Actually an additional point, If you read the report, the 80% failure rate claim does not come directly from this report, but links to the following article as it's source: https://fortune.com/2022/07/26/a-i-success-business-sense-ai... (https://web.archive.org/web/20240105144440/https://fortune.c...) Which actually further quotes ostensible sources without linking: "That’s borne out in a slew of recent surveys, where business leaders have put the failure rate of A.I. projects at between 83% and 92%."

Unless someone is able to track down the original source of this information I would treat it with great scepticism.