Realizing business value
Realizing business value ultimately comes down to whether your business partners choose to act on the predictions of your ML models. Without action, the work of data scientists amounts to little more than a science experiment. Your business partners must be motivated and willing to make your predictions a part of their decision-making process. Gaining their trust is paramount.
In order to gain the trust of your company's decision-making leadership, you first have to ascertain what kind of solution you are building with AutoML. Some solutions are rather easily and rapidly adopted, while others are likely to encounter hard resistance.
There are key two factors that determine how readily your AutoML solution is accepted: whether your tool is replacing an existing solution and whether your tool is directly involved in an automated decision process or is assisting human decision makers. Figure 12.8 shows how difficult it is to gain acceptance based...
