Almost two-thirds of organizations are uncertain about their data management practices for AI, which could lead to 60% abandoning AI projects by 2026. Richard Masters from Virgin Atlantic emphasizes the importance of using AI to enhance passenger experience and operational efficiency. His company has utilized AI for many years, including predicting flight loads and analyzing revenues. He notes a significant turning point with the release of ChatGPT, which made AI tools more accessible throughout the organization. This rapid evolution in statistical analysis allows for more sophisticated business benefits from AI usage.
Richard Masters of Virgin Atlantic states, 'We want people to have a great experience on the plane, and exploiting AI is about whatever we need to do to deliver those objectives.'
Masters highlights the gradual evolution of statistical analysis through AI, noting, 'Now we notice that evolution keeps getting quicker and quicker.'
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