this post was submitted on 01 Feb 2024
371 points (89.2% liked)

Technology

59148 readers
2352 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
[email protected]
371
AI Companies Lose $190 Billion After Dismal Financial Reports (futurism.com)
submitted 9 months ago by [email protected] to c/[email protected]
74 comments fedilink hide all child comments
 

Reuters reports that AI-related companies lost $190 billion in stock market value on Tuesday following disappointing earnings reports.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 7 points 9 months ago (1 children)

AI is just a specific subset of algorithms, also not that new - first concept are from 1960 or so (from memory don't quote me) with perceptron. New is parallel computing power of modern chips - that allows for far better performance.

[โ€“] [email protected] 3 points 9 months ago

Absolutely is. It's fucking outstanding how big corps are eating it up.

Alrogithm corp = nothing new, boring low evaluation

Change it's name to:

AI corp= 1 BILLION DOLLARS!