EP 606: Inside MIT's Viral AI Study. The reasons why 95% of AI pilots do not fail

Everyday AI Podcast – An AI and ChatGPT Podcast

MIT’s ‘95% of AI pilots fail’ headline is a litmus test: will people think critically, or just swallow clickbait?
Unfortunately, the latter won.
The MIT ’95 % of AI pilots fail’ study has taken over the internet, and it’s one of the worst studies I’ve ever read.
(And I’ve read thousands.)
↳ So, what’s the truth?
↳ Is AI a bubble that’s about to pop?
↳ Why is this study rubbish?
↳ And how does it impact you?
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Topics Covered in This Episode:

1. MIT AI Study Claims 95% Failure Rate
2. Breakdown of MIT Study Methodology
3. Impact of Viral MIT AI Study Headlines
4. Flaws in MIT Study ROI Measurement
5. Comparison With Reputable AI ROI Studies
6. MIT Study’s Biased Participant Selection
7. Nanda Project Marketing in MIT Report
8. Five Major Red Flags in MIT AI Research
9. Business Implications of Flawed AI Pilots Data
10. How Media Sensationalizes AI Study Results
    

Timestamps:
00:00 "MIT AI Study Critique"

04:16 AI Investments Trigger Stock Market Decline

06:37 "Host's Background Overview"

10:58 Flawed AI Study Critique

13:28 MIT Study Highlights AI Implementation Challenges

18:58 AI Work Trends & ROI Insights

20:17 "Crossing the Gen AI Divide"

23:25 Flawed Study with Misleading Claims

29:34 "Uncritical Reposting Spurs Fake Study"

30:30 "Read Studies, Not Summaries"
Keywords:
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