Skip to Content
Lean AI
book

Lean AI

by Lomit Patel
March 2020
Intermediate to advanced
234 pages
6h 33m
English
O'Reilly Media, Inc.
Content preview from Lean AI

Chapter 13. How to Reduce Risk

A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty.

Eric Ries

Being part of any startup business is inherently risky. The odds for success of any given venture-backed company are slim.

Unfortunately, there isn’t a linear path to success. The whole startup journey is an adventure full of many twists and turns, with no guarantees of fame and fortune. Every day you’re risking your own future on the power of your personal work ethic, market conditions, and other factors—some within your control, many outside of it—and hoping that your growth team will succeed in acquiring new customers and scaling up growth based on your success metrics.

I’m confident that fully embracing AI will lead to more rewarding outcomes than trying to drive growth without it. Embracing AI could help increase your probability for success because it accelerates your velocity of testing, learning, and making data-driven optimizations throughout the entire complex customer journey to better acquire, engage, retain, and monetize customers.

With great risk often comes great reward. There are failures, setbacks, and even complete reboots along the way, but if you don’t risk something, you’ll never gain anything. Great innovation comes from asking what could be and trying to mitigate the potential risks along the way.

In this chapter, we’ll discuss the key risks to beware of with AI and steps to take to help mitigate ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

Competing in the Age of AI

Competing in the Age of AI

Marco Iansiti, Karim R. Lakhani
Lean Analytics

Lean Analytics

Alistair Croll, Benjamin Yoskovitz
The CISO Evolution

The CISO Evolution

Matthew K. Sharp, Kyriakos Lambros

Publisher Resources

ISBN: 9781492059301Errata Page