AI's Dirty Secret: Why 80+% of AI projects Fail and What To Do About It

The field of artificial intelligence, data science, and analytics is crippling itself. Exaggerated promises of unrealistic technologies, simplifications of complex projects, and marketing hype are leading to an erosion of trust in one of our most critical approaches to making decisions: data driven. This event aims to counter the AI hype with a dose of realism.

In this talk, Dr Evan Shellshear will present key insights on the high failure rates of data science projects (80+%), and provide a number of lessons learnt based on case studies from the field. Evan will draw on many of the findings that he and co-author Douglas Gray have collected and analysed in their new book, Why Data Science Projects Fail.

In this talk you will learn:

• The most important challenges facing organisations trying to implement AI projects based on the real-world of data science projects.
• What the data says about failure rates for mature vs. immature data teams, and what sets successful teams apart.
• What your organisation needs to do in order to double your chances of success, technically and across the business.

About Evan:
Dr Evan Shellshear is the Managing Director and Group CEO of Ubidy, an innovative global recruitment marketplace connecting employers to specialist agencies, and an expert in artificial intelligence with a Ph.D. in Game Theory from the Nobel Prize winning University of Bielefeld in Germany. He has almost two decades of international experience in the development and design of AI tools for a variety of industries having worked with the world's top companies on all aspects of advanced analytical solutions from optimisation to machine learning in applications from HR to oil and gas, and robotics to supply chain. He is also the author of the Amazon best seller, Innovation Tools.

Event schedule:
5:30 pm: Networking (30 mins)
6:00 pm: Presentation and Q&A (1 hour)
7:00 pm: Networking (30 mins)

Please Note: The meetup is now taking place at the Stair Stadium in the Precinct, which is accessed via the elevator on the ground-level.