WHERE IS BUSINESS VALUE HIDING IN AI? — Learn free

Self-check

Questions 1–10 of 10

1. According to Bill Inmon, what have AI vendors promised businesses about bringing AI into the corporation?
Question 1A. That AI will replace the board of directors in making business decisionsB. That AI is best left to the technicians in the IT departmentC. That AI can do anything, makes everything easy and brings money inD. That AI pays back only after a long and costly programme of staff retrainingE. That AI results can always be measured accurately within the first year
2. Why does Bill Inmon call questions such as "Is my plane late?" or "What is IBM's stock price?" convenience information?
Question 2A. They matter to the asker but have little value for a business decisionB. They are too difficult for public AI to answer correctly every timeC. They always involve confidential company data from the firms namedD. They are asked only by technicians and never by managersE. They give a corporation a lasting advantage over its competitors
3. Why does Bill Inmon say that using the public AI environment gives a corporation no competitive advantage?
Question 3A. Public AI is too slow to be used for serious business workB. Competitors are usually less clever than the corporation's own staffC. Public AI vendors charge large corporations higher fees than small onesD. The data is available to anyone, so competitors can find the same dataE. Public AI always gives wrong answers to business questions
4. Which reason does Bill Inmon call the most important one for not looking for business value in the public AI environment?
Question 4A. Public AI cannot answer questions about stock prices, the news or the weatherB. Confidential data such as strategy and budget must never reach the public domainC. Public AI is too expensive for most corporations to use at any real scaleD. Public AI is used only by technicians and not by decision makers in businessE. Public AI cannot create presentations or hold a conversation with the user
5. According to Bill Inmon, what happens to company confidential data that is placed on the corporate AI environment?
Question 5A. It is shared with the AI vendor so the vendor can improve its modelsB. It must first be copied into the public domain to be usefulC. It is deleted automatically after every question is answeredD. It is made available to competitors under a paid licence agreementE. It never has to leave the corporation, so its privacy is protected
6. Why does Bill Inmon say that doing AI processing on the corporate AI environment meets internal corporate political obstacles?
Question 6A. Staff in most corporations refuse to use any kind of AI on principleB. The board of directors has formally banned the use of corporate data for AIC. It goes against what the AI vendor, who has the ear of top management, advisesD. It is a legal offence in most countries to run AI inside a corporationE. Data administrators are paid more than the managers who approve the work
7. If AI processing is done within the boundaries of the corporation, who does Bill Inmon say must manage and operate it?
Question 7A. Local staff, with the data administrators best positioned to take on the roleB. The staff of the AI vendor, working on site for the length of the contractC. The board of directors, supported by a small standing committee of executivesD. Outside consultants hired afresh for each new project and then releasedE. Business users working alone, with no technical support from anyone
8. What does Bill Inmon say about the skills of a data administrator who has been with the corporation for 20 years?
Question 8A. The skills carry over unchanged to managing the corporate AI environmentB. The skills are no longer needed at all because AI manages itselfC. Only a short refresher course is needed to move to corporate AID. The skills are better suited to the public AI environment than to corporate AIE. The skills fit transaction processing, but corporate AI needs an entirely new skill set
9. Why does Bill Inmon compare the data administrator in the corporate AI world to a puppeteer?
Question 9A. The administrator has to perform in front of the board of directorsB. The administrator fixes every database error personally and by handC. The administrator adds each index to each database table directly by handD. The administrator shapes the information indirectly and has few hands on tasksE. The administrator must follow the AI vendor's instructions step by step
10. What does Bill Inmon give as the key to finding and sustaining business value with AI?
Question 10A. Buying the largest public AI service available from a leading vendorB. Building and managing the corporate LLM, where the business value is foundC. Asking the public AI more and better convenience questions every dayD. Waiting for AI vendors to lower their prices before investing furtherE. Following the way the Wall Street Journal measures the impact of AI