Tech projects failing is normal, what’s more telling is comparing them to non-AI tech projects.

But according to research by the RAND Corporation, over 80% of these AI projects will fail — which is twice the failure rate for non-AI technology-related startups.

Remember kids, the “failure” is economic failure, not moral, not utility.

Chatgpt is a “success”. If the company is stealing your face, art, voice but it is making money, they list it as a success.

By that metric, FTX was a “success” until their fraud was revealed.

80% fail economically, how many of those 20% fail morally? How many of those 20% have real utility? (E.g. not only generating weird picture of poor children building Mickey mouse out of bottles)

This looks like a crypto bubble.