this post was submitted on 29 Aug 2024
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Research shows more than 80% of AI projects fail, wasting billions of dollars in capital and resources: Report (www.tomshardware.com)
submitted 2 months ago by Alphane_Moon@lemmy.world to c/technology@lemmy.world
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RAND Report - The Root Causes of Failure for Artificial Intelligence Projects and How They Can Succeed

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[–] explodicle@sh.itjust.works 3 points 2 months ago (1 children)

Thats a "Parable of the Broken Window". They could be spending their money on something actually useful.

[–] sugar_in_your_tea@sh.itjust.works 3 points 2 months ago (1 children)

But they probably wouldn't, they'd just throw it at gold, crypto, or something else that doesn't provide any real value.

[–] explodicle@sh.itjust.works 1 points 2 months ago

Even stuffing it under a mattress is better than wasting people's time.