๐ Level 1: Understanding AI Metrics (Start Here!)
Why AI Performance Metrics Matter
Netflix's Recommendation Engine
Netflix tracks that their AI recommendation system saves them $1 billion annually by reducing customer churn. They measure success through engagement rates, completion percentages, and user ratings!
Tesla's Autopilot Safety
Tesla measures AI performance through miles per accident - their autonomous driving shows 10x fewer accidents than human drivers. Safety metrics are literally life and death!
Amazon's Product Recommendations
35% of Amazon's revenue comes from AI recommendations! They track click-through rates, conversion rates, and average order value to optimize their algorithms.
The 4 Pillars of AI Metrics ๐๏ธ
โ ๏ธ Common Beginner Mistake #1: Vanity Metrics
Why it's wrong: These metrics look impressive but don't measure actual AI performance or business value!
โ The Right Way: Actionable Metrics
๐ฎ Try It Yourself: ROI Calculator
Calculate the ROI of your AI project! Enter the costs and benefits.