I’m a CEO who bootstrapped my robotics firm en route to a $1 billion-plus valuation and I know AI’s dirty secret: without data, it’s just math tricks
via fortune.com
Short excerpt below. Read at the original source.
Last week, MIT published a report that should make every CEO sit up straight: 95% of generative AI pilots deliver zero return on investment. Let me put that in perspective, AI startups took in around $250 billion in venture dollars over the past 12 months, and only 5% of those projects created measurable value. This is the definition […]