There’s a stark difference in success rates between companies that purchase AI tools from vendors and those that build them internally.

Despite the rush to integrate powerful new models, about 5% of AI pilot programs achieve rapid revenue acceleration; the vast majority stall, delivering little to no measurable impact on P&L.

The research—based on 150 interviews with leaders, a survey of 350 employees, and an analysis of 300 public AI deployments—paints a clear divide between success stories and stalled projects.

  • ameancow@lemmy.worldEnglish
    111·
    2 days ago

    If you care about AI development you would care a lot about the entire industry getting wrecked and set back decades because a bursting bubble and lack of independent funding.

    This isn’t just about AI either, when an industry valued nearly half a trillion dollars crashes, it takes with it the ENTIRE FUCKING ECONOMY. I have lived through these bubbles before, this one is bigger and worse than any of them.

    You won’t get your AI waifus if you have no job and nobody is hiring developers for AI waifus.

    • JumpyWombat@lemmy.ml
      35·
      2 days ago

      Like any technology before it, now we are beyond the hype in the area where lots of clueless people expects miracles and complain about the number of Rs in strawberry.

      In one year or two it will be a regular tool like any other.

      • ameancow@lemmy.worldEnglish
        6·
        2 days ago

        Okay but we’re talking about economics here, not the “tool” specifically. I think some people are so hung up on knee-jerk defensiveness of AI that they lose sight of everything but promoting it.

        • JumpyWombat@lemmy.ml
          12·
          1 day ago

          About 90% of tech startups fail. It happens all the time because it’s in the nature of innovation.

          Here anything about AI is received negatively so a 5% success rate is the “demonstration” that it’s a bubble. I’m sorry if you hope so, but it’s not. 5% is not far away from the normal failure rate of new companies and here we are talking about early adopters who buy a lottery ticket trying to be the first that makes it work.

          Feel free to believe the contrary. I don’t need to convince an anonymous guy on internet.

          • ameancow@lemmy.worldEnglish
            3·
            1 day ago

            I’m sorry if you hope so,

            Arguing that there’s an economic scheme threatening AI development and you translate it as “hope” that there is going to be an economy-destroying bubble burst, tells me I won’t get far in this conversation. Maybe figure out if there’s a less emotional/defensive path for looking at all this.

            • JumpyWombat@lemmy.ml
              22·
              1 day ago

              Maybe figure out if there’s a less emotional/defensive path for looking at all this

              If you start with

              I think some people are so hung up on knee-jerk defensiveness of AI that they lose sight of everything but promoting it.

              you should expect to be seen as one of those with that irrational hate for a technology.

              Back in topic: can this be a bubble like the dot-com? Of course. Is it? Probably not.

              95% of failures should be a warning for all those fools who expects something that this technology cannot do. Nothing more than that.