5 Data Mining Trends In 2023
Datamation, Thursday, November 9,2023
Data mining can bring enormous value to organizations that do it well, but how it's done-and how it is received-is changing as a result of evolving technologies, consumer data concerns, and some public malpractice. Here are the trends driving enterprise data mining efforts in late 2023 that organizations need to be aware of when planning their own data mining strategies.
Using Generative AI To Extract And Mine Data
Generative artificial intelligence (AI) tools like ChatGPT have changed the technology landscape in the past year. These tools can summarize materials at a larger scale and greater speed than can be done manually or using conventional means, making it easier to extract relevant information. A number of vendors have already released data mining plugins for generative AI products that significantly reduce the time and effort involved.