Joel Beasley | Modern CTO cover image

Joel Beasley | Modern CTO

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

Mar 11, 2024
Exploring the challenges companies face with AI implementation, emphasizing the need for innovation over simply adding AI. Discussing the philosophical aspects of AI consciousness and its impact on human capabilities. Highlighting the importance of oversight and regulation in the tech industry and the potential effects of AI on job roles. Delving into the limitations of humanoid AI design and the technological impact on education.
45:42

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Companies face challenges in AI implementation leading to only 10% succeeding financially.
  • AI requires reimagining processes and strategic integration rather than simply applying it on top.

Deep dives

Success Rates of Companies with AI Implementation

Only 10% of companies successfully benefit from artificial intelligence implementations, showcasing the challenges faced by the remaining 90% in achieving significant financial gains.

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