1037
Research shows more than 80% of AI projects fail, wasting billions of dollars in capital and resources: Report
(www.tomshardware.com)
this post was submitted on 29 Aug 2024
1037 points (97.9% liked)
Technology
59428 readers
3120 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Is that better or worse than IT and software projects in general? It sounds like it might be better.
From the article - "which is twice the failure rate for non-AI technology-related startups."
I guess I should a) read the article and b) have a slightly better outlook of the field I'm in.
This is very broad. Compare AI to software projects and it's like a 5% difference. Picking every non AI and put it into the same pool is very misleading.
It's much worse. Generally speaking projects in large corporations at least try to make sense and to have a decent chance to return something of value. But with AI projects is like they all went insane, they disregard basic things, common sense, fundamental logic etc.