5 min.

Myths & Misconceptions: Why We Need to Rethink Artificial Intelligence and IDP

When people talk about Artificial Intelligence (AI), they often imagine humanoid robots that simulate emotions, read minds—or take over the world entirely. Movies like Ex Machina or I, Robot have heavily influenced our perception of AI, reinforcing persistent myths and misconceptions.

But what can AI actually do in real life—especially when it comes to Intelligent Document Processing (IDP)? In this article, we take a calm yet curious look at the real capabilities of AI today. We’ll debunk common clichés, explore real-world use cases, and show why it’s worth rethinking the topic—beyond science fiction and tech-fueled panic.

Between Sci-Fi and Reality: Why This Article Matters

Artificial Intelligence (AI) is on everyone’s lips right now. Not a day goes by without news of groundbreaking AI applications, revolutionary technologies, or futuristic developments. At the same time, wild ideas circulate about what AI supposedly can—or will do: machines that think like humans, systems that make better decisions than we do, or algorithms that wipe out entire jobs.

But much of this is wishful thinking—or fearmongering. Amid this chaos of fascination, concern, and half-knowledge, it’s difficult to keep track of things. That’s precisely why a realistic, well-founded, and understandable view of the topic is so important. Especially in business contexts, interest in AI is growing rapidly—particularly around business process automation.

This article aims to clarify, demystify, and replace speculation with substance. Because only those who understand how AI really works—and what it can’t do—can make informed decisions about its use.

The Myth of Omniscience: Why AI Is Not an All-Knowing Oracle

A widespread myth about Artificial Intelligence is that it’s omniscient. This misconception is particularly dangerous because it leads to unrealistic expectations—and in the worse case, to blind trust in systems that are themselves  based on probabilities and patterns.

The Reality: AI Is Data-Based—and Therefore Limited

AI systems learn from data. Put simply: If a concept wasn’t part of the training data, the system can’t process or predict it correctly. Even the most advanced language model or the most powerful IDP solution can’t provide “magical” answers. AI recognizes patterns—not meanings in the human sense.

This is especially true with IDP solutions: If the AI has never encountered a certain document structure, an unusual layout, or industry-specific terminology, mistakes are inevitable. That’s why ongoing training with company-specific data is essential.

Why This Matters in Practice

Business decision-makers need to understand: AI is a powerful tool, but it requires human guidance, correction, and training. Those who expect AI to be a miracle solution risk implementing inefficient processes and missing their actual goals.

Job Loss Through AI: Fear or Opportunity?

Few debates are as emotionally charged as the one about losing jobs to automation. The idea that intelligent machines might replace human workers fuels anxiety—particularly in administrative areas like accounting or the back office, where IDP systems are frequently used.

The Reality: AI Transforms Work

AI typically doesn’t replace entire professions—it automates specific tasks. Repetitive, rules-based, and manual activities are particularly affected—such as entering invoice data or checking forms. However, these tasks rarely define a job’s core purpose but are time-consuming necessities.

In the IDP field especially, automation frees employees to focus on higher-value work—for example, quality control, exception handling, strategic decisions, or customer interactions.

Embracing Change as Opportunity

Rather than viewing AI as a threat, businesses and employees should see it as an opportunity to evolve. Companies can gain efficiency and competitiveness, while staff develop skills in human-machine collaboration—a highly sought-after competence for the future.

One platform,
endless possibilities.

ExB is an Intelligent Document Processing platform that transforms unstructured data from any type of document into structured results. Our AI-based software can not only extract all relevant information from your documents, but also understand them. This allows you to automate your processes and save both time & money, while improving your customer experience and employee satisfaction. Win-win. 

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AI as a Threat to Data Privacy: What’s True—and What’s Not

Few debates are as emotionally charged as the one about losing jobs to automation. The idea that intelligent machines might replace human workers fuels anxiety—particularly in administrative areas like accounting or the back office, where IDP systems are frequently used.

The Reality: AI Transforms Work

AI typically doesn’t replace entire professions—it automates specific tasks. Repetitive, rules-based, and manual activities are particularly affected—such as entering invoice data or checking forms. However, these tasks rarely define a job’s core purpose but are time-consuming necessities.

