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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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Thats a "Parable of the Broken Window". They could be spending their money on something actually useful.
But they probably wouldn't, they'd just throw it at gold, crypto, or something else that doesn't provide any real value.
Even stuffing it under a mattress is better than wasting people's time.