Steve Lucas

speaker

213 appearances 1 recordings 1 series first heard Jul 2026 last heard 12 Jul

Steve Lucas’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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Motley Fool Hidden Gems Investing · Why Most AI Projects Will Fail — And How to Find the Companies That Won't · 12 Jul 2026 podcast

So you can start very easily.

But what happens is you ignore business requirements, strategic outcomes, because you can just start iterating with AI.

So I do think to a certain degree,

Because coding has become so easy now.

Accessing or starting to build outcomes with AI, good or bad, has become easy.

So we rush into these things and we forget the basics of outcome, ROI, productive results.

So we kind of rush in.

That's part of it.

Part of it is just experimentation, seeing what works, what doesn't, where there's ROI.

But even Gartner is saying that a number of these, what we call agentic projects, that's just AI with agents working inside of businesses, that these things are either going to fail or fail to just return results and they'll be shut off by the end of 2027.

So you've got very credible analyst organizations calling this out.

I absolutely believe that as well.

And we see it every day.

So I think right now we're still on the edge of that grace period.

I don't want to say blank check, but I think very quickly these costs are going to get reined in.

And especially when funding starts to dry up for some of these frontier model organizations, they're going to pass those costs on to the consumer.

After 30 years in software, I know one thing, and that is if humans don't trust something,

It will never be used.

And forget AI.

The reality is I've seen thousands of business intelligence or analytics or data projects that fail because the data wasn't accurate.

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