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>> 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. So 40% o
by tompetry 2y ago
>> 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.
So 40% of projects with more proven/experienced technologies fail? That's super high. Replace "AI" with any other project "type" in the root causes and sounds about right. So this feels more of a commentary on corporate "waste" in general than AI.
- marcosdumay 2y agoAFAIK, nearly 60% of software projects fail. That means that 40% don't, what is about double of the 20% they are reporting for AI. That phrase you are quoting is probably a case of journalists being bad with numbers.