What are you trying to do? Are you trying to lose weight? If so, I think
HIIT may work for you? Are you trying to develop endurance? Are you trying to improve your cardovascular system? If so,
HIIT will help somewhat. Are you trying to become more muscular? If so,
HIIT definitely won't work for you?
I follow Joe Friel's recommendations and don't recommend
HIIT to newbies until you have built up your base fitness and riding a bike 10 minutes twice / day 4 days a week will not build up base fitness. The rate of burnout and potential injury is too high.
Build up to 1-hour long exercise sessions before you start HIITing. That will increase your endurance, strengthen your cardiovascular system and burn some fat. Plus, watch your diet otherwise you won't lose weight. And hit the weight room!