Research shows more than 80% of AI projects fail, wasting billions of dollars in capital and resources: Report
The AI industry is fraught with failure.
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This looks like a crypto bubble.
20% success rate, that's pretty high to say it would ever go away. 80% of restaurants close in the first five years, that bubble hasn't popped.
But it has historically over the past 50 years been dominated by franchised chains. Which is to say.....terrible.
Agreed, which inevitably means chains would lower the rate of failure as well, so I imagine first timers fail at higher rates : / I always regret that I don't eat at more hole in the walls.
and yet crypto recieves speculative investment to this day. Say what you will about AI, at least the end product can sometimes do something.
