The buzz around artificial intelligence (AI) is loud and growing—and for good reason. Maybe you’ve already used an AI tool to transcribe a video call or pore through reams of research to find just the right citation in seconds. If so, you already know how these new AI capabilities can easily accomplish tasks that were just too labor intensive or not technically feasible until now.
One of the most promising opportunities of AI—and a big one that colleges and universities should be laser-focused on—is the ability to create new streams of data and intelligence.
One of the most promising opportunities of AI—and a big one that colleges and universities should be laser-focused on—is the ability to create new streams of data and intelligence. AI has the potential to fast-forward your institution’s transition to data-driven decision-making, so you can move confidently from thought to action with insights that just weren’t possible before.
In the past, we’ve used very basic techniques to catalog and categorize data. As just one example, think about how you measure the strength of your brand. Today marketers can categorize social media posts and tweets in a rudimentary way using keywords to get a feel for how a brand is being received.
This is known as sentiment analysis, and for humans, it is both time-consuming and limiting.
For instance, let’s say you search for sentiment cues using pre-selected keywords (examples: like, love, best, worst, hate). You may be missing other keywords that could have something valuable to tell you. Was the tweet about a competitor? Was that post a feature request? Are you missing a support issue? A compliment? A comparison?
What makes AI so well-suited for tasks like this is machine learning and its flexibility to understand context. Because AI can recognize context, we can now analyze beyond keywords in way we couldn’t before. We can use AI to answer questions like:
One of the most exciting opportunities with artificial intelligence in higher education is the ability to create new streams of data that weren’t quantifiable before, giving schools more ways to collect, connect and activate data as intelligence. Here are some examples where AI can make data more impactful across campus:
These new streams of intelligence can drive new types of insight that simply weren’t functionally (or financially) possible before.
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