15 ms·
Currently hugged so I can't read the article, but I can only wonder how this compares to the batting average of any given R&D effort. 20% of projects succeeding
by ashryan 2y ago
Currently hugged so I can't read the article, but I can only wonder how this compares to the batting average of any given R&D effort. 20% of projects succeeding on a cutting edge technology might be pretty good, no?
- lolinder 2y agoThe original report is still up (linked to by a sibling) and says this: > By some estimates, more than 80 percent of AI projects fail — twice the rate of failure for information technology projects that do not involve AI. Also, given how early in the hype cycle we are, there are a lot of projects that haven't failed yet but will likely fail in the end.
- rodiger 2y agoAnd in a hype cycle many many more projects get off the ground that normally, outside of a hype cycle, wouldn't have ever received the requisite funding.