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AI Fundamentals – No Technical Jargon (AI Project Plan Prompt Included)

Let’s cut the fluff and dive straight into Artificial Intelligence (AI) without the jargon and the yawns. Whether you’re a business owner, a tech enthusiast, or just someone who’s been hearing “AI” thrown around at every coffee break, this guide is for you. Let’s break down AI in the most straightforward, no-nonsense way possible.

What is AI Anyway?

At its core, AI is like giving your computer a brain. Not a fancy, thinking brain, but one that can perform tasks that typically require human intelligence. Think recognizing speech, understanding natural language, playing games, or even driving cars. It’s about making machines smarter, not about creating robot overlords (yet). 🤔

2. Types of AI – Keeping It Simple:

Narrow AI: This is AI that’s designed to perform a specific task. Siri, Alexa, and recommendation algorithms on Netflix are all examples. They’re great at their jobs but can’t do anything outside their designated functions.

General AI: The stuff of sci-fi movies. This AI would understand, learn, and apply intelligence across a wide range of tasks, just like a human. We’re not quite there yet.

3. How Does AI Work?

Think of AI as learning from data. The more data it gets, the better it can perform. It uses algorithms (aka math stuff or a fancy word for step-by-step instructions) to find patterns and make decisions based on that data. It’s like teaching a child by showing them examples until they get it.

4. Real-World Applications – Not Just Buzzwords:

Customer Service: Chatbots that handle inquiries 24/7.

Healthcare: AI assisting in diagnosing diseases.

Finance: Fraud detection and automated trading.

Retail: Personalized shopping experiences.

5. Why Should You Care About AI?

AI can streamline your operations, provide insights you might have missed, and free up your team to focus on what they do best. It’s not about replacing humans but augmenting what we can do. Remember when your boss cut your budget and said, “We all have to do more with less?”. Yeah, it’s that.

6. Getting Started with AI – No Advanced Data Science Needed:
  • Identify the Problem: What’s a repetitive task or a decision-making process that could use a boost?
  • Outline reasonable goals and timelines (a consultant can help here- you can also ask o1. Seriously, try it.)

Try this prompt today!
  1. Copy the content bellow and stop at the next set of “***”.
  2. Replace [varibles] with your data.
  3. Put in 4o or o1.
  4. Sit back and watch this do its thing.
  5. Proof Read
  6. Talk or make updates as a partner with the model. Just tell it what you do or do not like.
  7. Go forth and do. Fail fast, research, and learn how to keep improving.

Define the goal of your AI project:

“We are looking to solve [business problem/opportunity] by using AI to [specific outcome]. Our goal is to achieve [desired result], which will [impact on business].”

Scope of the project:

“The AI project will focus on [specific area of business] and will not cover [excluded areas]. The expected timeline is [timeline in months/weeks].”

Identify data needs:

“We currently have [existing data], but will need to gather [additional data]. Our data requires [data cleaning/processing steps].”

Technology stack:

“The tools and technologies we plan to use include [AI tools, platforms, programming languages, cloud services].”


Resource plan and team requirements:

“For this project, we will need [number] of people.     



Risk management:

“Key risks include [potential risks] such as [example risk]. To mitigate this, we will [risk mitigation plan], for instance, [pilot testing, data assessment].”

Define success metrics:

“We will measure success through [success metrics] like [KPIs], aiming for [specific targets] such as [example of measurable improvement].”

Stakeholder communication:

“Our key stakeholders are [list of stakeholders], and we will keep them informed through [communication methods, e.g., reports, meetings] at [frequency of updates].”

Long-term vision:

“After the initial phase, we envision scaling the AI project to [future goals], which will allow us to [long-term benefit or use case].”

Key roles include:

1. Maybe a Data Scientist or a really good prompt wizard: [junior/mid-level/senior], with [years of experience] in [relevant tools/skills].

2. AI or Infrastructure Engineer: [junior/mid-level/senior], with experience in [AI frameworks or technologies]. (API Experience needed)

3. Project Manager or Project Lead: [seniority], responsible for [key tasks and management].

4. SME (Subject Matter Expert): Experience in [business domain]. (Must have SME)

We might need additional training in [specific skills/upskilling areas/help with X].”

 

Execution strategy:

“Our strategy will follow a phased approach:

1. Phase 1: [specific milestone]

2. Phase 2: [specific milestone]

3. Phase 3: [specific milestone]

We will start with a pilot project focusing on [pilot focus], then scale based on the results.”

This prompt allows users to quickly fill in the relevant information for project planning, resource allocation, and strategy formulation for their first AI project.

  • Choose the Right Tools: There are plenty of AI tools and platforms out there. Find one that fits your needs.
  • Start Small: Don’t try to overhaul everything at once. Begin with a pilot project and scale from there. Just because you can does not mean you should…
AI isn’t magic but it’s pretty close.

Start by understanding the basics and implementing it thoughtfully, you can unlock new opportunities and efficiencies in your business.

Don’t hesitate to reach out if you need help!

Go forth and do great things!

https://medium.com/@johnpetty_71672/ai-fundamentals-no-technical-jargon-ai-project-plan-prompt-included-166faf09c7be

1 Comment

  • Ashton Porter
    Posted September 6, 2023 at 10:51 am

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