The impact of AI on the investigative industry

In 2023, the use of Artificial Intelligence (AI) experienced significant growth across various industries, including investigations. As many know, we at AnotherDay heavily invest in data platforms and AI is no exception.

Below, we summarise the benefits and implications this may have on the investigative industry.
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Benefits

AI's adoption surged due to its capabilities in processing vast amounts of data, identifying patterns, and automating repetitive tasks.

In investigations, this growth manifested in several ways:

Enhanced efficiency

‍AI-powered tools enabled investigators to process large volumes of data more efficiently than ever before. Tasks such as data analysis, document review, and information retrieval could be automated, freeing up investigators' time for more critical decision-making processes.

Improved accuracy

‍AI algorithms demonstrated the ability to analyse data with a high level of precision, reducing the risk of human error in investigations. This improved accuracy could lead to more reliable findings and conclusions, enhancing the overall quality of investigative outcomes.

Advanced predictive analytics

‍AI's predictive analytics capabilities allowed investigators to forecast trends, anticipate potential threats, and prioritize leads based on their likelihood of yielding actionable intelligence. This predictive approach could optimize resource allocation and streamline investigative workflows.

Cost reduction

‍By automating routine tasks and streamlining processes, AI contributed to cost savings in investigations. Organsations could achieve more with fewer resources, making investigations more cost-effective and accessible.
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Concerns

However, alongside these positive developments, the growing use of AI in investigations also raised concerns:

Ethical and legal challenges

‍‍The use of AI in investigations raised ethical questions regarding privacy, bias, and transparency. Concerns about the fairness and accountability of AI algorithms prompted calls for greater regulation across many industries and oversight to ensure ethical standards were upheld.

Potential for misuse‍

‍The power of AI to analyse large datasets and generate insights also raised concerns about the potential for misuse or manipulation. There were fears that AI-generated information could be exploited for malicious purposes, undermining the integrity of investigations.

Skills gap

‍‍The widespread adoption of AI in investigations highlighted the need for investigators to acquire new skills and competencies. Organisations faced challenges in training their workforce to effectively leverage AI tools and integrate them into existing investigative practices.

While the use of AI in investigations can offer significant benefits in terms of efficiency, accuracy, and cost-effectiveness, it also presents challenges related to ethics, regulation, and the use of investigative support - which we will keep a keen eye on.

Balancing these opportunities and risks will be crucial for making the most of AI while mitigating the potential negative consequences.

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For more on artificial intelligence, the future of investigations and more, join us in our new series – Sightlines – as we we look ahead at what will likely shape the geopolitical and global risk landscape in the coming years.

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