“The Truth About AI: Most Projects are Doomed to Fail”
Are you tired of hearing about the “revolutionary” potential of AI? Are you sick of the empty promises and overhyped narratives peddled by snake-oil salesmen who claim that AI will solve all our problems? Well, get ready for a harsh dose of reality.
The truth is that most AI projects are destined for failure. And it’s not just because of the inevitable challenges of implementing new technology. No, it’s because most organisations are too lazy, too incompetent, or too greed-driven to care about doing AI right.
Take, for example, the concept of “responsible AI.” How many of these self-proclaimed AI “experts” are actually thinking about the long-term consequences of their creations? How many are recklessly building solutions without a shred of consideration for their social and business impact?
Entelect, one of the biggest players in the AI game, is guilty of this too. Their latest publication is just a laundry list of tired cliches about what it takes to “succeed” with AI. “Consider the context,” they say, “understand the problem, and be realistic about the investment required.” Yawn.
But what about the ethics? What about the concerns about bias, job displacement, and the algorithmic manipulation of our lives? Entelect, like so many others, is too busy profiting from the hype to care about the collateral damage they’re causing.
The truth is that AI is not about “solving problems,” but about making profits. And if you’re not making money, you’re not doing it right. That’s the real truth about AI.
