85% of AI start-ups will fail within 3 years.

[Vishnu.Reang]

humanity will always cope with the evolving technology. it is true that some jobs can be replaced by AI. however, do take note that some jobs are also created out of this. so it depends on the people how he will make himself competent with the current requirements in the job market. people can adjust by equipping himself with the current needs.
the development in AI industry for sure will assist a lot of repetitive problems in the industries. so we need to look at the brighter side of this rather than linger on its negative impact in the job industry.

I agree with you, It totally depend upon people how society will take it, he/she looks like an opportunity or loose their hope and stop being competent. If there is some disadvantage like it may replace some jobs by AI. But there are several advantages as well like AI drives down the time taken to perform a task, AI operates 24x7 without interruption or breaks and has no downtime, which is almost impossible for human or if it is possible then it may need more manpower and most important thing is differently able people never fell incomplete because AI augments the capabilities of differently abled individuals.

[1715089152]

1715089152

[WatChe]

Remember 2007? The year of ICOs. There were countless number of ICOs launched in 2007 and today only handful are known while rest either collapsed or abandoned by the owners. Today its summer of AI and everyone jumping into this sector for making a fortune. Only project that have right vision and team that has necessary skills along with motivation will survive rest all will be history in a matter of time. Its natural thing that whenever something new pops up, people jump into it for making money.

Yeah I remember than day, a dozens of new ICO project everyday, from very common idea like Real-estate to some weird and wild project like blockchain dating apps and even porn. After ICO then DeFI, move to NFT, move to Web3 and then AI, everyone just jump into the bandwagon, and most of them have no idea what they are getting into.

There were IEO's also in between. All were welcomed by the community and today only handful of such projects are known. People went crazy for NFTs too and I am the dumbest of all to not invest even a single penny in NFTs. There is not much corelation between crypto and AI but start-ups are bringing AI to crypto to earn some bucks.
The point is such things will keep coming to crypto with time. its us who has to make decision regarding investing our money or not. Crypto market is unregulated and there is little hope of recovery in case you fell victim to some scam.

[uswa56]

humanity will always cope with the evolving technology. it is true that some jobs can be replaced by AI. however, do take note that some jobs are also created out of this. so it depends on the people how he will make himself competent with the current requirements in the job market. people can adjust by equipping himself with the current needs.
the development in AI industry for sure will assist a lot of repetitive problems in the industries. so we need to look at the brighter side of this rather than linger on its negative impact in the job industry.

I agree with you, It totally depend upon people how society will take it, he/she looks like an opportunity or loose their hope and stop being competent. If there is some disadvantage like it may replace some jobs by AI. But there are several advantages as well like AI drives down the time taken to perform a task, AI operates 24x7 without interruption or breaks and has no downtime, which is almost impossible for human or if it is possible then it may need more manpower and most important thing is differently able people never fell incomplete because AI augments the capabilities of differently abled individuals.

It is undeniable that technology is growing and it continues to reap pros and cons but what is certain is that when it will be profitable then humans will take advantage of it, big companies must be able to continue to use technology to their advantage regardless that many other people will oppose because of the loss their work.
If the use of AI continues to have a positive impact then I think this will continue and even make it possible to get even better, now we have to be realistic in this increasingly sophisticated world.

[buwaytress]

Jasper's been around for a lot more than 3 years, and have only increased their pricing so I don't think we're quite ready to see them leave just yet (pretty sure it's the same for a lot of others I've seen around since at least 2017. Fireflies comes to mind. They're products that fill problem gaps, so they went the right way about it.

Now all these new crypto AI projects are creating demand for the supply cart that's come before the horse. A lot like the 2017 "tokenisation" craze.

And then all you forum folk posting with AI rewriters, just loving it aren't you =D

Surprised no one ever made (or at least not publicised) an AI for Bitcoin mining. As in, to mine in optimum conditions, and then stop and move on to other PoW crypto automatically -- I know Minergate used to have a software for that, I used it myself. But it was 100% mining Monero

[serjent05]

This is an opinion piece. 85% of AI start-ups will fail within 3 years. Link to article. That's what they have said. But what do we think. We use the internet everyday and may even be using one or two AI tools to help us become organized, productive and efficient. Hundreds of AI start-ups are spring up everywhere everyday - while some are jumping in without due diligence some, some are doing it for the money while some others what to make an impact. The AI startups boom is compared to the dot-com bubble where a lot of them failed. Some AI start-ups are: Open AI, Frame AI, Jasper, Drafter AI, Smartly.ai.
What do you think, are we experiencing an AI startup boom like the dot-com bubble? And do you think that 85% of them will fail within 3 years?

We don't need to wait for 3 years to see AI start-ups fall apart.  Starting from the cryptocurrency start-up that take advantage of the popularity of AI, the majority of them are already experiencing less attention from people which can lead them to bankruptcy in just months of their launch.  Others are even DOA due to saturated projects that sprouts everywhere and asking for financing from investors.

AI will stay but only those who have the capability both in funds and development will be able to withstand the time of testing and be able to advance in AI technology.

[SirLancelot]

humanity will always cope with the evolving technology. it is true that some jobs can be replaced by AI. however, do take note that some jobs are also created out of this. so it depends on the people how he will make himself competent with the current requirements in the job market. people can adjust by equipping himself with the current needs.
the development in AI industry for sure will assist a lot of repetitive problems in the industries. so we need to look at the brighter side of this rather than linger on its negative impact in the job industry.

