Every Failure is a Tuition Fee we Pay to the School of Innovation
Innovation and Risk

Every Failure is a Tuition Fee we Pay to the School of Innovation

Innovation and Risk: Two Sides of the Same Coin

“Innovation” is a word we hear everywhere today, from boardrooms and classrooms to policy documents and startup pitches. It evokes excitement, disruption, and progress. Yet, there’s a side of innovation we seldom talk about with equal vigor, the “Risk”. Every act of innovation carries with it the possibility of failure, financial loss, or reputational damage. And unless we learn how to acknowledge, assess, and manage risk, the very spirit of innovation can backfire.

A Personal Lesson from GAHNA

Recently, while working on my Small Language Model (SLM) project GAHNA (Generative Architecture for Hyperlocalized Neural Assistants), I experienced this firsthand. GAHNA is part of my larger vision to help India build sovereign AI models; lightweight, domain-specific language models aimed to be developed transparently under the supervision of government, academia, snd industry, and trained on their own data in compliance with policies and norms. These models, I believe, will be the brains behind tomorrow’s AI agents.

After months of designing the architecture, when the very first version of GAHNA outputted the equivalent of a “Hello World,” my excitement knew no bounds. It felt like the first cry of a newborn - proof of life, proof of potential. Buoyed by that first-step success, I rushed to train it on a much larger dataset, eager to see more intelligent conversations emerge.

And that’s where my judgment faltered. The GPUs ran for days at full throttle, consuming massive resources. I waited with bated breath for a smarter, sharper model to emerge. Instead, what I got was degraded performance and a hefty GPU bill that burned a hole in my pocket.

In hindsight, I realized I could have done better by being incremental, by pausing to validate, by seeking expert advice, or by stress-testing before scaling. These are familiar reflections to anyone who has ever dared to innovate. The bitter truth is that risk is not just incidental to innovation; it is inherent to it.

The Risk-Innovation Equation

Innovation and risk are like the two sides of a coin. You cannot flip one without encountering the other. But what separates reckless experimentation from responsible innovation is calculative risk-taking. That means:

  • Meticulous planning - Thinking not just about the “what if it works” but also “what if it doesn’t.”

  • Incremental scaling - Breaking bold moves into smaller, testable steps to validate assumptions.

  • Revalidation - Pausing often to check if the innovation is still on the right track.

  • External perspectives - Inviting feedback from experts, peers, or stakeholders who can catch blind spots.

  • Resource discipline - Ensuring that enthusiasm doesn’t outpace budgets or sustainability.

Failure as a Teacher

The lesson I learned with GAHNA is simple but profound: every failure, small or big, is a tuition fee we pay to the school of innovation. It hurts financially, emotionally, and sometimes reputationally. But as long as we learn, recalibrate, and persist, those risks become stepping stones rather than stumbling blocks.

Innovation without risk is an illusion. Risk without planning is recklessness. The real magic lies in embracing both, learning the tricks of flipping the coin in your favour, and continuing to push boundaries without fear. After all, the future belongs not just to those who innovate, but to those who innovate wisely.

By the way, although this experience was a bad hit in the pocket, the GAHNA journey continues. Every setback has only strengthened my resolve and sharpened my perspective. I will carry forward all the lessons from this phase, about patience, incremental scaling, and calculative risk-taking into the next stage of training.

Innovation, after all, is not a straight road but a winding path, and with every turn, GAHNA is getting closer to becoming the lightweight, sovereign AI model I envisioned.

Panchali Chakraborty

HR Manager specializing in IT & Non-IT Recruitment and Business Development

1mo

Definitely worth reading

ML Chatterjee

Sr. Data Scientist - Python, Machine Learning, Deep Learning, scikit-learn, TensorFlow, GenAI, LLMs

1mo

Super, it carries a strong message that encourage innovation but never undermine the risk 👍

Abhisek Chakrabarti 🌿

Chief Digital Officer & Transformation Leader | Smart Plant, AI, IIoT & ESG | Delivering £100M+ ROI in Manufacturing | Views My Own

1mo

Well said: innovation without risk is impossible, and risk without planning is reckless. BCG’s 2023 survey shows 80% of executives rank innovation as a top priority, yet only 20% feel prepared to manage its risks. Your story is a powerful reminder that scaling too fast without guardrails can be more costly than moving deliberately. The real differentiator is learning from missteps and converting failure into a tuition fee for future breakthroughs.

Monali Sharma

Event Manager, Spokesperson @ AI for India Org | Master's in Mass Communication | Solar Renewable | AI in Education

1mo

Well written Sir, these are just small setbacks Sir, I wish you a great success with GAHNA🙏

Priti Sharma

Conference Producer | Event Specialist | Social Media Strategist | Brand Strategist | Sponsorship | Awards & Recognition | Celebrity Relations | Family Funds

1mo

Amazing Sir! So nicely explained. Indeed it's a tuition fee we pay each time we fail. Let's be positive.

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