95% of AI Projects Fail

[rando[Numbers]]

• Meta puts a hiring freeze on AI after poaching AI talent for millions, then restructuring and downsizing. [Source]
• MIT study indicating that 95% of organizations studied get zero return on their AI investment. [Source]
• FireShip Summary

 

[Betonhaus]

• Meta puts a hiring freeze on AI after poaching AI talent for millions, then restructuring and downsizing. [Source]
• MIT study indicating that 95% of organizations studied get zero return on their AI investment. [Source]
• FireShip Summary

sure took them a while to figure it out.

 

[Anti Snigger]

The primary source appears to be hidden behind a google form

 

[rando[Numbers]]

AI is only getting more expensive [Source]

sure took them a while to figure it out.

Honestly, this is so stupid. The AI fans are a constant churn of, "this is the future, if you’re not all in and giving all of your money to OpenAI, you’re falling behind!"

The only positive I’ve seen come from AI has been in science and research. And honestly, researchers kind of use everything without a bunch of marketing drama. Usage for every new tech is, "looks good, think I got a use for this somewhere"

 

[Pee Cola]

That's because AI is Actually Indians. Of course projects will fail if you hire pajeets to do them.

 

[Betonhaus]

I wonder if the AI bubble is about to become the next dotcom bubble and take the entire overvalued market with it when it pops?

 

[rando[Numbers]]

I wonder if the AI bubble is about to become the next dotcom bubble and take the entire overvalued market with it when it pops?

Honestly hope so, it's not fun to work in a bubble if you're not a psychopath. Tech today is pure sales. No value delivered.

Ironically, if AI were capable of removing tech workers from the market and forcing them into more specific domains or industries it would be a net positive.

Maybe an AI bubble pop can cause that. Pure tech companies crash, more people have to figure out what their real industry is. Logistics, transportation, telecoms, media?

Like, what do you do other than goon to AI generations? If you're a computer "scientist," great. Get your PHD and contribute new knowledge to society.

If you're an "engineer".... what exactly is your industry.

Most of these tech companies are producing toys for other tech obsessed tards. It's not contributing a damn thing.

 

[Margo Martindale]

And

sure took them a while to figure it out.

and right after they spent literally hundreds of millions on hiring bonuses for AI devs

 

[Elite Kipchak]

>tfw the expensive autocomplete wasn't as financially viable as we thought

 

[rando[Numbers]]

and right after they spent literally hundreds of millions on hiring bonuses for AI devs

You know the people who got those millions didn't give a shit either. Take the money and immediately start hunting for the next hire. They were fully done with the job the second they signed the offer.

 

[Ultrapenguin]

That's probably because they're niggers.

What the fuck is an "AI project"? Like some magical gnome shit where they think they'll produce immense wealth by asking chat GPT how people should wipe themselves properly? The most effective use of AI I've seen is usually be established companies who decide to integrate it into processing things like medical forms, where an AI processes incoming paperwork and reads through the entire thing (including human handwriting) to create something that's easier to submit to a database, or to solve really basic coding issues. Basically jobs that were dumb work before, but that required enough judgement that they had to have a dull eyed office drone do it instead of a computer.

These people working on "AI projects" are fags. That sounds stupid to begin with; just because AI is all the rage doesn't suddenly mean you can create a project that stands entirely on existing technology. AI is useful when it's treated in a sober fashion, but most of the modern cult surrounding AI is detached boomer CEOs who still think AI is basically skynet, and sheisters who know detached boomer CEOs still think AI is basically skynet.

 

[Black Man Underwear]

Yes, AI is in a bubble.

I saw this coming when it first took off. The whole planet jumped on it like niggers in the hood jump white folx.

If you couldn't see it on day 1 you're pretty dumb. If you couldn't see it on day 400 you're a really special boy.

All of the jobs AI "took" will come back. LLMs are not magical or intelligent.

 

[milhouse1776]

AI is a bubble but it also has a lot of really good applications and is helping a lot in the medical field

 

[honse]

I didn't have my glasses on and thought the title was "98% of all pajeets fail" ...

 

["Controlled Demolition"]

Here's the source, or at least a preliminary report on it.

TL;DR: speculation is fucking retarded and so are "1 minute read" summary "articles"; AI only disruptive in the "media & telecom" industry with "Rise of AI-native content; shifting ad dynamics; incumbents still growing". The 95% figure from axios appears to be made up of thin air from "The GenAI Divide is starkest in deployment rates, only 5% of custom enterprise AI tools reach production." And even that comes with a "data comes from interviews" caveat.

 

[StacticShock]

sure took them a while to figure it out.

AI was sold to idiots like this magic black box that can build itself out even though it's a tool, it helps alot with a ton of things, no one mentioned that to the boomer retards though and they dumped money into a tool expecting it to do everything even though it needs input to proper output shit.

I didn't have my glasses on and thought the title was "98% of all pajeets fail" ...

ai is 95% more efficient than jeets and it's some dumb shit, that says alot innit?

 

[rando[Numbers]]

Here's the source, or at least a preliminary report on it.

TL;DR: speculation is fucking retarded and so are "1 minute read" summary "articles"; AI only disruptive in the "media & telecom" industry with "Rise of AI-native content; shifting ad dynamics; incumbents still growing". The 95% figure from axios appears to be made up of thin air from "The GenAI Divide is starkest in deployment rates, only 5% of custom enterprise AI tools reach production." And even that comes with a "data comes from interviews" caveat.

This says literally at the very top 95% of AI projects within companies are getting 0 return.

'As one CIO put it, "We've seen dozens of demos this year. Maybe one or two are genuinely useful. The rest are wrappers or science projects."'

I could keep quoting the whole report for you to keep adding context, but that defeats the purpose doesn't it?

"out of thin air" lol shut the fuck up.

The entire vibe of the report is more people are using AI than need to. It's............ drumroll............ a bubble.

 

[rando[Numbers]]

You know, most people fail. It's a fact, not very interesting, really.
90% of day traders lose money, and only 1.6% generate profits after fees

Day traders are rich people with nothing better to do. Tech throws billions away every year because their margins are astronomical.

Doesn't mean I can't call both retarded. Because they are.

 

[⋖ cørdion ⋗]

Only takes one to upset the artists and I will support that one til I die.

 

[StacticShock]

Only takes one to upset the artists and I will support that one til I die.

you dumb nigger.
you are forgetting the voice actors too, fuck 'em.