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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 3 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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[-] DrQuickbeam@lemmy.world 5 points 3 months ago

This was my first thought. VC's always expect 4 out of 5 projects they invest in to fail and always have. But it still makes them money because the successes pay off big. Is the money and resources wasted? Welcome to modern capitalism.

this post was submitted on 29 Aug 2024

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