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When dealing with stakeholders in big corporations I learned that they absolutely needed AI, machine learning and data science as capabilities in the projects t

When dealing with stakeholders in big corporations I learned that they absolutely needed AI, machine learning and data science as capabilities in the projects that they started. Even if data was only very tangentially related to the core product/project. If so, for example one needed to datascience the shit out of project metadata to create a project efficiency self optimization loop. Or what ever crap one could come up with. Else they would not be able to secure funding for the idea from upper management because they had learned that 'data is the new oil'. The second VS part always needed/needs to be how this project enables the product to be (or become) a platform where the company can the run value added services on top (value adding for the company, not the customer). Imagine a car being a platform and you can book additional horse power for the upcoming trip. Or change the background image for the instrument panel. Or pay extra to natively have access to your Spotify playlists. And then datascience the user data to recommend even more stuff resulting in $$$ (by imagination from management and fuelled by slide decks created by some junior strategists that have never even owned a car but presented by the client account lead in a lush retreat).

IgorPartola 5y ago
I am unclear as to whether what you are saying is that they need data science to justify their projects because when they say that an AI told them that they need $X extra for the project it carries more weight than when they say they did the analysis by hand or if the data science actually provided value in this case.
- sdoering 5y ago
  No. They need AI in their projects to receive management buy in (and funding) because management swallowed the hook and now wants everything AI & data driven (even if it makes no sense) to be able to brag to other managers from the competition and other industries that they now use AI and are a data driven company.
  - IgorPartola 5y ago
    So you can feed them data from an RNG and say it’s from an AI and they’ll follow it?
Gollapalli 5y ago
Are we headed for another AI winter? Because this sounds like a recipe for another AI winter.

IgorPartola 5y ago

I am unclear as to whether what you are saying is that they need data science to justify their projects because when they say that an AI told them that they need $X extra for the project it carries more weight than when they say they did the analysis by hand or if the data science actually provided value in this case.

sdoering 5y ago
No. They need AI in their projects to receive management buy in (and funding) because management swallowed the hook and now wants everything AI & data driven (even if it makes no sense) to be able to brag to other managers from the competition and other industries that they now use AI and are a data driven company.
- IgorPartola 5y ago
  So you can feed them data from an RNG and say it’s from an AI and they’ll follow it?

Gollapalli 5y ago

Are we headed for another AI winter? Because this sounds like a recipe for another AI winter.