Issues in adding AI

Issues in adding AI

April 5, 2023 by investor

Issues in adding AI

In adding AI to your business consider these best practices:

Create a list of potential applications and order them by the ease of use and value to the company.

Identify a simple use case for the first effort.

Check to see if you have the skills necessary to implement the program.

Build a team to run the implementation and make sure you have sufficient resources.

Identify key data sources and take the time to clean the data and organize it into clean well structured sets.

Implement the project in steps and stages.

Define success in the early stages as MVPs and demos and not completed products.

Reserve enough data storage for the project.

Educate the company on AI and data terminology.

Build an MVP and test it with the target audience.

Identify key points of value and open gaps.

Prioritize the gaps and work to close them.

Continue to test with the target audience and measure the value the program provides.

Consider these best practices in your AI implementation.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.


Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.



Copyright (c) 2024, Hall Martin and investorconnect.org. All rights reserved.

Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.

Tags: