The Data Illusion: Why Everyone’s Playing the Wrong Game With AI

Hello Project AI enthusiasts,

In this episode of the Project Flux podcast, Ritavan discusses his book 'Data Impact' and emphasises the importance of long-term thinking in data strategy.

He introduces the Slassog framework, which focuses on saving, leveraging, aligning, simplifying, optimising, and growing within organisations. The conversation explores the rapid changes in AI, the misconceptions of data as a commodity, and the necessity of optimising decisions based on data-driven insights.

Ritavan also shares insights on aligning organisational goals and the importance of execution in strategy, drawing parallels with investing principles for long-term value creation.

Check out the full podcast episode here.

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Takeaways

• Ritavan emphasizes the importance of long-term thinking over quick wins in data strategy.

• The Slassog framework provides a structured approach to simplify processes and drive growth.

• Organizations often chase quick wins due to unfamiliarity with new technologies.

• Data should be viewed as a proprietary asset rather than a commodity.

• Effective decision-making requires understanding trade-offs and optimizing outcomes.

• Forecasting is not enough; organizations must act on insights to create value.

• The rapid evolution of AI presents both opportunities and challenges for businesses.

• Investing principles can inform better operational strategies in organizations.

• Complexity in organizations often arises from attempts to solve problems without a strategic framework.

• A focus on empirical validity in decision-making can lead to better outcomes.

That’s it for today!

See you soon,

James, Yoshi and Aaron—Project Flux