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.
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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.