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Why Only 10% of Companies Succeed With AI with Sam Ransbotham, Professor at Boston College

Modern CTO

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Navigating AI Investments for Success

The chapter explores the critical factors that differentiate successful AI investments from others, stressing the need for a solid infrastructure, skilled talent, and a strategic approach. It discusses the inefficiencies in current processes like fax machines in healthcare and emphasizes the need to innovate rather than simply layering AI on top. The conversation also covers the rapid advancements in technology, challenges in teaching AI due to constant updates, and the impact of machine learning models on businesses.

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