As 2024 ends, Silicon Valley has been keen on building and developing artificial intelligence. Over the past few months, we've seen major tech companies, including Microsoft, NVIDIA, and even the seemingly late-bloomer, Apple, swap places for the most valuable company in the world with over $3 trillion in market capitalization. Market analysts and experts have attributed their success to an early lead in investment and adoption of AI across their tech stacks.
The race to hop onto the AI bandwagon hasn't been smooth, with multiple reports suggesting that the hype around the cutting-edge technology is quickly fading. Another report claims that 30% of AI projects will be abandoned by 2025 after proof of concept. At this point, your guess is as good as mine on whether AI is just a fad.
