Alphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 22 days agoResearch shows more than 80% of AI projects fail, wasting billions of dollars in capital and resources: Reportwww.tomshardware.comexternal-linkmessage-square65fedilinkarrow-up1445arrow-down112file-text
arrow-up1433arrow-down1external-linkResearch shows more than 80% of AI projects fail, wasting billions of dollars in capital and resources: Reportwww.tomshardware.comAlphane Moon@lemmy.world to Technology@lemmy.worldEnglish · 22 days agomessage-square65fedilinkfile-text
RAND Report - The Root Causes of Failure for Artificial Intelligence Projects and How They Can Succeed
minus-squareContrarianTrail@lemm.eelinkfedilinkEnglisharrow-up31arrow-down1·edit-222 days agoIsn’t it good that the money is being put back into circulation instead of being hoarded? I’m all in for the wealthy wasting their money.
minus-squareSapphironZA@sh.itjust.workslinkfedilinkEnglisharrow-up24·21 days agoThe problem is the bulk of it is going to Nvidia.
minus-squareSteve@startrek.websitelinkfedilinkEnglisharrow-up11·21 days agoDon’t forget all the fuel burned for electricity to power it!
minus-squarelemmyvore@feddit.nllinkfedilinkEnglisharrow-up6·21 days agoWell probably not just Nvidia but the next likely beneficiaries are in the same range (Microsoft etc.)
minus-squarefinley@lemm.eelinkfedilinkEnglisharrow-up11arrow-down1·edit-221 days agoKinda, but it’s like feeding a starving child nothing but candy until they die. ¯\_(ツ)_/¯
minus-squareIphtashuFitz@lemmy.worldlinkfedilinkEnglisharrow-up9arrow-down1·21 days agoI’m willing to bet the vast majority of that money is changing hands among tech companies like Intel, AMD, nVidia, AWS, etc. Only a small percentage would go to salaries, etc. and I doubt those rates have changed much…
minus-squarelemmyvore@feddit.nllinkfedilinkEnglisharrow-up4·21 days agoThey typically use internal personnel and being parcimonious about it so you’re right about that.
Isn’t it good that the money is being put back into circulation instead of being hoarded? I’m all in for the wealthy wasting their money.
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.)
Kinda, but it’s like feeding a starving child nothing but candy until they die.
¯\_(ツ)_/¯
I’m willing to bet the vast majority of that money is changing hands among tech companies like Intel, AMD, nVidia, AWS, etc. Only a small percentage would go to salaries, etc. and I doubt those rates have changed much…
They typically use internal personnel and being parcimonious about it so you’re right about that.