The advice from Andrew Ng, former founder of Google Brain, former chief scientist at Baidu and founder and chief executive of Landing AI, on artificial intelligence (AI) is to just jump in. “It is a big journey, but jumping in is not hard,” says Ng. And indeed, in the past few years we’ve seen many folks jumping headfirst into AI. My journey in AI and machine learning has spanned over a decade, in which time I’ve built 100-plus machine learning models and 50-plus models in production that have been deployed in actual products. On my journey, I’ve learned firsthand what it takes to build an AI-driven company.
Read more about Andrew Ng’s views about creating an artificial intelligence company on Forbes. Key points he makes are:
1. Make sure decision makers, engineers and product managers are all data-minded.
2. Compile and centralize your data.
3. Build AI with a tangible goal in mind.
4. Allow room for failure.
5. Build privacy, security and ethics into the company’s DNA.
Ng is an experienced professional we have tracked and learned from for years.
His last point about building in privacy, security and ethics is a critically important one. The topic is of such critical importance that many firms are delaying deployment of AI based proof of concepts till they can be assured the solution will enable continued compliance with industry regulations and protect customer privacy and the corporate brand.
For a deeper dive into these topics see the special reporting for OODA Network Members on: