AI gets such a bad rap. People only think of unsolved or sort-of-solved problems as AI, and don't give AI any credit for the problems it has solved, I guess because by definition those problems seem easy. Think how much Microsoft Office and competitors have amplified business productivity over the last 20 years (yeah yeah, make your jokes too). Word and Powerpoint and Excel are full of AI whether it's spellcheck or a…
Why is AI so useless for business?
171–180 of 391 posts
Re: Why is AI so useless for business?
#172I'm going to go against the flow of most comment here and say that it's not always business misunderstanding AI. Bad labeled data and unclear goals/expectations sure, but the latter one should be identifiable by a good ML/Data scientist, if you have any insight to what you can actually deliver. But most ML/Data Science people have no proper understanding of AI/ML, and when just traditional "coding" can solve the prob…
> have any insight to what you can actually deliver Maybe that's the problem. In lots of AI/ML problems you just CAN'T know ahead of time what can be deliver you need to spend the time and resources to do it and then see how well it works... The problem imo is on the business side, most businesses don't know how to transform unpredictable progress into profit (even if average on a large timeframe that progress might…
IME with 8+ years as a Data Scientist in internal and external consulting roles. What I like to do is propose a phase 1, phase 2, phase 3, etc. Phase 1 is almost always a mix of scoping and "Does it even make sense to do this."
Only a fraction of the teams/customers I work like appreciate and have a tolerance for this longer term strategy. Most of those projects are a success and people get value out of using a model in addressing their business problem.
Most people hear this and respond with "No, Phase 1 needs to solve our poorly defined business problem and show massive value in 3 weeks so we can boast about how innovative we are being. You need to AI this problem. AI it now. Do some of that AI stuff. Give me the AI." Most of these fail and I know they are doing to fail, even if any models turn out be useful.
I will say that there there Data Scientist/AI/ML people who really just throw models at stuff and don't think about the value of what they are trying to deliver, but a lot of them are typically inexperienced and just have new toy syndrome. It's not really any different than somebody who reads a bunch of books (e.g. leadership, business) and then gets overly excited about using what they learned. They'll grow out of it or leave the profession when reality hits.
Re: Why is AI so useless for business?
#173AI gets such a bad rap. People only think of unsolved or sort-of-solved problems as AI, and don't give AI any credit for the problems it has solved, I guess because by definition those problems seem easy. Think how much Microsoft Office and competitors have amplified business productivity over the last 20 years (yeah yeah, make your jokes too). Word and Powerpoint and Excel are full of AI whether it's spellcheck or a…
The AI effect: AI gets a bad rap because once something exists and is practical it's no longer called AI. [0]: https://en.wikipedia.org/wiki/AI_effect
I've never thought of it that way before but alternative medicine and AI have a lot in common.
Re: Why is AI so useless for business?
#174The specific problem the author cites - digitizing data in PDFs - shouldn't even require AI. It can be solved better by just inputting data in digital form to begin with (like with a web form), and passing it around in a standardized machine-readable data format. But the commercial real estate industry is pretty backwards, and can continue to be pretty backwards because its core competency is ownership of the real estate, and digitization labor is round-off error compared to the profits generated by it. It'll take a major recession (and this current coronapocalypse may qualify) to create selection pressures to weed out inefficient firms, and until that happens there's no incentive for them to upgrade their processes.
Re: Why is AI so useless for business?
#175I’ve been working in the “real world business processes that companies are trying to AI-ify” realm for quite a while now. Pharma, cyber security, oil and gas production, etc. This article doesn’t mention a really, really straightforward factor for why AI hasn’t invaded these domains despite billions of dollars being dumped into them. An automated process only has to be wrong once to compel human operators to double o…
An automated process only has to be wrong once to compel human operators to double or triple check every other result it gives. Wouldn't this itself be error prone? The operator is, after all, human.
Re: Why is AI so useless for business?
#176Earlier quoted context omitted.
I would add "AI" produces results that are hard to understand and work with. When you do "traditional coding" you are getting results that are easier to work with because you understand where they came form. Then it is easier to modify the model and understand the outcome. Your background is robotics. As a robotics example, training AI model to keep bipedal robot upright might be possible but having proper control mo…
I mean, part of the problem is that no one can seem to agree about what "AI" even is anymore; you described a control theory model that "calculate[s] the envelope" which I'm interpreting to mean some sort of confidence interval/posterior, but to me that's exactly what you should be doing whenever possible in an "AI" model, as in, control theory (it sounds like with Gaussian Processes or something) is the right "AI" a…
[0] https://www.controleng.com/articles/exploring-the-basic-conc...
Re: Why is AI so useless for business?
#177Re: Why is AI so useless for business?
#178AI gets such a bad rap. People only think of unsolved or sort-of-solved problems as AI, and don't give AI any credit for the problems it has solved, I guess because by definition those problems seem easy. Think how much Microsoft Office and competitors have amplified business productivity over the last 20 years (yeah yeah, make your jokes too). Word and Powerpoint and Excel are full of AI whether it's spellcheck or a…
Where's AI in Microsoft Office? Where's AI in spellchecking? Where's AI in route planning? Demand planning, maybe.
Re: Why is AI so useless for business?
#179Earlier quoted context omitted.
I would add "AI" produces results that are hard to understand and work with. When you do "traditional coding" you are getting results that are easier to work with because you understand where they came form. Then it is easier to modify the model and understand the outcome. Your background is robotics. As a robotics example, training AI model to keep bipedal robot upright might be possible but having proper control mo…
>I would add "AI" produces results that are hard to understand and work with. Sorry but no, this rhetoric is often used as an easy escape of responsibility but I don't buy it. Sure, if you're talking about the neural nets used in Google translate or YouTube recommendation system, or any big tech company domain of problem that is based on vast amount of data with extreme size of state space and variability - fine. But…
Re: Why is AI so useless for business?
#180AI gets such a bad rap. People only think of unsolved or sort-of-solved problems as AI, and don't give AI any credit for the problems it has solved, I guess because by definition those problems seem easy. Think how much Microsoft Office and competitors have amplified business productivity over the last 20 years (yeah yeah, make your jokes too). Word and Powerpoint and Excel are full of AI whether it's spellcheck or a…
The thing that I don't appreciate in this field is that companies seem more focused on discussing their "AI" than the actual problems they hope to solve. When I see this, my mind jumps to the assumption that these companies are either: 1) looking for easy valuation multiples. 2) looking for a way to impress VCs/investors. 3) they don't actually understand the problem they are solving. This is admittedly a big stereotype on my part, but this stereotype was built on pattern recognition over time.