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Why Many Web Projects Fail, Prepare for 2014

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Vibe Web Solutions Limited said that after years of working with various clients, it often wondered why some of the projects have failed even beyond launching and why so many of the clients have to return after their Web Projects fail.

Meanwhile, about 75% of businesses come from projects where someone else could not get the job done.  The most common situation is what the Company called the “Money Pit – No Clear Vision and Purpose”.

This informed the article on: the most common reasons why so many web projects fail, especially in 2013, even as companies and individuals get ready for 2014.

Jumping the Gun:
Lack of a clear definition of the scope and requirements:  Everyone is so anxious to get going and they think they know where they are going.  But they don’t think about how it’s going to work and what happens under different scenarios.

This is especially true when a company puts their business online.  How will this new process affect your business? 

Most clients think they know what they want, but the devil is in the details.  I can’t tell you how many clients we meet with that when pressed to detail their process, haven’t thought through all of the ramifications. 

Make sure you go through a detailed planning exercise before you start building.  Make sure building something that your customers want and need, not just what you want. Get input from customers.

Do not want to pay for the service rendered:
This kind of approach as 100% fail rate. If the client approach business this way then he will frustrate the web developer from rendering high standard service and in return get disappointed. In most cases they end up spending more than they want.

The “Facebook Syndrome” Biting off more than you can chew. 
Be careful not to bite off more than you can chew.  Rome wasn’t built in a day.  If you have a really complex project, do it in phases.  You don’t have to publish it all on the web at once.  There is nothing wrong with replacing your existing website after three or four phases are completed.

Putting the Design First:
Designing without purpose or function.  We have seen some absolutely beautiful designs for new projects that just cannot be built or would be too expensive to build.  It’s best to wireframe out all of the functionality taking into account the platform you’re using before the design is done.   Then have your development team work with the designer, so together they come up with something that is beautiful and functional.  Otherwise you could come up with a Frankenstein site that is neither.

Getting Off Track: Scope Creep: 
This happens a lot. A good PM’s main job is to keep things on track.  It’s natural as you go through the development, to come up with new ideas and things you want.  You need to realize that every time you make a change, it adds to the time and cost of your project.  Changes late within the process have large affects.  If a website is built and tested, you will have to retest after the change.  Some changes are beneficial, especially if they make the website better for your users.  But lots of indecision and changing can derail a project.   Scope Creep happens when decision makers aren’t involved early on or the project didn’t go through proper planning. 

No Functionality Testing:
Lack of cohesive Quality Assurance.    It’s important to unit test each piece of functionality and then do regression testing on the final product.   All projects have bugs, so it’s better to have the developers find the problems instead of your users.  We usually set aside 20% to 25% of the development time to perform proper QA.  Make sure there is a comprehensive QA Plan, otherwise you could get a website that has a lot of issues.  Developers need to be thinking about quality from day one and be responsible to fix their problems.  Otherwise it could get very sloppy.

Building a successful web project requires all of these areas to be properly addressed. Failure to perform any of these tasks could derail a project which ends up being completely wasted money in the budget.  When you select a developer make sure they can address all of these before you start. Properly done projects can be a tremendous asset to the wellbeing of your company.   


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Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands

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Eric Schmidt, former Google CEO
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Eric Schmidt, former Google CEO has expressed concerns about the extreme risks posed by artificial intelligence (AI) falling into the hands of terrorists or rogue states.

Schmidt, Ex Google Chief Says AI Risky in Terrorist Hands

Eric Schmidt, former Google CEO

He warned that nations such as North Korea, Iran, and Russia could adopt AI technologies to develop weapons capable of causing significant harm, including biological weapons.

Schmidt urged governments to oversee private tech companies, emphasising, “The real fears I have are not the ones most people discuss about AI, I talk about extreme risk.”

“I’m always worried about an ‘Osama Bin Laden’ scenario, where truly evil individuals take control of some aspect of modern life to harm innocent people,” he added.

