781: Ensuring Successful Enterprise AI Deployments, with Sol Rashidi
May 7, 2024
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Guest Sol Rashidi, Fortune 100 data executive, discusses selecting successful AI projects, CDO turnover reasons, value of patents, resolving data security with technology, and essential data engineers in enterprises.
Selecting high-criticality, low-complexity AI projects increases success rates.
AI implementations reallocate resources, not lead to layoffs, promoting growth.
Value of patents in industries like industrial, telco, and pharmaceuticals for financial gains and IP.
Deep dives
AI Deployment Selection System
Companies like the nuanced approach for selecting successful AI projects offered by Sol Rashidi, emphasizing criticality, low complexity projects that have higher chances of successful deployment and avoiding perpetual POC purgatory for scalable and impactful AI models.
Avoiding Workforce Reduction with AI
Sol debunks the myth of AI leading to workforce reduction, stating that in her experience, AI deployments often reallocate resources to address backlogs or growth areas instead of leading to layoffs, emphasizing the importance of evolving and adapting within roles.
Value of Patents in Tech
While acknowledging the challenges of patenting in the tech space, Sol highlights the value of patents, particularly in industries like industrial, telco, manufacturing, and pharmaceuticals where patents can offer financial gains and solidify intellectual property.
Elevating Data Engineering
Sol stresses the critical role of data engineers in enabling business processes and growth through high-quality data, advocating for a separate and dedicated team of data engineers to support data scientists in their modeling and algorithmic work.
Book Recommendation - 'Open' by Andre Agassi
Sol recommends 'Open' by Andre Agassi, a candid and engrossing autobiography that sheds light on the insecurities and vulnerabilities of a successful tennis player, offering a refreshing perspective on achieving success amidst personal challenges.
Sol Rashidi, a distinguished data executive who has served in C-suite roles at Fortune 100 companies, joins Jon Krohn to delve into successful enterprise AI strategies and the reasons behind the high turnover among Chief Data Officers. This episode provides an in-depth look at selecting AI projects that succeed and understanding the strategic value of patents in various industries. Benefit from Sol’s extensive experience and practical advice on navigating complex corporate challenges.
In this episode you will learn: • How CDOs and related roles have such high turnover because [09:40] • The importance of building relationships in AI projects [17:01] • How Sol's book "The AI Survival Guide" came about [20:44] • How high-criticality, low-complexity AI projects are the ones with the highest probability of success [27:11] • How Enterprise data security issues can be resolved with technologies like Protopia’s stained-glass data-masking solution [36:10] • Why having great data engineers is essential [47:57] • The value of patents [51:45]