80% of corporate AI projects fail — twice the rate of other IT projects
80% of corporate AI projects fail — twice the rate of other IT projects
Companies are doing lots of shiny new information technology projects based on this year’s hottest new tech, Artificial Intelligence! And 80% of these fail — double the failure rate of other …
Good, it'll be the new dot com bubble. I'm tired of tech bullshit
Is it because it doesn’t work and can’t work for the always-fictional magical Candyland of Tomorrow where workers are all AI and all the companies who fired everyone because they blew their money on magic beans are going to crash horribly in an inferno of enshittification?
Huh.
Don't sleep on "they have identified neither a problem or a solution" to build a project around even if the technology worked like they want it to.
I really hate it that I already see in my mind the linkedin types going like "80% of AI projects fail—how you need to sleep in the office 7 days of a week to reach the 20%". I mean Y Combinator used to take pride on the fact that over 90% of startups fail, do you have what it takes to be a ten percenter??
Give it time, it will inch closer to 100%...
That cold shiver running down your spine once you start on a project, and you realize how much data you need to train the models, then realizing you have no idea how to get any of it, and you have to go into production before the big trade show/analyst report deadline. mwah
