> First, industry stakeholders often misunderstand — or miscommunicate — what problem needs to be solved using AI.
So the #1 problem every startup faces.
> Second, many AI projects fail because the organization lacks the necessary data to adequately train an effective AI model.
This is interesting, and reinforces the trend towards hoarding data assets.
> Third, in some cases, AI projects fail because the organization focuses more on using the latest and greatest technology than on solving real problems for their intended users.
Makes sense, tough to pick an architecture or model to stick with when better options release weekly.
> Fourth, organizations might not have adequate infrastructure to manage their data and deploy completed AI models, which increases the likelihood of project failure.
Sounds like lack of capital.
> Finally, in some cases, AI projects fail because the technology is applied to problems that are too difficult for AI to solve.
So only a minority of cases? All in all this report seems to be saying "AI is promising but startups are still hard".