounts of data.
To avoid technical issues, you should invest in high performance Graphics Processing Units. Graphic rendering can be slower using CPUs because they have fewer cores than GPUs which have thousands. (4)
5. Cloud-based hardware Available to Rent
The cost of investing in AI training hardware could run into the hundreds of thousands. Renting cloud hardware from well-respected providers is an option if your company doesn’t have the funds.
This is much cheaper than purchasing your own hardware. You will also need machine-learning software. You can also consider the cloud-based services.
6. Hire competent Developers
If there isn’t someone capable of overseeing the AI training process, even the most sophisticated hardware and software, it won’t be much use. Start a search for the best talent. But, it is important to note that AI talent can be scarce.
Many big tech companies will hire developers with extensive experience and offer them annual salaries of between USD$300,000.000 to 500,000. You can still get skilled developers to work for you if you try your luck. (5)
AI training is essential to ensure your AI model correctly interprets data and makes informed decisions. You need high-quality data to train your AI model.
Also, it is important to accurately annotate the data and invest in high performance hardware, software and developers. Remember that this is a trial-and error process. It takes patience to get the desired result and reap the benefits from artificial intelligence.