New MIT study reveals 95% of corporate led AI pilots are failing these days, potentially wasting billions in AI investments made by those companies. While only a rare 5% are said to be succeeding in the market. As reported in Forbes, the companies innovating new AI models and those using those innovations are largely failing to make it all work. Here are some insights and tips for entrepreneurs looking to make a move into the space. Number one, young founders are winning the startup race with companies based on AI technologies. Some of the biggest business success stories today are startups led by entrepreneurs just 19 or 20 years old. It seems this is because they are able to think in ways not impacted by legacy laden thinking traditional in the corporate environment.

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