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  <title>321. Why 80% of AI projects fail — and it's not the AI's fault</title>
  <description>Contrast two AI projects. One cost $600,000 to build, $500,000 per year to maintain and was shut down as functionally unusable. The other cut energy waste, reduced equipment damage, and returned 35.8% on investment. Same tech. Different outcomes. The difference had nothing to do with the AI —&amp;amp;nbsp;and everything with how the project was set up and managed. In this episode:  The New York City AI chatbot that confidently&amp;amp;nbsp;told people to break the law The Korean steel plant that used AI to solve one specific measurable problem — and returned 35.8% on its investment The five reasons AI transformations fail and how to avoid every one of them Why AI is execution and product thinking is judgment — and why you cannot out-execute a wrong decision  This episode is for you if:  You are a business or political leader with an AI budget and want to make sure it is not wasted You are a corporate innovator trying to make the case for an AI initiative internally You want a clear framework for evaluating AI projects before you commit to them  Timestamps:  00:00 – The $600K AI chatbot that failed vs. the AI that worked 02:11 – NYC's government AI chatbot disaster 07:01 – Korean steel company's successful AI project 09:23 – Why the steel company's AI project succeeded 10:45 – Why 80% of enterprise AI projects fail (RAND research) 11:45 – 5 reasons AI transformation projects fail 14:06 – 2 solutions to fix failing AI initiatives 15:12 – Why product thinking matters more than AI technology  Follow and Review: We’d love for you to follow us if you haven’t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop an honest review on&amp;amp;nbsp;Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.  Listen to our podcast on:   Apple Spotify YouTube  Audible  Pandora  Transcript: https://www.techfornontechies.co/blog/321-why-80-of-ai-projects-fail-and-it-s-not-the-ai-s-fault-2 </description>
  <author_name>Tech for Non-Techies — Product Thinking &amp;amp; Innovation for Business Leaders</author_name>
  <author_url>https://www.techfornontechies.co/</author_url>
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