Cost-Benefit Experimentation Risk 
O'Reilly on Data
JULY 28, 2020
Without clarity in metrics, it’s impossible to do meaningful experimentation. AI PMs must ensure that experimentation occurs during three phases of the product lifecycle: Phase 1: Concept During the concept phase, it’s important to determine if it’s even possible for an AI product “ intervention ” to move an upstream business metric.
O'Reilly on Data
SEPTEMBER 15, 2020
AI Benefits and Stakeholders. AI is a field where value, in the form of outcomes and their resulting benefits, is created by machines exhibiting the ability to learn and “understand,” and to use the knowledge learned to carry out tasks or achieve goals. AI-generated benefits can be realized by defining and achieving appropriate goals.
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CIO Business Intelligence
DECEMBER 19, 2024
Its been a year of intense experimentation. Now, the big question is: What will it take to move from experimentation to adoption? The key areas we see are having an enterprise AI strategy, a unified governance model and managing the technology costs associated with genAI to present a compelling business case to the executive team.
Rocket-Powered Data Science
FEBRUARY 15, 2023
3) How do we get started, when, who will be involved, and what are the targeted benefits, results, outcomes, and consequences (including risks)? encouraging and rewarding) a culture of experimentation across the organization. Encourage and reward a Culture of Experimentation that learns from failure, “ Test, or get fired!
CIO Business Intelligence
AUGUST 21, 2024
The previous state-of-the-art sensors cost tens of thousands of dollars, adds Mattmann, who’s now the chief data and AI officer at UCLA. Adding smarter AI also adds risk, of course. “At The big risk is you take the humans out of the loop when you let these into the wild.” They also had extreme measurement sensitivity.
CIO Business Intelligence
NOVEMBER 27, 2024
To fully benefit from AI, organizations must take bold steps to accelerate the time to value for these applications. While in the experimentation phase, speed is a priority, the implementation phase requires more attention to resiliency, availability, and compatibility with other tools. This is where Operational AI comes into play.
Corinium
JUNE 6, 2019
Regulations and compliance requirements, especially around pricing, risk selection, etc., For instance, for a variety of reasons, in the short term, CDAOS are challenged with quantifying the benefits of analytics’ investments. It is also important to have a strong test and learn culture to encourage rapid experimentation.
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