Site has a database error, so can't read the report. But here's what it probably says. "80% of AI projects don't solve a critical customer need, and find themselves with low usage/sales, and eventually run out of runway"
It's the same reason most businesses fail. Sell something people want, and people will buy it. Sell something people don't care about, even if it's powered by cool tech, people still won't buy it.
It probably also says something about the high cost of AI... but frankly if you're providing enough value to the customer, you can up your prices to compensate. If your value is too low (ie: not selling something people want) people won't pay it.
It's the same reason most businesses fail. Sell something people want, and people will buy it. Sell something people don't care about, even if it's powered by cool tech, people still won't buy it.
It probably also says something about the high cost of AI... but frankly if you're providing enough value to the customer, you can up your prices to compensate. If your value is too low (ie: not selling something people want) people won't pay it.