In the IDP field especially, automation frees employees to focus on higher-value work—for example, quality control, exception handling, strategic decisions, or customer interactions.

Building Trust Through Accountability

Responsible AI means: no “black box” systems, but explainable, traceable decisions. Companies that commit to this approach not only gain the trust of customers—but also that of their employees.

“Generative AI is a tool that can be used for good or bad, and we need to be mindful of its potential impact on society.”
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Sam Altman
CEO of OpenAI

AI as a Threat to Data Privacy: What’s True—and What’s Not

Especially in data-sensitive fields like HR, finance, or healthcare, there are major reservations about AI systems. The concern: Personal or business-critical data might fall into the wrong hands or be processed uncontrollably.

The Reality: Data Privacy Depends on Implementation

AI is not inherently at odds with data protection—as long as it’s implemented correctly. IDP systems often rely on on-premise setups, where the data remains exclusively within the company. Even cloud-based models can be operated in compliance with data protection regulations, especially when hosted in the EU and adhering toGDPR-compliant processes.

What matters is transparency: Companies must clearly document how their AI systems function, which data is processed, and for what purpose. Anonymization and pseudonymization are also key elements in responsible IDP implementation.

Building Trust Through Accountability

Responsible AI means: no “black box” systems, but explainable, traceable decisions. Companies that commit to this approach not only gain the trust of customers—but also that of their employees.

There’s No Magic AI: Why Training and Adaptation Matter

AI is often portrayed as a plug-and-play miracle: install, train briefly—and it works flawlessly. This expectation is not only unrealistic, it’s risky.

The Reality: AI Must Learn—Continuously

Especially in IDP, AI systems need to be trained for specific document types, languages, formats, layouts,  and business logic. That means:

  • Preparing training data
  • Establishing feedback loops
  • Running regular evaluations
  • Analyzing errors and retraining

These learning cycles aren’t a weakness of AI—they’re its fundamental nature. Those who embrace this process reap excellent results—long-term and scalable.

Is AI Only for Big Enterprises? A Widespread Misconception

AI solutions used to be considered expensive and complex, reserved for large enterprises with in-house data science teams. That’s no longer the case. Modern AI providers—like ExB—offer powerful IDP solutions that are accessible to mid-sized businesses, too.

ExB provides a ready-to-use solution that integrates seamlessly into existing processes—without any prior AI knowledge. Thanks to the combination of advanced Optical Character Recognition (OCR), machine learning (ML), and intuitive UX, even smaller companies benefit quickly and sustainably from streamlined document processing.

The Reality: AI Is Scalable—and Now Accessible to All

Cloud-based services and modular pricing models have opened the door to introduce AI with small IT teams or even without an in-house IT department. Especially with repetitive document workflows, the Return of Investment (ROI) is achieved in just a few months.

Example: A Mid-Sized Logistics Company Benefits from IDP

One logistics company implemented ExB’s IDP solution to automate delivery notes and invoice processing. The results were striking: 75% shorter processing time and 66% lower personnel costs—with moderate implementation expenses. The company also saw a significant drop in error rates.

This example shows the positive impacts targeted AI use can have in day-to-day work—especially in areas where processes were previously manual and time-consuming.

Conclusion: Understanding AI Means Using It Correctly

Artificial Intelligence isn’t hype—it’s reality. Yet it’s not a miracle cure either. Between the extremes of euphoria and rejection, what’s most needed is education. Those who approach AI and IDP with a grounded perspective recognize their potential—and can make targeted use of it.

For businesses, this means:

  • Committing to transparent, explainable systems
  • Investing in data quality and training phases
    Promoting human-machine collaboration
  • Communicating openly with employees about opportunities and changes

And most importantly: Don’t fall for the myths—see for yourself instead.

We’re happy to help and offer advice without obligation on how AI and IDP can bring real value to your business.

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Written by:

Carolin Knobel

Content Creator bei ExB

Carolin ist bei ExB für die Erstellung von Marketing-Content verantwortlich. Mit ihrer Expertise in den Bereichen KI-Trends und Redaktion bereichert sie das Informationsangebot von ExB – auf unserem Blog und auf LinkedIn.
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