Corporate America is adopting a fail-fast approach with AI to accelerate launches, speed ideation, learn quickly, and justify large AI investments while managing new risks.
Corporate America is taking a lesson from Silicon Valley: Fail fast
Large companies adopt a fail-fast AI strategy, launching many pilots to iterate rapidly and accept failures to stay competitive despite increased risks.
CEO of Alphabet's X, Astro Teller, on what makes a moonshot
X pursues moonshots that address huge problems with plausible product/service and breakthrough technology, accepts a 2% hit rate, and funds tests of wild, testable ideas.