Alibaba CTO Warns 90% of AI Projects Will Fail Within a Decade
Alibaba's Chief Technology Officer Wang Jian delivered a stark prognosis for the artificial intelligence sector, predicting that nearly 90% of current AI initiatives will collapse within ten years. The failure stems from a pervasive lack of innovation and an overreliance on conventional methodologies.
Wang dismissed the HYPE surrounding AI chatbots like OpenAI's ChatGPT as misleading, arguing that true progress in artificial intelligence demands creative breakthroughs rather than incremental improvements on existing models. "The future belongs to those who reinvent the wheel," he remarked during a presentation on Alicloud's development roadmap.
China is poised to emerge as the epicenter of meaningful AI innovation, according to Wang. Domestic projects like Alicloud's infrastructure and the Qwen large language model demonstrate the technical sophistication required to survive the coming industry shakeout.