95% of AIs Fail? DUH! What Health Innovators Should Know About MIT's GenAI Study

https://is1-ssl.mzstatic.com/image/thumb/Podcasts211/v4/44/a6/45/44a64599-fc9d-6fea-4b81-7b9ada92859c/mza_13727154607495055113.jpg/600x600bb.jpg

Hope, Power, and Healthcare

Chris Hemphill and Melissa Reilly

24 episodes

1 week ago

Insights and news for healthcare's innovators. Hear from change makers in healthcare & health technology about, and maybe even join us for a show!

Entrepreneurship

Business

RSS

All content for Hope, Power, and Healthcare is the property of Chris Hemphill and Melissa Reilly and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Insights and news for healthcare's innovators. Hear from change makers in healthcare & health technology about, and maybe even join us for a show!

Entrepreneurship

Business

https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/43556824/43556824-1745894328319-621fd33b192fa.jpg

95% of AIs Fail? DUH! What Health Innovators Should Know About MIT's GenAI Study

Hope, Power, and Healthcare

38 minutes 26 seconds

2 months ago

95% of AIs Fail? DUH! What Health Innovators Should Know About MIT's GenAI Study

Debunking the 95% AI failure rate, diving into the MIT study for healthcare innovators, and new insights from SCAN.

Join Chris and Melissa for yet another exciting episode of Hope, Power and Healthcare! This week, the hosts discuss an MIT study about the high failure rate of AI in business, offering a “No Hot Takes” approach, crucial for healthcare innovators.

Melissa touches on her insights and networking tips from recent conference experiences, and tips from Susan Rowan’s book, “How to Work a Room”.

Chris applauds SCAN’s “Healthcare is Broken” ad campaign, for its ability to hit a nerve in the industry.

The hosts encourage listeners to cultivate endurance, commitment, resilience and grit in their innovation journeys, comparing the process to running a marathon.

Join the Conversation: Join like-minded innovators and get in on the latest news in the healthcare space on Discord! https://discord.gg/CcaqGFag

Links from Today’s Episode:

The GenAI Divide: State of AI in Business 2025 (MIT):https://mlq.ai/media/quarterly_decks/v0.1_State_of_AI_in_Business_2025_Report.pdf

Scan Declares “Health Insurance is Broken” in New National Campaign (Fierce Healthcare):https://www.fiercehealthcare.com/payers/scan-declares-health-insurance-broken-new-national-campaign

Hosts:Chris Hemphill - Chris’s 17 years in healthcare technology have spanned sales, operations, data science IC, and AI leadership. Chris couples this with a focus on health equity and serves as the NYU McSilver Institute for Poverty Policy Research Fellow for Healthcare AI. Chris’s currently leads Modular Feedback, which focuses on helping healthcare innovators find and build thoughtful AI use cases: https://modularfeedback.com

Melissa Reilly - Melissa spent the last 20 years leading innovations at major payers: UnitedHealth Group(Optum Ventures), Aetna, and Evernorth/Cigna. She’s helped drive and commercialize multiple startups in AI & consumer testing, and she is now driving product and commercialization for healthcare innovators full-time. She brings industry expertise as well as a background in law, negotiation, & real estate. Her company’s name is STLTH.

Production:

Edited by Alyssa SchrollMusic by Chris Hemphill