{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"321. Why 80% of AI projects fail \u2014 and it's not the AI's fault","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 \u2014&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;nbsp;told people to break the law The Korean steel plant that used AI to solve one specific measurable problem \u2014 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 \u2014 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 \u2013 The $600K AI chatbot that failed vs. the AI that worked 02:11 \u2013 NYC's government AI chatbot disaster 07:01 \u2013 Korean steel company's successful AI project 09:23 \u2013 Why the steel company's AI project succeeded 10:45 \u2013 Why 80% of enterprise AI projects fail (RAND research) 11:45 \u2013 5 reasons AI transformation projects fail 14:06 \u2013 2 solutions to fix failing AI initiatives 15:12 \u2013 Why product thinking matters more than AI technology  Follow and Review: We\u2019d love for you to follow us if you haven\u2019t yet. Click that purple '+' in the top right corner of your Apple Podcasts app. We\u2019d love it even more if you could drop an honest review on&amp;nbsp;Apple Podcasts. Simply select \u201cRatings and Reviews\u201d and \u201cWrite a Review\u201d 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 ","author_name":"Tech for Non-Techies \u2014 Product Thinking &amp; Innovation for Business Leaders","author_url":"https:\/\/www.techfornontechies.co\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/42927362\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/206350177"}