Alphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 3 months agoResearch shows more than 80% of AI projects fail, wasting billions of dollars in capital and resources: Reportwww.tomshardware.comexternal-linkmessage-square164fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-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 · 3 months agomessage-square164fedilinkfile-text
RAND Report - The Root Causes of Failure for Artificial Intelligence Projects and How They Can Succeed
minus-squareRememberTheApollo_@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months 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-squarerottingleaf@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoIt makes rich guys even richer. At the expense of other rich guys and just fools attracted.
minus-squareJax@sh.itjust.workslinkfedilinkEnglisharrow-up0·edit-23 months agoIt’s a circle jerk, don’t get fooled into thinking this is some new version of trickle down economics
minus-squareRememberTheApollo_@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months agoIt’s not trickle down at all. Definitely not what I was trying to say. Just rich people trading money among themselves in hopes of getting richer.
minus-squareCryophilia@lemmy.worldlinkfedilinkEnglisharrow-up0·3 months 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-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up0·3 months agoWhat’s better than paying someone’s salary?
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.
It makes rich guys even richer. At the expense of other rich guys and just fools attracted.
It’s a circle jerk, don’t get fooled into thinking this is some new version of trickle down economics
It’s not trickle down at all. Definitely not what I was trying to say. Just rich people trading money among themselves in hopes of getting richer.
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.
What’s better than paying someone’s salary?