I agree with you, It totally depend upon people how society will take it, he/she looks like an opportunity or loose their hope and stop being competent. If there is some disadvantage like it may replace some jobs by AI. But there are several advantages as well like AI drives down the time taken to perform a task, AI operates 24x7 without interruption or breaks and has no downtime, which is almost impossible for human or if it is possible then it may need more manpower and most important thing is differently able people never fell incomplete because AI augments the capabilities of differently abled individuals.

AI actually provides more advantages than disadvantages but only if people start seeing it positively, all we think about AI is that it will take our jobs and replace humans, etc., but what we don't think about is how helpful it can be for us in a workplace, AI can do almost anything if you set it up for it, there will be AIs for almost every sector and they can be used to bring more efficiency in the work if they are used in the right way by the right people.

In my personal opinion, AI might replace some jobs where only a single entity is required and AI might be able to do the work more efficiently and accurately than a human, but for most sectors, AI can be used as an assistant and help people with their work and won't replace them.

[Velemir Sava]

I think the biggest obstacle for a project is finance, there are many projects that have good concepts but can't survive because they don't have capital, of course a project must be able to get regular income when the funds for the project start to run out, AI projects are something that is still new and still difficult to apply directly to traditional industries so that it will fail because it does not have consumers.

That's right, how can it be used immediately, especially those that require high thought. AI is robot thinking in scope to help facilitate the completion of a job, not to replace our role as humans as workers let alone totality. I think basically those who create AI have great intentions to make it easier for other people to work because normally human intelligence is different and there are levels. As in trading, there are sellers and buyers.

[slapper]

~snip~

AI actually provides more advantages than disadvantages but only if people start seeing it positively, all we think about AI is that it will take our jobs and replace humans, etc., but what we don't think about is how helpful it can be for us in a workplace, AI can do almost anything if you set it up for it, there will be AIs for almost every sector and they can be used to bring more efficiency in the work if they are used in the right way by the right people.

In my personal opinion, AI might replace some jobs where only a single entity is required and AI might be able to do the work more efficiently and accurately than a human, but for most sectors, AI can be used as an assistant and help people with their work and won't replace them.

Many people we know are concerned that AI will eliminate their jobs, yet they fail to appreciate the positive aspects of this technology. They don't realize that AI has incredible potential to dramatically increase productivity in the office

Considering this... Artificial intelligence can accomplish many things without tiring or getting bored. Since it's a fact that machines can perform arithmetic much more quickly and accurately than humans, they could replace people in some positions. However, AI is typically used as an assistant, a Robin to our Batman, in most fields. In order to accomplish our jobs better, it can give us the information, understanding, and automation we require. Instead of focusing on the posibility of being replaced, we should be excited about the ways in which AI might improve our efficiency. Artificial intelligence makes the future more promising; we should welcome it

[Texac]

~snip~

AI actually provides more advantages than disadvantages but only if people start seeing it positively, all we think about AI is that it will take our jobs and replace humans, etc., but what we don't think about is how helpful it can be for us in a workplace, AI can do almost anything if you set it up for it, there will be AIs for almost every sector and they can be used to bring more efficiency in the work if they are used in the right way by the right people.

In my personal opinion, AI might replace some jobs where only a single entity is required and AI might be able to do the work more efficiently and accurately than a human, but for most sectors, AI can be used as an assistant and help people with their work and won't replace them.

Many people we know are concerned that AI will eliminate their jobs, yet they fail to appreciate the positive aspects of this technology. They don't realize that AI has incredible potential to dramatically increase productivity in the office

Considering this... Artificial intelligence can accomplish many things without tiring or getting bored. Since it's a fact that machines can perform arithmetic much more quickly and accurately than humans, they could replace people in some positions. However, AI is typically used as an assistant, a Robin to our Batman, in most fields. In order to accomplish our jobs better, it can give us the information, understanding, and automation we require. Instead of focusing on the posibility of being replaced, we should be excited about the ways in which AI might improve our efficiency. Artificial intelligence makes the future more promising; we should welcome it

Everything has its pros and cons, and it depends on how we use it.  although AI technology will be a great assistant for us in many different areas of life, it is not wrong that many people worry about them.  i also believe that when AI is fully developed, there will be some jobs taken by humans that will be replaced by it, thereby creating unemployment. but we can also avoid that by always looking for ways to improve our skills and qualifications so we don't get fired. the world is getting harder than ever, even without AI, if we don't progress, we will be eliminated.

[harapan]

I may not agree with the exact percentage but it won't be a surprise.
It has already been stated that 45% of businesses fail during the first five year so it won't be different with AI start ups.
What's worst for AI start ups is that they're in a very dynamic and innovative industry with very strong competition. It takes a while lot to survive as a business and much more to survive as a tech startup. There are bigger and we'll established companies that offer what you're offering, but maybe better. They have all the resources and funding that start ups lacks.

So it will be better if a start up can offer what people need. Solve a problem. Don't just follow the crowd in doing the same thing with a different name. When you provide what people need, don't just stop there, like I said it's an innovative industry. New innovations and updates come out all the time. There's actually a lot of work if they want to succeed