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Setting AI Projects Up for Success
HBR IdeaCast
The Challenges and Uncertainty in AI Projects
AI projects have a higher failure rate compared to past IT projects due to their non-deterministic nature. Unlike IT projects, AI projects are influenced by probabilities and can produce different answers for the same input. This unpredictability adds complexity and uncertainty to the projects. The 80% failure rate can be attributed to various factors, including choosing projects that lack value. However, there is still potential for success in AI projects.
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