The Ultimate Guide to AI Strategy: Navigating the Dos and Don’ts

Hey there, AI enthusiasts! If you’re looking to build AI for your company, you’re in the right place. We all know AI is a game-changer, but it’s not a magic wand. So, let’s dive into some dos and don’ts to make your AI journey smoother and more effective. Trust me, you’ll want to avoid some common pitfalls that I’ve seen many teams stumble into.

Don’t Overestimate AI’s Capabilities

First off, let’s get real—AI isn’t a cure-all. While it can do wonders, there are limitations. Whether it’s technology, data, or engineering resources, you’ve got to be realistic about what AI can achieve. A Forbes article emphasizes that understanding AI’s limitations is crucial for effective implementation in various industries1.

Do Exercise Technical Diligence

Don’t just rely on your machine learning engineers to come up with all the use cases. Pair them with business experts and work cross-functionally. This combination often leads to the most valuable and feasible projects. It’s not just about the tech; it’s about solving real business problems.

Don’t Expect Instant Success

AI projects usually require multiple iterations. So, if you’re expecting your first AI project to be a home run, think again. MIT Technology Review suggests that iterative processes are often key to successful AI deployment2.

Do Adapt Your Planning Process

Traditional planning methods won’t cut it here. Work closely with your AI team to set realistic timelines, milestones, and KPIs that make sense for AI projects.

Don’t Wait for the “Perfect Team”

You don’t need a team of superstar AI engineers to get started. There are plenty of talented individuals out there who have honed their skills through online courses and can contribute meaningfully to your projects.

Conclusion: Just Get Started!

The key takeaway? Start now. Your second AI project will be better than your first, and the third will be better than the second. The important thing is to take that first step.

References

  1. Understanding AI’s Limitations – Forbes
  2. Generative AI deployment: Strategies for smooth scaling – MIT Technology Review

Author

  • Angelo Rosati

    I am a marketer, entrepreneur, AI enthusiast, and mental health advocate with a career distinguished by a dynamic blend of innovative marketing strategies, entrepreneurial ventures, a profound fascination with artificial intelligence, and a strong commitment to mental health advocacy. In my role as a marketer, I have a proven track record of identifying and leveraging emerging trends, crafting impactful campaigns that resonate across diverse audiences. My entrepreneurial journey is marked by a relentless pursuit of new challenges and innovative solutions in the business landscape. My passion for AI transcends professional interest, deeply influencing my approach to problem-solving and strategy formulation. I am enthralled by the transformative potential of AI across various industries and its capacity to enhance lives. As a mental health advocate, my dedication goes beyond personal commitment; it is an essential aspect of my professional identity, shaping how I interact with projects and stakeholders. Throughout my career, I have had the privilege of working with several esteemed companies, each experience enriching my skill set and broadening my perspective. These companies include Unmind, Asana, and Rebrandly, where I have applied my expertise in marketing, AI, entrepreneurship, and mental health advocacy. My experiences with these organizations have not only honed my professional abilities but also reinforced my commitment to using my skills for meaningful impact. https://www.linkedin.com/in/angelorosati/