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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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Most people don't want to pay for AI. So they are building stuff that costs a lot for a market that is not willing to pay for it. It is mostly a gimmick for most people.
And like, it's not even a good gimmick. It's a serious labour issue because the primary intent behind a lot of AI has always been to just phase out workers.
I'm all for ending work through technological advancement and universal income, but this definitely wasn't going to get us that, so....
Well, why would I support something that mostly just threatens people's livelihoods and gives even more power to the 0.1%?
And then on top of that, if they phase workers out without some kind of universal income, how the hell do the corporate overlords expect us to have money to fuel their greed?
Government subsidies!
True for the consumer side, but I'd be willing to bet that a decent chunk of that money that giant corporations burned funded some serious research on AI that can go on to actually useful science things
Why don’t companies get this? If you make something free in the beginning, people will become conditioned that it’s not worth paying for.
Exactly. I have used quite a few products and my thoughts have been. That's cool, but when would I ever need this? The few useful usecases I have for it could use a small local model for very specific purposes and that's it. Not make them billions of dollars level of usefulness.