The Value Translation Gap: AI's Deployment Problem

28/11/2024 40 min Temporada 2 Episodio 9
The Value Translation Gap: AI's Deployment Problem

Listen "The Value Translation Gap: AI's Deployment Problem"

Episode Synopsis

In this episode of The Edge, we sit down with Eric Siegel, a 30-year machine learning veteran and founder of Gooder AI, to discuss the critical challenges enterprises face in deploying predictive AI models.Episode Highlights:The Deployment ProblemIntroduction to the "Value Translation Gap" in enterprise AIWhy only 15-20% of predictive models reach productionThe four critical predictions businesses rely on: who will click, buy, lie, or dieWhy Models FailThe "metrics mirage" problem in AI deploymentUnderstanding the workflow-reality gapScale challenges in moving from pilot to productionImplementation costs (26%) and ROI translation (18%) as key barriersBizML FrameworkThree essential concepts for business stakeholders:What's being predictedHow well it predictsWhat actions those predictions driveTranslating technical metrics into business outcomesThe Future of AI ProductsEvolution from consulting to product-based solutionsThe importance of domain-specific architecturesHow successful companies embed business logic into ML pipelinesInvestment OpportunitiesValue Translation ToolsVertical SolutionsDeployment FrameworksThe shift from model development to value realizationFeatured Guest: Eric Siegel, Founder of Gooder AI and machine learning veteran