I’m an AI Engineer, been doing this for a long time. I’ve seen plenty of projects that stagnate, wither and get abandoned. I agree with the top 5 in this article, but I might change the priority sequence.
Five leading root causes of the failure of AI projects were identified
First, industry stakeholders often misunderstand — or miscommunicate — what problem needs to be solved using AI.
Second, many AI projects fail because the organization lacks the necessary data to adequately train an effective AI model.
Third, in some cases, AI projects fail because the organization focuses more on using the latest and greatest technology than on solving real problems for their intended users.
Fourth, organizations might not have adequate infrastructure to manage their data and deploy completed AI models, which increases the likelihood of project failure.
Finally, in some cases, AI projects fail because the technology is applied to problems that are too difficult for AI to solve.
4 & 2 —>1. IF they even have enough data to train an effective model, most organizations have no clue how to handle the sheer variety, volume, velocity, and veracity of the big data that AI needs. It’s a specialized engineering discipline to handle that (data engineer). Let alone how to deploy and manage the infra that models need—also a specialized discipline has emerged to handle that aspect (ML engineer). Often they sit at the same desk.
1 & 5 —> 2: stakeholders seem to want AI to be a boil-the-ocean solution. They want it to do everything and be awesome at it. What they often don’t realize is that AI can be a really awesome specialist tool, that really sucks on testing scenarios that it hasn’t been trained on. Transfer learning is a thing but that requires fine tuning and additional training. Huge models like LLMs are starting to bridge this somewhat, but at the expense of the really sharp specialization. So without a really clear understanding of what can be done with AI really well, and perhaps more importantly, what problems are a poor fit for AI solutions, of course they’ll be destined to fail.
3 —> 3: This isn’t a problem with just AI. It’s all shiny new tech. Standard Gardner hype cycle stuff. Remember how they were saying we’d have crypto-refrigerators back in 2016?
Not to derail, but may I ask how did you become an AI Engineer? I’m a software dev by trade, but it feels like a hard field to get into even if I start training for the AI part of it, because I’d need the data to practice =(
But it’s such a big buzz word I feel like I need to start looking that direction if i want to stay employed.
I think this is a little paranoid. Somebody has to handle the production models - deploying them to servers, maintaining the servers, developing the APIs and front ends that provide access to the models… I don’t think software dev jobs are going anywhere
For me it helps to have a project. I learned SciKit in order to analyze trading data to beat the “market”. I was focusing on crypto but there’s lots of trading data available in general. Unsurprisingly I didn’t make any money, but it was fun to learn more about data processing, statistics, and modeling with functions.
(FWIW I’m crypto-neutral depending on the topic and anti-“AI” because it doesn’t exist.)
Ha ha I got into genetic algorithms for the same reason, market prediction. Ended up exactly at zero in terms of net gains and losses - if you don’t count commissions, anyway. :(
I’m an AI Engineer, been doing this for a long time. I’ve seen plenty of projects that stagnate, wither and get abandoned. I agree with the top 5 in this article, but I might change the priority sequence.
Five leading root causes of the failure of AI projects were identified
4 & 2 —>1. IF they even have enough data to train an effective model, most organizations have no clue how to handle the sheer variety, volume, velocity, and veracity of the big data that AI needs. It’s a specialized engineering discipline to handle that (data engineer). Let alone how to deploy and manage the infra that models need—also a specialized discipline has emerged to handle that aspect (ML engineer). Often they sit at the same desk.
1 & 5 —> 2: stakeholders seem to want AI to be a boil-the-ocean solution. They want it to do everything and be awesome at it. What they often don’t realize is that AI can be a really awesome specialist tool, that really sucks on testing scenarios that it hasn’t been trained on. Transfer learning is a thing but that requires fine tuning and additional training. Huge models like LLMs are starting to bridge this somewhat, but at the expense of the really sharp specialization. So without a really clear understanding of what can be done with AI really well, and perhaps more importantly, what problems are a poor fit for AI solutions, of course they’ll be destined to fail.
3 —> 3: This isn’t a problem with just AI. It’s all shiny new tech. Standard Gardner hype cycle stuff. Remember how they were saying we’d have crypto-refrigerators back in 2016?
Not to derail, but may I ask how did you become an AI Engineer? I’m a software dev by trade, but it feels like a hard field to get into even if I start training for the AI part of it, because I’d need the data to practice =(
But it’s such a big buzz word I feel like I need to start looking that direction if i want to stay employed.
I think this is a little paranoid. Somebody has to handle the production models - deploying them to servers, maintaining the servers, developing the APIs and front ends that provide access to the models… I don’t think software dev jobs are going anywhere
For me it helps to have a project. I learned SciKit in order to analyze trading data to beat the “market”. I was focusing on crypto but there’s lots of trading data available in general. Unsurprisingly I didn’t make any money, but it was fun to learn more about data processing, statistics, and modeling with functions.
(FWIW I’m crypto-neutral depending on the topic and anti-“AI” because it doesn’t exist.)
Ha ha I got into genetic algorithms for the same reason, market prediction. Ended up exactly at zero in terms of net gains and losses - if you don’t count commissions, anyway. :(
Kaggle has some good free datasets to practice
Also in the industry and I gotta say it’s not often I agree with every damn point. You nailed it. Thanks for posting!