Improve The Success Rate Of Your Machine Learning Projects With bizML

SummaryMachine learning is a powerful set of technologies, holding the potential to dramatically transform businesses across industries. Unfortunately, the implementation of ML projects often fail to achieve their intended goals. This failure is due to a lack of collaboration and investment across technological and organizational boundaries. To help improve the success rate of machine learning projects Eric Siegel developed the six step bizML framework, outlining the process to ensure that everyone understands the whole process of ML deployment. In this episode he shares the principles and promise of that framework and his motivation for encapsulating it in his book "The AI Playbook".AnnouncementsHello and welcome to the Machine Learning Podcast, the podcast about machine learning and how to bring it from idea to delivery.Your host is Tobias Macey and today I'm interviewing Eric Siegel about how the bizML approach can help improve the success rate of your ML projectsInterviewIntroductionHow did you get involved in machine learning?Can you describe what bizML is and the story behind it? What are the key aspects of this approach that are different from the "industry standard" lifecycle of an ML project?What are the elements of your personal experience as an ML consultant that helped you develop the tenets of bizML?Who are the personas that need to be involved in an ML project to increase the likelihood of success? Who do you find to be best suited to "own" or "lead" the process?What are the organizational patterns that might hinder the work of delivering on the goals of an ML initiative?What are some of the misconceptions about the work involved in/capabilities of an ML model that you commonly encounter?What is your main goal in writing your book "The AI Playbook"?What are the most interesting, innovative, or unexpected ways that you have seen the bizML process in action?What are the most interesting, unexpected, or challenging lessons that you have learned while working on ML projects and developing the bizML framework?When is bizML the wrong choice?What are the future developments in organizational and technical approaches to ML that will improve the success rate of AI projects?Contact InfoLinkedInParting QuestionFrom your perspective, what is the biggest barrier to adoption of machine learning today?Closing AnnouncementsThank you for listening! Don't forget to check out our other shows. The Data Engineering Podcast covers the latest on modern data management. Podcast.__init__ covers the Python language, its community, and the innovative ways it is being used.Visit the site to subscribe to the show, sign up for the mailing list, and read the show notes.If you've learned something or tried out a project from the show then tell us about it! Email [email protected]) with your story.To help other people find the show please leave a review on iTunes and tell your friends and co-workers.LinksThe AI Playbook: Mastering the Rare Art of Machine Learning Deployment by Eric SiegelPredictive Analytics: The Power to Predict Who Will Click, Buy, Lie, or Die by Eric SiegelColumbia UniversityMachine Learning Week ConferenceGenerative AI WorldMachine Learning Leadership and Practice CourseRexer AnalyticsKD NuggetsCRISP-DMRandom ForestGradient DescentThe intro and outro music is from Hitman's Lovesong feat. Paola Graziano by The Freak Fandango Orchestra/CC BY-SA 3.0