The Mythical AI ROI!

A few companies claimed ROI from AI. (About 6% if you believe McKinsey or 5% if you believe MIT.)

And by few, we mean a few. One in twenty (1 / 20) is not a lot. And that’s just some ROI, not amazing ROI. Not necessarily enough to justify the elimination of even a single human (that you had hoped to replace), as that human is still generating more ROI than the BS AI you were sold (and making decisions at a much higher success rate).

There’s only one way to get true AI ROI.

1. Stop believing in Artificial Intelligence, realize all the vendors claiming it are only offering Artificial Idiocy, and that the best you can get is Augmented Intelligence.

Repeat

2. Identify a major problem that is hurting.

3. Use your Human Intelligence (HI) to map the current, and required, workflows end-to-end.

4. Identify all the manual steps that could be automated with the right data.

5. Do the hard work of identifying where all the data is, implementing a data orchestration platform to collect it all, and make it forward deployed everywhere it is needed for task automation.

6. Automate each step with the appropriate (A)RPA tool.

7. Implement a workflow orchestration platform to connect all of the steps together to the extent possible which ensures everything that can be automated with the automation and orchestration tools is once the intelligent human provides the right inputs and makes the right decisions.

8. Analyze where humans are still involved and where human inputs and/or decisions can be further automated through the integration of additional (external) data feeds and encoding of the (business) logic the human always uses to make the decision.

9. Analyze what’s left and determine where “AI”, even with a poor accuracy rate and hallucinations, could be helpful to an intelligent human making decisions and acquire small, focussed, specialized model licenses only for those steps.

10. Ensure Augmented Intelligence, connected to your forward deployed data, is available everywhere Human Intelligence (HI) requires it to make a decision.

until all major problems solved.

One by one. Put the effort in once, do it right, and with modern tech, you’ll never have to do it again.

You only win with AI when you’ve first centralized, validated, and forward deployed your data; implemented deterministic (adaptive) robotic process automation everywhere you can, and identified precise use cases where custom solutions actually provide a benefit (and not just a fairy-tale promise).