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70% of AI Projects Fail—Here's the Fix
Manage episode 495776705 series 3553629
Welcome to the Impact of AI: Explored podcast. In this episode
James and Gerjon have a special guest: Ronni Holmvig Strøm - Co-founder @ Privateers (https://www.linkedin.com/in/ronniholmvigstrom/)
In this episode, we discuss the impact of AI on business strategy and digital transformation. The discussion emphasizes the importance of design thinking in implementing AI solutions, the challenges of user adoption, and the need for organizations to identify concrete pain points to leverage AI effectively. The discussion also touches on the diminishing hype surrounding AI, the necessity for rapid experimentation, and the critical role of user trust in AI applications.
Chapters
00:00 Ronni's Background and Career Journey
00:40 The Rise of AI in Business Strategy
03:50 Design Thinking and Digital Disruption
06:45 The Importance of Differentiation in AI Strategy
10:03 AI Implementation Challenges and Insights
13:00 The Hype Cycle of AI and Its Implications
15:53 Conclusion and Future Considerations
18:48 Navigating the AI Hype Curve
21:22 The Importance of Design Thinking in AI
24:51 Identifying Pain Points for AI Solutions
27:54 User Adoption and Trust in AI
30:47 Understanding AI Agents and Their Limitations
36:55 Establishing a Robust AI Strategy
44:56 Measuring Value and Iteration in AI Projects
Chapters
1. Ronni's Background and Career Journey (00:00:00)
2. The Rise of AI in Business Strategy (00:00:39)
3. Design Thinking and Digital Disruption (00:03:49)
4. The Importance of Differentiation in AI Strategy (00:06:44)
5. AI Implementation Challenges and Insights (00:10:02)
6. The Hype Cycle of AI and Its Implications (00:12:59)
7. Conclusion and Future Considerations (00:15:52)
8. Navigating the AI Hype Curve (00:18:47)
9. The Importance of Design Thinking in AI (00:21:21)
10. Identifying Pain Points for AI Solutions (00:24:50)
11. User Adoption and Trust in AI (00:27:53)
12. Understanding AI Agents and Their Limitations (00:30:46)
13. Establishing a Robust AI Strategy (00:36:54)
14. Measuring Value and Iteration in AI Projects (00:44:55)
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