AI’s biggest failures and what we can learn from them
Artificial Intelligence (AI) has been a hot topic for a number of years now, but the release of ChatGPT to the wider public has really brought it into the mainstream discourse. Whilst the focal point right now is on the potential opportunities offered (and disruption caused) by ChatGPT and other generative AI tools like Midjourney, the technology underpinning these tools has been evolving for quite some time. The reality is that organisations have long been investing significant sums in the hopes of making the next big breakthrough (or gaining a significant competitive advantage) by creating value from data. However, not every big investment in AI has been successful, and many companies have had to learn hard lessons along the way. In this article, we cover some of the notable failed investments in AI and what we can learn from them. Google Glass: In 2013, Google launched its much-hyped smart glasses, which…