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Showing posts from April, 2018

AI Project Failures

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Today a friend of mine, who is developing an AI consultancy, asked me the following question: Hi Peter, I wanted to ask you something. I'm trying to find a report that shows the failure rate of AI projects but haven't been successful yet.  Do you have any studies or articles in mind?  Kind Regards, Name Withheld My answer was unequivocal.  If you don't agree, please tell me why. What is 'success'? -------------------------------- Hi Name Withheld, I would be 99.8% certain that such a report or statistic does  not  exist, for the following reasons: 1) Definition of an "AI project" Does this include projects for academic research, public sector, private sector, pilot studies and 'proof of concept' studies? Does this include projects in which AI is a minor feature, a significant feature or a major feature? 2) Definition of a 'failed' project If a project completes, but it does not meet ...

Who Can You Trust?

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Book review Who Can You Trust by Rachel Botsman published by Portfolio Penguin Reading time: 2 mins “Robots are breaking out of sci-fi culture and engineering labs and moving into our homes, schools, hospitals and businesses.  Now is the moment when we need to pause to consider how much trust we want to place in robots, how human we want them to be, and when we ought to turn them off." The author(s) Rachel Botsman is a visiting academic at the University of Oxford and a well-known figure on the speaking circuit (including multiple TED talks ).   She co-authored the successful book What’s Mine is Yours (2011), about the sharing economy, and has more recently turned her attention to the underlying human and psychological dimensions of economic transactions. In a nutshell This book explores the theory and practice trust.   In particular, it examines the significance of trust in contemporary economies, notably those shaped by the internet, network...