Although hundreds of billions of dollars have been poured into AI development, nearly 75 percent of businesses have failed to deliver the return on investment promised to them. The hyped-tech is notoriously buggy and likely getting worse, with project failure rates on the rise. Despite the staring down the maw of a colossal money pit, tech CEOs are doubling down, announcing plans to increase spending on AI development, going as far as laying off armies worth of workers to cut down on expenditures. And while some investors footing the bill for big tech's AI bacchanalia are starting to wonder when […]