As 2024 draws to a close, several high-profile technological setbacks and controversies — from AI ethics concerns to space exploration challenges — offered sobering lessons about the complex interplay between innovation, responsibility, and sustainable business practices. Here is MIT’s 2024 list of biggest tech failures.
- Google Gemini’s AI Image Generation Controversy
- Boeing Starliner Spacecraft Malfunction
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- Technical issues with Boeing’s spacecraft left NASA astronauts stranded on the International Space Station
- The failure raised concerns about commercial space flight reliability
- This setback impacted NASA’s space transportation capabilities
- CrowdStrike’s Devastating Software Update
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- A faulty software update from cybersecurity firm CrowdStrike caused widespread system disruptions
- Delta Airlines filed a lawsuit due to resulting computer system problems
- The incident highlighted vulnerabilities in enterprise security software deployment
- Vertical Farming Industry Collapse
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- Bowery Farming, which raised $700 million in funding, declared bankruptcy
- The failure demonstrated the economic challenges of indoor vertical farming
- This collapse signaled broader issues within the vertical farming industry
- Controversial Weaponized Technology in Lebanon
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- Israel allegedly deployed booby-trapped pagers in operations against Hezbollah
- The incident raised ethical and legal questions about weaponized civilian technology
- International concerns emerged over the use of such tactics
- 23andMe’s Business Deterioration
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- The genetic testing company experienced severe stock price decline
- Multiple business challenges emerged throughout the year
- The company’s struggles reflected broader issues in the direct-to-consumer genetics market
- AI-Generated Content Quality Crisis
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- Low-quality AI-generated content flooded online platforms
- The proliferation of “AI slop” degraded internet content quality
- This trend highlighted challenges in maintaining content standards in the AI era
- Carbon Offset Market Failure
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- Companies like Nori and Running Tide ceased operations
- Market credibility issues and lack of demand led to closures
- The collapse exposed fundamental problems in voluntary carbon markets
Looking Forward: These failures of 2024 serve as crucial learning opportunities for the technology sector, highlighting the importance of thorough testing, ethical considerations, and sustainable business models in technological innovation.
The 8 worst technology failures of 2024