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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)
this post was submitted on 29 Aug 2024
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As I said in a project call where someone was pumping up AI, this is just the latest bubble ready to pop. Everyone is dumping $$ into AI, a couple decent ones will survive but the bulk is either barely functional or just vaporware.
Isn't that how innovation has always worked?
I feel like all this AI hate is comparable to any other innovation cycle.
Millions of light fabric and dowels wasted on crack pot "air heads" trying to design first ever flying vehicle
It sure feels like we're at the peak of the Gartner hype cycle. If so, the bubble will pop, and we'll end up with AI used where it actually works, not shoved into everything. In the long run, that pop could be a small blip in overall development, like the dot-com bust was to the growth of the internet, but it's difficult to predict that while still in the middle of the hype cycle.
What I don't get is the snobby attitude towards it though. I've commented else where that it has all the earmarks of being a manufactured outrage. It has all the same earmarks of any other media driven hate fest.
Think of the logic where you are both angry that it's useless, hateful of tech bros and still mad that they're wasting money on it.
To me it's just fun new thing I can play with and potentially might be something bigger might not be. But when I talk to people online it's like I'm talking immigration or gender with Republicans. It's all the and talking points, vitriolic statements and hate
What crypto wall? Isn't it back up?
I'd rather have all the AI and crypto than any streaming service or social media that everyone who complains about resources seems to use freely.
To me the crypto and AI is innovation which is where I want resources to go. The other crap is recreating things we already have just with extra waste and that goes ignored and makes me feel the outrage is fake or manufactured if the logic steps over a bunch of other things to focus on the new kid on the block.
I'm not saying that you're not. I am saying collectively these points about wasting resources is a bit much considering all the other wastes in relation to the anger those other things generate. It's not proportional. That isn't me saying people love it. But I am saying they do use a lot of other things that generate tremendous wastes in similar ways without care.
Im pretty confident it is manufactured. Manufactured in the same way the right despise LGQTB and immigrants. If you were too ask them if their hate was driven by other sources they say the same thing. Nobody is immune to it especially if we agree with thing. We all just go with it.
Doesn't change that we know fox news plays a big part of some people's opinions and views. Doesn't mean those people are not racist or bigots to begin with. But there's a stoking of the flames. Same here.
You don't find it weird that CNN frames it in an argument about greenhouse gas?
To me it's such an obvious appeal to certain groups. We're way past caring about wasting resources. We get rid of AI right now where are we left with? Nothing, nothing changes as far as wasting resources go. We don't fix anything removing it.
AI is practical and probably one of the most interesting developments with the potential to be a pretty big leveler if developed correctly.
But I think the problem is that because it can level playing field it's harmful to people who want to horde their power. So they have to use media to generate a lot of hate and angry towards it so we all reject it. Look at every AI headlines and replace AI with "immigrants" or "LGQTB" it's practically cut and paste. It's harassing women and children. It's taking our jobs. They're a waste of resources. They threaten your way of life.