this post was submitted on 29 Aug 2024
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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)
submitted 3 months ago by Alphane_Moon@lemmy.world to c/technology@lemmy.world
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RAND Report - The Root Causes of Failure for Artificial Intelligence Projects and How They Can Succeed

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[–] SapphironZA@sh.itjust.works 0 points 3 months ago (2 children)

The problem is the bulk of it is going to Nvidia.

[–] lemmyvore@feddit.nl 0 points 2 months ago (1 children)

Well probably not just Nvidia but the next likely beneficiaries are in the same range (Microsoft etc.)

[–] sugar_in_your_tea@sh.itjust.works 0 points 2 months ago (1 children)

The money goes to Microsoft/Google/Amazon/etc, which they goes to Nvidia.

[–] lemmyvore@feddit.nl 0 points 2 months ago

They buy the hardware once then sell services based on it.

[–] Steve@startrek.website 0 points 2 months ago

Don’t forget all the fuel burned for electricity to power it!