• SMR Article: The Rare, Crucial Move to Business Metrics for Establishing ML's Value

  • Feb 26 2024
  • Length: 19 mins
  • Podcast
SMR Article: The Rare, Crucial Move to Business Metrics for Establishing ML's Value cover art

SMR Article: The Rare, Crucial Move to Business Metrics for Establishing ML's Value

Listen for free

View show details

  • Summary

  • In this episode, Eric Siegel narrates his article in MIT Sloan Management Review, "What Leaders Should Know About Measuring AI Project Value."

    Most AI/machine learning projects report only on technical metrics that don’t tell leaders how much business value could be delivered. To prevent project failures, press for business metrics instead.

    Access the original article here: https://sloanreview.mit.edu/article/what-leaders-should-know-about-measuring-ai-project-value/

    This article is excerpted from Eric's new book, The AI Playbook: http://www.bizML.com

    The full details of the article's central example are within a sidebar of the original article (not read through in detail within this podcast episode). You can also access this spreadsheet with the same calculations if you would like to try out different scenarios — such as varying the model lift, the number of transactions held, or the cost of each FP and FN.
    Show More Show Less
Economics
Show More Show Less

What listeners say about SMR Article: The Rare, Crucial Move to Business Metrics for Establishing ML's Value

Average Customer Ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.com.au reviews

Amazon Reviews
No Reviews are Available
In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.