LucidworksAI anxiety has sent markets into a tizzy, but experts say the jitters will only ‘punish those chasing the froth’

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“There’s no doubt that when MIT reports a 95% failure rate in AI pilot programs, it’s alarming,” Mike Sinoway, CEO of AI-powered search software company Lucidworks, told Fortune. “But the problem has less to do with the underlying technology and more with how companies are approaching it.”

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