Alphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 4 months agoResearch shows more than 80% of AI projects fail, wasting billions of dollars in capital and resources: Reportwww.tomshardware.comexternal-linkmessage-square172fedilinkarrow-up11.05Karrow-down122file-text
arrow-up11.02Karrow-down1external-linkResearch shows more than 80% of AI projects fail, wasting billions of dollars in capital and resources: Reportwww.tomshardware.comAlphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 4 months agomessage-square172fedilinkfile-text
RAND Report - The Root Causes of Failure for Artificial Intelligence Projects and How They Can Succeed
minus-squareDrQuickbeam@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·4 months agoThis 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 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.