ChatGPT can be wrong often due to "AI hallucinations," where it generates plausible-sounding but incorrect information. This happens because it is designed to predict tokens and generate responses, not always to ensure accuracy. Other factors include limitations in training data, difficulty handling large or complex datasets, reliance on user input for context, and lack of specialized business knowledge. These limitations can lead to inaccuracies and misunderstandings in the responses provided.
While AI tools for business enhance efficiency by automating routine tasks and providing deep insights, they are designed to augment rather than replace human analysts. AI can handle repetitive tasks, allowing analysts to focus on more strategic ad hoc analysis.
You can connect a wide range of data sources, including Google Analytics 4, Google Ads, Google Search Console, Facebook Ads, HubSpot, and Salesforce, among others. It also supports CSV and Excel files, making it versatile for AI data analytics. Enterprise customers can request custom data integrations.
The AI Data Analyst supports multiple languages, ensuring that users from diverse regions can benefit from its powerful AI data analytics capabilities. For example, you can ask questions using:
Yes, AI Data Analyst includes an AI Chart Generator feature that can create charts and graphs from your data, facilitating easy data visualization and interpretation.
Narrative BI's AI Data Analyst is tailored for business-oriented AI analytics, providing precise, context-aware insights from structured data sources. Unlike ChatGPT and other LLMs, it excels in handling large datasets and offers accurate ad hoc analysis without "AI hallucinations." It supports direct connections to various data sources like Google Analytics 4 and Hubspot, ensuring seamless data integration.
For complex, multi-dimensional datasets the hallucination rate can reach 46%, measured by comparing ChatGPT responses to actual data in the dataset.
Narrative BI prioritizes data security, implementing robust measures to ensure that your data remains safe. This includes encryption, access controls, and regular security audits to protect sensitive information during AI data analytics processes. Also, inactive AI Data Analyst chats are automatically archived after two hours. Narrative BI is GDPR compliant, allowing you to delete your data sources anytime, with all insights and metadata removed from our servers. You can also opt out of AI-powered features, and we only load necessary contextual metadata for AI Data Analyst.
AI Data Analyst is an advanced tool that leverages AI data analytics to provide actionable insights from your data. It allows you to upload spreadsheets or directly connect various data sources, ask questions using natural language queries and quickly get AI answers.
Yes, AI Data Analyst can analyze Excel data. Once you upload your Excel or CSV files, it uses advanced AI data analytics to process and interpret the information. The tool generates insights, performs ad hoc analysis, and creates visual representations through its AI chart generator, making it easy to understand.
