Lean AI: Automate routine, make space to innovate
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The document discusses the concept of Lean AI, which aims to automate routine tasks to foster innovation by leveraging modern technology stacks and improving data utility within organizations. It differentiates between data, information, knowledge, and wisdom, emphasizing the need for creating thicker data to enhance decision-making and productivity. Additionally, it introduces the '25%-25%' rule for expected cost and productivity reductions from robotic process automation efforts.
Lean AI: Automate routine, make space to innovate
- 1. Lean AI Automate routine, make space to innovate Philosophie & Studio VV6
- 2. What is Lean AI? • Current technology stacks are getting more and more powerful – there is a lot more we can do with legacy software and data • We’re thinking about a new perspective that affects the entire operation - from data to machine to people and delivers more value from your existing systems Philosophie & Studio VV6
- 3. What is the narrowest task you can automate? Consider Philosophie & Studio VV6
- 4. First, data It’s not only 1’s and 0’s Philosophie & Studio VV6
- 5. Data are facts, such as names or numbers. If sensors are collecting these, there are electronic impulses when something happens when something moves. Information is slightly different in that it combines various data to say something that the data alone can’t say. For instance, data on our spending habits tell us about our financial behavior and about our patterns of expenditures–that is information, not just groups of unrelated numbers. Source: Information and the Modern Corporation, James W Cortada, MIT Press step 1 step 2 Philosophie & Studio VV6
- 6. Knowledge is more complicated than data or information because it combines data, information and experiences from logically connected groups of facts (such as budget data from a department) with things that have no direction or obvious connections (such as previous jobs and experiences). Then there is wisdom: the ability to make sense of data, information, and knowledge in ways that are relevant to the organization. Source: Information and the Modern Corporation, James W Cortada, MIT Press step 3 step 4 Philosophie & Studio VV6
- 8. Data Utility • An organization is a technological system comprised of hardware, software and people • What can be done to improve data utility? • Creating thicker data will improve an organization’s data utility: and create exponential marginal utility for better decision making, productivity and faster innovation cycles Philosophie & Studio VV6
- 9. VV6 Philosophie research, strategy, writing product workshops, prototyping Kernel Writing a plan for what is ahead Analog p/t system thinking hopefully with leadership step 1 step 2 step 0 Philosophie & Studio VV6
- 10. VV6 Philosophie research, strategy, writing product workshop, prototyping Hypothesis & Human-Machine System Design Digital Prototyping Contextual & proprietary I.P. Org’ Design & More step 3 step 4 step 5 step 6 (optional) Philosophie & Studio VV6
- 11. VV6 Philosphie research, strategy, writing product workshop, prototyping Contextual & proprietary I.P. Org’ Design & More step 5 step 6 Philosophie & Studio VV6
- 12. Malcolm Frank, Paul Roehrig & Ben Pring. “What to Do When Machines Do Everything.” “We think your baseline expectation should be cost reductions of 25%, with an associated productivity increase of 25%. Based on where the current average is today (around 15%), and the productivity improvement seen by some solutions (up to 90%), this should be your achievable near-term rule of thumb for initial robotic process automation efforts.” The 25% - 25% Rule Philosophie & Studio VV6
- 13. Philosophie is an agile product consultancy with offices in LA, New York, San Francisco and Seattle Philosophie VV6 is a New York based innovation consultancy and research studio operating between academia and industry. VV6 We have worked together on a number of projects and are excited to share more about this unique and proprietary new offering. philosophie.is vv6.co emerson@philosophie.is x@vv6.co Philosophie & Studio VV6