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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 [email protected] to c/[email protected]

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cross-posted from: https://lemmy.world/post/19178497

RAND Report - The Root Causes of Failure for Artificial Intelligence Projects and How They Can Succeed

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[–] [email protected] 20 points 2 months ago

Tech projects failing is normal, what's more telling is comparing them to non-AI tech projects.

But according to research by the RAND Corporation, over 80% of these AI projects will fail — which is twice the failure rate for non-AI technology-related startups.