The true engine of artificial intelligence, particularly within the vast and complex industrial landscape, is not just sophisticated algorithms but the quality and accessibility of data itself. This pivotal insight formed the core of the discussion between Jake Loosararian, Co-Founder and CEO of Gecko Robotics, and Scott Wapner on CNBC's "Closing Bell Overtime." Loosararian, whose company recently achieved unicorn status and was recognized on CNBC's Disruptor 50 list, articulated the essence of his Fortune piece, "AI's dirty secret: without data, it's just math tricks," emphasizing that AI's transformative potential remains untapped without foundational data.
Loosararian spoke with Wapner about the critical role data plays in sectors like energy, manufacturing, defense, and public infrastructure. He highlighted a fundamental bottleneck: "If you don't have great data sets, especially in these sectors like energy, manufacturing, defense, public infrastructure, it just is impossible to be able to use your incredible algorithms to create efficiencies." This isn't merely about having data, but about having *great* data—comprehensive, accurate, and actionable information that can truly fuel AI's capabilities. Without it, even the most advanced algorithms are like high-performance engines without fuel.
