How to recognize AI snake oil [pdf]
I don't have time to read the entire paper but I would like to share an anecdote. I worked at a company with a well staffed/funded machine learning team. They were in charge of recommendation systems - think along the lines of youtube up next videos. My team wanted better recommendations (really, less editorial intensive) so the ML team spent weeks crafting 12 or more variants of their recommendation system for our content. We then ran that system for months in an A/B testing system that judged user behaviour by several KPI. The result was all variants performed equally well within statistically insignificant bounds. The best performing variant happened to be random.Talking to other groups that had gone through the exact same process our results were pretty typical. These guys were all very intelligent and the code and systems they had implemented were pretty impressive. I'm guessing the system they built would have cost a few million dollars if built from scratch. We did use this "AI/ML" in our marketing so maybe it was payed for by increased sales through use of buzz words. But my experience was that in most limited use cases the technology was ineffective.