Artificial Intelligence and Machine Learning
Assessing AI Project Risk
Frank Kowalkowski, President Knowledge Consultants, Inc.
There is a revolution today regarding artificial intelligence with hot topics like deep learning, predictive neural nets, big data, the digital organization and other technologies and techniques on the business analysis and analytics horizon. While organizations are rushing to take advantage of the accelerating AI capabilities, there is little published about the organization’s value side of the AI use equation. AI must be thought through and planned like any other organization effort. Similar to building business applications, AI is a business organization project that is very technical in nature.
The orderly inclusion of AI into planning is at best very fragmented. AI is not yet mature enough to the point of careful assessment of value to the organization. This is the result of early applications of AI to very specific uses such as stock market analysis and analysis of consumer behavior and some of the more sophisticated uses such as facial recognition, speech recognition and text analysis.. Linking issues or problems to an AI solution requires understanding of both the organization and the AI technology.
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