▲ | brettgriffin 3 days ago | |||||||||||||||||||||||||
> Despite the rush to integrate powerful new models, about 5% of AI pilot programs achieve rapid revenue acceleration; the vast majority stall, delivering little to no measurable impact on P&L. This summer, I built two very sophisticated pieces of software. A financial ledger to power accrual accounting operations and a code generation framework that scaffolds a database from a defined data model to the frontend components and everything in between. I used ChatGPT substantially. I'm not sure how long it would have taken without generative AI, but in reality, I would have just given up out of frustration or exhaustion. From the outside, it would appear to any domain expert that at least three other people worked on these giving the pace at which they got completed. The completion of those two were seminal moments for me. I can't imagine how anyone, in any field of information systems, is not multiples more effective than they were five years ago. That directly affects a P&L and I can't think of anything in my career that is even remotely close to having that magnitude. I don't know what encapsulates an AI pilot in these orgs, and I'm sure they are massively more complex than anything I've done. But to hear 95% of these efforts don't have a demonstrable effect is just wild. | ||||||||||||||||||||||||||
▲ | soiltype 3 days ago | parent | next [-] | |||||||||||||||||||||||||
> From the outside, it would appear to any domain expert that at least three other people worked on these giving the pace at which they got completed. Did several domain experts tell you this or are you making it up? > I can't imagine how anyone, in any field of information systems, is not multiples more effective than they were five years ago. Perhaps "they are massively more complex than anything I've done" | ||||||||||||||||||||||||||
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▲ | nemomarx 3 days ago | parent | prev | next [-] | |||||||||||||||||||||||||
I think they mean integrating AI into the business system directly and not using it to code things. I can see that having a more neutral impact | ||||||||||||||||||||||||||
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▲ | layer8 3 days ago | parent | prev | next [-] | |||||||||||||||||||||||||
“AI pilots” in the article refers to developing AI-based tools, not to using AI for software development. These projects have a 95% failure rate of successfully deploying the AI tool being developed into production. Regarding use of AI in software development (which is not what the article is about), the proof of the pudding isn’t in greenfield projects, it’s in longer-term software evolution and legacy code. Few disagree that AI saves time for prototyping or creating a first MVP. | ||||||||||||||||||||||||||
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▲ | ModernMech 3 days ago | parent | prev [-] | |||||||||||||||||||||||||
> But to hear 95% of these efforts don't have a demonstrable effect is just wild. Why tho? You used AI to make some software, but did you use AI to achieve rapid revenue acceleration? That you used AI to build software seems tangential to whether it can increase revenues. Over the years, we've seen many technologies that didn't deliver on promises of rapidly increasing revenues despite being useful for creating software (cough OOP cough), so this new one failing to live up to expectations isn't surprising. Actually given the history of technologies that over promise and under deliver on massive hype, disappointment should be the null hypothesis. |