this post was submitted on 30 Jun 2025
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[–] andallthat@lemmy.world 50 points 2 days ago (1 children)

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!

[–] knightly@pawb.social 6 points 2 days ago (2 children)

Not a 60% success rate, but a 60% rate of throwing good money after bad.

[–] phoenixz@lemmy.ca 3 points 2 days ago

That is still beyond extremely optimistic

[–] bytesonbike@discuss.online 2 points 2 days ago

If that money funnels to unemployed engineers to set it up... I'm all for it.

Take the money, do the work, jump ship.

[–] Kyrgizion@lemmy.world 41 points 2 days ago

Low ball, rookie numbers! I say we go for 90%, including the added costs of re-hiring previous staff or training new ones.

[–] nous@programming.dev 33 points 2 days ago (2 children)

Only 40%? Would have thought it would be much higher. Don't more projects generally fail then that without being in a bubble?

[–] mostlikelyaperson@lemmy.world 10 points 2 days ago* (last edited 2 days ago)

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.”

[–] shalafi@lemmy.world 2 points 2 days ago

The numbers are for failures in the next two years. Plenty of projects will coast that long on investment dollars.

[–] killeronthecorner@lemmy.world 23 points 2 days ago (1 children)

Bubble grows big, bubble goes pop.

You can't explain that!

[–] shalafi@lemmy.world 1 points 2 days ago

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.

[–] Dolphinfreetuna@lemmy.world 7 points 2 days ago (1 children)

40% of what? Just random number of projects these webinar attendees thought of??

[–] bytesonbike@discuss.online 1 points 2 days ago

Then they'll go: "Source: my presentation from last year where I made up that number"

[–] truxnell@aussie.zone 5 points 2 days ago (1 children)

About time we saw a more balances take.

[–] wizardbeard@lemmy.dbzer0.com 7 points 2 days ago (1 children)

Especially from Gartner of all places. Maybe this will finally start tempering the hype in the executives.

[–] frezik@lemmy.blahaj.zone 6 points 2 days ago

Seems like every time the hype is about to die, there's a big announcement about a model breakthrough. The breakthrough usually isn't as revolutionary as it first appears, but it's enough to keep funding going.

[–] phoenixz@lemmy.ca 2 points 2 days ago

Love the optimism where they think we'll all survive until 2027

[–] mesamunefire@piefed.social 3 points 2 days ago

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.

[–] john_lemmy@slrpnk.net 2 points 2 days ago

Is Gartner one of those sources that causes avalanches in the VC / tech world? Because it would be lovely to see this popping asap