"... only 11 percent of firms that have deployed A.I. are reaping a 'sizable' return on their investments. One reason is that costs often turn out to be higher—much higher—than originally assumed. According to a fall 2020 MIT Sloan Management Review article, 'A good rule of thumb is that you should estimate that for every $1 you spend developing an algorithm, you must spend $100 to deploy and support it'.”
#JeffreyFunk, #GarySmith, 2021
https://slate.com/technology/2021/05/artificial-intelligence-moonshots-usually-fail.html
(1/2)
