AI is not just another technology project

Image Credit: chee gin tan/Getty Images. Article by Bret Greenstein.

AI, unlike any other initiative is a business transformation enabler and not another technology system implementation that business users need to be trained on. Traditionally, businesses choose either the classic waterfall approach of linear tasks, or the agile approach, where teams review and evaluate solutions as they are tested out. […]

A study by IDC last year found that 60% of organizations reported changes in their business model that were associated with AI adoption. But implementing AI successfully is proving difficult — perhaps in part because it requires such a different approach. The IDC study found that most organizations reported some level of failure among their AI projects. A quarter of the organizations surveyed reported a 50% failure rate due to unrealistic expectations. To ensure success during a period of transformation, enterprises need to embrace three concepts. […]

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