IBM VP: AI is causing companies to “rethink the spirit of failure”

Fortune

IBM Consulting APAC Senior Partner and VP Charu Mahajan told the Fortune Innovation Forum that failure with AI experimentation "is no longer regarded as something that you need to hush up."

Transcript

00:00I think AI has made businesses rethink the kind of skills and the spirit of failure a lot more.

00:07There is a statistic which says 85% of the companies are stuck in this pilot purgatory

00:12where they're constantly trying to innovate with AI and they're really going nowhere.

00:16I think what's really happening there is the fact that they're starting to experiment with technologies like this.

00:22Having said that, they don't have the skills to be able to adapt to technologies like this,

00:26and failure is still regarded as an extremely important way in which you advance in corporate careers.

00:32The best thing that can happen out of AI is the fact that the experimentations become very central to the company.

00:38And since a lot of the corporates around us and our clients are still experimenting with this,

00:44being able to fail is no longer regarded as something that you need to hush up.

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