80% of corporate AI projects fail — twice the rate of other IT projects - eviltoast
80% of corporate AI projects fail — twice the rate of other IT projects
pivot-to-ai.com
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 …
  • pete_the_cat@lemmy.worldEnglish
    59·
    3 months ago

    Before I read this I said “it’s because they have no idea WTF AI actually is” and then it said

    The most common cause of failure is that the people running the projects have no idea what “AI” even is or does. “In some cases, leaders understand AI only as a buzzword and do not realize that simpler and cheaper solutions are available.”

    Called it! 🤣

    • slacktoid@lemmy.mlEnglish
      4·
      3 months ago

      AI is some dark magic that can peer into the future to some of these clowns (who I have unfortunately interacted with)