We are in a Generative AI hype cycle. Every executive looking at the potential generative AI today is probably thinking about how they can allocate their department's budget to building some AI use cases. However, many of these use cases won't make it into production.
In a similar vein, the hype around machine learning in the early 2010s led to lots of hype around the technology, but a lot of the value did not pan out. Four years ago, VentureBeat showed that 87% of data science projects did not make it into production. And in a lot of ways, things haven’t gotten much better. And if we don't learn why that is the case, generative AI could be destined to a similar fate.
Eric Siegel, Ph.D., is a leading consultant and former Columbia University professor who helps companies deploy machine learning. He is the founder of the long-running Machine Learning Week conference series and its new sister, Generative AI World, the instructor of the acclaimed online course “Machine Learning Leadership and Practice – End-to-End Mastery,” executive editor of The Machine Learning Times, and a frequent keynote speaker. He wrote the bestselling Predictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die, as well as The AI Playbook: Mastering the Rare Art of Machine Learning Deployment. Eric’s interdisciplinary work bridges the stubborn technology/business gap. At Columbia, he won the Distinguished Faculty award when teaching graduate computer science courses in ML and AI. Later, he served as a business school professor at UVA Darden. Eric also publishes op-eds on analytics and social justice.
In the episode, Adel and Eric explore the reasons why machine learning projects don't make it into production, the BizML Framework or how to bring business stakeholders into the room when building machine learning use cases, the skill gap between business stakeholders and data practitioners, use cases of organizations have leveraged machine learning for operational improvements, what the previous machine learning hype cycle can teach us about generative AI and a lot more.
Links Mentioned in the Show:
#217 Data & AI at Tesco with Venkat Raghavan, Director of Analytics and Science at Tesco
#216 Perplexity & the Future of AI with Denis Yarats, Co-Founder and CTO at Perplexity AI
#215 Seeing the Data Layer Through Spatial Computing with Cathy Hackl and Irena Cronin
#214 Learning & Memory, For Brains & AI, with Kim Stachenfeld, Senior Research Scientist at Google DeepMind
#213 Building Trust Through Data with Prukalpa Sankar, Co-Founder of Atlan
#212 The History of Data and AI, and Where It's Headed with Cristina Alaimo, Assistant Professor at Luiss Guido Carli University
#211 What is AIOps? With Assaf Resnick, Co-Founder & CEO of BigPanda
#210 Trust and Regulation in AI with Bruce Schneier, Internationally Renowned Security Technologist
#209 Effective Data Engineering with Liya Aizenberg, Director of Data Engineering at Away
#208 Monetizing Data & AI with Vin Vashishta, Founder & AI Advisor at V Squared, & Tiffany Perkins-Munn, MD & Head of Data & Analytics at JPMC
#207 Data Driven Venture Capital with Andre Retterath, Partner at Earlybird VC
#206 The Venture Mindset with Ilya Strebulaev, Economist & Professor at Stanford Graduate School of Business
#205 The 2nd Wave of Generative AI with Sailesh Ramakrishnan & Madhu Iyer, Managing Partners at Rocketship.vc
#204 Data & AI Trends in 2024, with Tom Tunguz, General Partner at Theory Ventures
#203 How a Chief AI Officer Works with Philipp Herzig, Chief AI Officer at SAP
#202 Making Data Governance Fun with Tiankai Feng, Data Strategy & Data Governance Lead at ThoughtWorks
#201 The Database is the Operating System with Mike Stonebraker, CTO & Co-Founder At DBOS
#200 50 Years of SQL with Don Chamberlin, Computer Scientist and Co-Inventor of SQL
#199 Creating an AI-First Culture with Sanjay Srivastava, Chief Digital Strategist at Genpact
#198 How Walmart Leverages Data & AI with Swati Kirti, Sr Director of Data Science at Walmart
Create your
podcast in
minutes
It is Free
Insight Story: Tech Trends Unpacked
Zero-Shot
Fast Forward by Tomorrow Unlocked: Tech past, tech future
The Unbelivable Truth - Series 1 - 26 including specials and pilot
Lex Fridman Podcast