AI Tools and Their Limitations
According to Vexoo Labs, a leading deep-tech company, most artificial intelligence systems are plagued by the issue of ‘hallucination’. This flaw makes these tools unreliable for use in India’s small and medium-sized enterprises (MSMEs), particularly in the manufacturing sector. Vexoo Labs emphasizes that their AI solutions are tailored for the ‘real world’, addressing the unique needs of these businesses.
Many companies have rushed to adopt AI technology, but Vexoo Labs warns that not all AI systems are equipped to handle the complexities of real-world applications. The term ‘hallucination’ refers to the tendency of AI to generate misleading or inaccurate information. This poses significant risks, especially for small manufacturers that rely on data-driven decisions. Vexoo Labs advocates for solutions that understand and align with the practical realities faced by Indian MSMEs, ensuring that these businesses can harness the power of AI effectively.