On: 80% of AI Projects Crash and Burn, Billions Wasted...

[dwallin]

An interesting note:

> 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 60% general success rate vs 20% for an emerging technology that doesn't really have established best practices yet? That seems pretty good to me.

[_heimdall → dwallin]

Timing will play a role in how that number shakes out. AI projects often stacked huge investments and may not yet have had enough time to burn through all the cash or have it clawed back by investors.