Alphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 2 years agoResearch shows more than 80% of AI projects fail, wasting billions of dollars in capital and resources: Reportwww.tomshardware.comexternal-linkmessage-square47linkfedilinkarrow-up1617arrow-down112file-text
arrow-up1605arrow-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 · 2 years agomessage-square47linkfedilinkfile-text
RAND Report - The Root Causes of Failure for Artificial Intelligence Projects and How They Can Succeed
minus-squareRememberTheApollo_@lemmy.worldlinkfedilinkEnglisharrow-up23arrow-down2·2 years agoWasting? A bunch of rich guy’s money going to other people, enriching some of the recipients, in hopes of making the rich guy even richer? And the point of AI is to eliminate jobs that cost rich people money? I’m all for more foolish AI failed investments.
minus-squareCryophilia@lemmy.worldlinkfedilinkEnglisharrow-up4·2 years agoImo it’s wasted in the sense that the money could have gone towards much better uses. Which is not unique to AI, it’s just about the level of money involved.
minus-squarerottingleaf@lemmy.worldBannedlinkfedilinkEnglisharrow-up3arrow-down1·2 years agoIt makes rich guys even richer. At the expense of other rich guys and just fools attracted.
Wasting?
A bunch of rich guy’s money going to other people, enriching some of the recipients, in hopes of making the rich guy even richer? And the point of AI is to eliminate jobs that cost rich people money?
I’m all for more foolish AI failed investments.
Imo it’s wasted in the sense that the money could have gone towards much better uses.
Which is not unique to AI, it’s just about the level of money involved.
It makes rich guys even richer. At the expense of other rich guys and just fools attracted.