With private companies driving AI advancements, he stressed the need for careful government monitoring and regulation. “It’s really important that governments understand what we’re doing and keep their eye on us,” he said.

His remarks followed a two-day AI summit in Paris, where the UK and the U.S. declined to sign a communiqué outlining the future direction of AI. The declaration on “inclusive and sustainable artificial intelligence for people and the planet” was endorsed by 57 countries, including India, China, the Vatican, the EU, and the African Union Commission.

The UK justified its decision, stating that the agreement lacked “practical clarity” on global AI governance and national security concerns.

Schmidt supports U.S. export controls restricting the sale of advanced AI microchips to certain countries, aiming to slow adversaries’ progress in AI research.

He also highlights the importance of international collaboration on AI safety, suggesting that cooperation with nations like China is essential to addressing global AI challenges.

 

 


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OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk

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Sam Altman, chief executive of ChatGPT-owner OpenAI
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Sam Altman, chief executive of ChatGPT-owner OpenAI, has firmly declared the company “not for sale” following a $97.4bn (£78.4bn) takeover bid from a consortium led by Elon Musk.

OpenAI CEO Rejects $97.4Bn Takeover Bid from Elon Musk

Elon Musk

Speaking at the AI Action Summit in Paris, Altman emphasised OpenAI’s mission to develop AGI (artificial general intelligence) for the benefit of humanity.

Marc Toberoff, attorney for Elon Musk, confirmed the bid submission on Monday.

In response, Altman humorously offered to buy Twitter for $9.74 billion on Musk’s platform.

Unlike many tech giants, OpenAI is not publicly traded but operates through a complex partnership between non-profit and for-profit entities.

Musk aims to return OpenAI to its non-profit roots, despite owning a rival firm, xAI.

Christie Pitts, a tech investor, expressed scepticism about Musk’s intentions, noting his competitive interests.

Altman echoed this sentiment, suggesting Musk’s move disregards OpenAI’s mission.

Altman, who holds no stock in OpenAI, advocates transforming the organisation into a fully for-profit company to raise more funds for AI research.

Although the board has the final say, the $97.4bn offer falls short of OpenAI’s previous $157bn valuation and rumoured $300bn in future funding talks.

Toberoff stated the consortium might increase their bid. Meanwhile, OpenAI is collaborating with Oracle, a Japanese investment firm, and an Emirati sovereign wealth fund on “The Stargate Project,” a $500 billion AI infrastructure initiative announced by President Donald Trump.

 

 

 

 


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Adobe Launches AI Video Tool to Compete with OpenAI

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Adobe yesterday released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge, but said it will not set pricing for major users such as studios until later this year.

The Firefly Video Model, as Adobe is calling the service, will compete against Sora, a model developed by ChatGPT creator OpenAI, and startup Runway, both of which currently offer video-generation services. Facebook owner Meta Platforms has also developed a video-generation AI model but has not given a timeline for when it will be released.

Adobe’s model differs from its rivals because it is geared toward generating clips that will fit into how film and television studios use Premiere Pro, its flagship video editing software.

To that end, many of the features that Adobe is emphasizing revolve around feeding existing shots into the video model and asking it to generate clips that fix or expand on shots that were taken on a real production set but that did not come out quite right.

Adobe said the service will generate five-second clips at 1080p resolution. While that is shorter than the clips of up to 20 seconds generated by OpenAI’s service, Adobe executives said the majority of individual clips in most productions are only three seconds.

Adobe said a user can generate 20 clips per month for $9.99 and 70 clips for $29.99. That compares with 50 videos for $20 per month with OpenAI’s plan at lower resolution and a $200 OpenAI plan that can handle longer, higher resolution videos.

Adobe is also working on a “Premium” pricing plan for studios and other high-volume video users and will release those pricing details later this year. Alexandru Costin, Adobe’s vice president of generative AI, said the company is working to generate 4K video and will remain focused on quality rather than longer clips.

“We actually think that great motion, great structure, great definition scheme, making the actual clip look like it was film, is more important than making a longer clip that’s unusable,” Costin told Reuters.

 


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