Book Image

Creators of Intelligence

By : Dr. Alex Antic
Book Image

Creators of Intelligence

By: Dr. Alex Antic

Overview of this book

A Gartner prediction in 2018 led to numerous articles stating that "85% of AI and machine learning projects fail to deliver.” Although it's unclear whether a mass extinction event occurred for AI implementations at the end of 2022, the question remains: how can I ensure that my project delivers value and doesn't become a statistic? The demand for data scientists has only grown since 2015, when they were dubbed the new “rock stars” of business. But how can you become a data science rock star? As a new senior data leader, how can you build and manage a productive team? And what is the path to becoming a chief data officer? Creators of Intelligence is a collection of in-depth, one-on-one interviews where Dr. Alex Antic, a recognized data science leader, explores the answers to these questions and more with some of the world's leading data science leaders and CDOs. Interviews with: Cortnie Abercrombie, Edward Santow, Kshira Saagar, Charles Martin, Petar Veličković, Kathleen Maley, Kirk Borne, Nikolaj Van Omme, Jason Tamara Widjaja, Jon Whittle, Althea Davis, Igor Halperin, Christina Stathopoulos, Angshuman Ghosh, Maria Milosavljevic, Dr. Meri Rosich, Dat Tran, and Stephane Doyen.
Table of Contents (23 chapters)
1
Chapter 1: Introducing the Creators of Intelligence

Avoiding AI failure

A Gartner prediction in 2018 led to numerous articles stating that, “85% of AI and machine learning projects fail to deliver.” It’s hard to be certain of the original source of this statistic because some poetic license appears to have been taken in interpreting it. This, however, hasn’t stopped this statistic from being referenced often when discussing the relatively low success rates of AI projects.

85%?

The ironic misinterpretation may come from the line, “Gartner predicts that through 2022, 85 percent of AI projects will deliver erroneous outcomes due to bias in data, algorithms or the teams responsible for managing them” (https://www.gartner.com/en/newsroom/press-releases/2018-02-13-gartner-says-nearly-half-of-cios-are-planning-to-deploy-artificial-intelligence).

Why has this statistic of questionable accuracy captured so much attention? As many I interviewed pointed out, failure is a normal part of the scientific...