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80% of corporate AI projects fail — twice the rate of other IT projects
(pivot-to-ai.com)
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I have no idea if these numbers are accurate, but it's too low. Needs to be 100%
There's two ways to make that number be what it is. The first is to remember that failure is different from poor performance. Maybe something is working kind of, so then the boss will say hey it's not a failure whatever, even though it's worse than what they had before or other options that they could have selected. The second way to skew the data is to define AI in a way that makes things that you already did count. And maybe that's legitimate, because what exactly is AI? If you're the project manager, maybe you get to choose the definition, in which case you're probably going to do something that makes your successful project look magical even if it's something that's been done for decades.
80% failed, 20% not failed, yet!