1037
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
1037 points (97.9% liked)
Technology
59647 readers
3765 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The problem is the bulk of it is going to Nvidia.
Don’t forget all the fuel burned for electricity to power it!
Well probably not just Nvidia but the next likely beneficiaries are in the same range (Microsoft etc.)
The money goes to Microsoft/Google/Amazon/etc, which they goes to Nvidia.
They buy the hardware once then sell services based on it.
Sort of, they buy the hardware and sell services, and then buy upgraded hardware. Nvidia is a pretty big part of the sales cycle.