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Everyday AI Podcast – An AI and ChatGPT Podcast
The Everyday AI podcast is a daily livestream, podcast and free newsletter where we help everyday people grow their careers with AI.
The Everyday AI podcast is hosted by Jordan Wilson, a former journalist who's now the owner of a boutique digital strategy company with 20 years of martech experience.
Our main focus is to help you keep up with AI trends to make your job easier. Get your work done faster. Increase your output.
Start Here Series Inner Circle Connect
- Make sure to sign up for our daily newsletter at: https://youreverydayai.com
- Email us: info@youreverydayai.com
- Connect with Jordan on LinkedIn: https://www.linkedin.com/in/jordanwilson04/
In the Everyday AI podcast, we'll cover all things artificial intelligence, machine learning, and practical tips on how to use both in your daily life. We'll include a touch on a variety of topics, software and applications. We may be covering the latest AI news from Microsoft, Google, Facebook, Adobe and social channels like Snapchat, Tiktok, and Instagram. Or, we may be diving into software like ChatGPT, Midjourney, Bard, or Runway ML.
Everyday AI Podcast – An AI and ChatGPT Podcast
Ep 725: Measuring AI ROI: Why you’re doing it wrong and the 7 Steps to fix it (Start Here Series Vol 11)
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Why can't most companies show their ROI on GenAI?
Because their implementation is backwards.
If you're using the same digital transformation playbook that you used for the social media and cloud eras, you're in trouble.
On this 'Start Here Series' episode, we break down what your company is doing wrong and the 7 Step process to properly calculate ROI on your AI efforts.
Measuring AI ROI: Why you’re doing it wrong and the 7 Steps to fix it -- An Everyday AI Chat with Jordan Wilson
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Website: YourEverydayAI.com
Email The Show: info@youreverydayai.com
Connect with Jordan on LinkedIn
Topics Covered in This Episode:
- Proving and Measuring AI ROI in Companies
- OpenAI’s GDP Benchmark: AI vs Experts
- Debunking MIT’s Viral Zero ROI Study
- Quantitative AI ROI Data from Business Studies
- Invisible Productivity: AI Savings Pocketed by Workers
- Limitations of Pre-AI Job Roles and Metrics
- ROI Calculation: Time Saved and Cost Reduction
- Five Main Reasons AI ROI Isn’t Measured
- Seven-Step AI ROI Measurement Blueprint
- Importance of Ongoing AI Model Retesting
- AI ROI: Training, Education, and Implementation Gaps
Timestamps:
00:00 "AI ROI: Fixing the Debate"
04:50 "AI ROI Debate is Pointless"
08:03 AI Implementation Yields Positive ROI
12:13 AI Reshaping Work Structures
15:08 AI ROI Challenges
20:11 "Baseline Assessment Before AI Implementation"
23:49 "AI Operating System Discussion"
24:35 "Standardized Testing for AI Models"
28:26 "Rethink AI ROI Urgency"
31:37 "Everyday AI: Subscribe & Explore"
Keywords:
measuring AI ROI, AI return on investment, generative AI ROI, GenAI ROI measurement, ROI on artificial intelligence, AI productivity, time saved with AI, cost reduction with AI, AI-driven revenue increase, AI risk avoidance, AI implementation, baseline assessment of AI, BASE framework, pre-AI baseline, digital transformation and AI, quality metrics in AI, cost per task AI, error rates AI, throughput AI, AI utilization rate, AI pilot evaluation, AI business impact, AI model benchmarks,
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Start Here ▶️
Not sure where to start when it comes to AI? Start with our Start Here Series. You can listen to the first drop -- Episode 691 -- or get free access to our Inner Cricle community and all episodes: StartHereSeries.com
Also, here's a link to the entire series on a Spotify playlist.