E146: The 92% AI Failure: Unmasking Enterprise's Trillion-Dollar Mistake
How I Invest with David Weisburd
How I Invest with David Weisburd is a podcast that interviews the world's leading institutional investors. Previous guests include The Ford Foundation, Northwestern University Endowment, CalPERS, Stepstone, and other top limited partners.
David Weisburd
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E146: The 92% AI Failure: Unmasking Enterprise's Trillion-Dollar Mistake

E146 • Mar 14, 2025 • 25 mins

In this episode of How I Invest, I sit down with Matt Fitzpatrick, CEO of Invisible Technologies and former head of McKinsey’s QuantumBlack Labs. Matt shares his deep insights on enterprise AI adoption, model fine-tuning, and the challenges businesses face when integrating AI into their workflows. We explore why only 8% of AI models make it to production, how enterprises can overcome friction points, and the future of AI-powered enterprise solutions. If you’re curious about the intersection of AI and business strategy, this episode is a must-listen.

Highlights: Enterprise AI Adoption: Why only 8% of AI models reach production and how companies can improve their success rates.

AI Fine-Tuning for Enterprises: The importance of domain-specific AI models and why general AI solutions don’t always fit enterprise needs.

The Data Challenge: Why poor data quality is the biggest barrier to AI adoption and how companies can fix it.

Human-AI Collaboration: The role of human feedback in training AI models for enterprise use cases.

Real-World AI Success Stories: How companies like Moody’s and Klarna successfully implemented AI solutions.

Invisible Technologies’ Vision: How Invisible is building an AI-powered enterprise services platform to modernize business operations.

Future of AI in Business: How AI-native companies will rethink workflows and software applications from the ground up. Matt’s Journey: From leading McKinsey’s AI lab to scaling one of the fastest-growing AI companies.

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Guest Bio: Matt Fitzpatrick is the CEO of Invisible Technologies, a rapidly growing AI-powered services company. Before joining Invisible, Matt led McKinsey’s QuantumBlack Labs, where he worked on large-scale AI and data transformation projects. He has extensive experience in enterprise AI adoption and has helped some of the world’s largest organizations modernize their operations using artificial intelligence.

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We’d like to thank @Carta and @Daloopa for sponsoring this episode!

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Sponsor: At Carta, we’re on a mission to connect the participants in private capital — from investors and LPs to their portfolio companies — through a suite of financial intelligence and reporting software that’s purpose-built for venture capital and private equity. Since 2018, we’ve been empowering GPs, CFOs, and CEOs to escape obsolete systems of disconnected FP&A tools — all in favor of a single, unified software suite that helps them make impactful strategic decisions and deliver outstanding results for their investors. Learn more at: www.carta.com/howiinvest.

Sponsor: Daloopa uses AI to provide the best fundamental data service for equity analysts globally. Daloopa empowers users to automatically update existing models and expedite new model builds so that users can spend more time on insights and ideas. Accurate data is central to all investment decisions and can influence speed and confidence for decision-makers. Daloopa believes that AI technology can improve clarity and efficiency for investors and financial markets. Learn more at: www.daloopa.com/how.

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Stay Connected: X / Twitter: David Weisburd: @dweisburd

LinkedIn: David Weisburd: https://www.linkedin.com/in/dweisburd/ Matt Fitzpatrick: https://www.linkedin.com/in/matthew-fitzpatrick-97b62722/

Links: Invisible Technologies: https://www.invisible.co/

Questions or topics you want us to discuss on How I Invest? Email us at [email protected].

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