60% success rate sounds like a very optimistic take. Investing in a AI startup with 60% chance of success? That’s a VC’s wet dream!
Low ball, rookie numbers! I say we go for 90%, including the added costs of re-hiring previous staff or training new ones.
Bubble grows big, bubble goes pop.
You can’t explain that!
Investors are well aware this is a bubble. But they can’t risk losing the bet when the stakes are the next Google, or even the next internet.
And no matter what, AI is here to stay and someone is coming out on top.
Only 40%? Would have thought it would be much higher. Don’t more projects generally fail then that without being in a bubble?
I suspect they didn’t want to make it sound alarmist or something, but yes the real percentage is likely going to be higher, including a good chunk of “technically finished but remaining unused and forever idle on some box until it’s quietly shut down 5-10 years later.”
The numbers are for failures in the next two years. Plenty of projects will coast that long on investment dollars.
40% of what? Just random number of projects these webinar attendees thought of??
Then they’ll go: “Source: my presentation from last year where I made up that number”
Love the optimism where they think we’ll all survive until 2027
Sounds like a number pulled out the butt. It will be closer to all of them going by GitHub projects spun up on the timeline, never to be completed.
