this post was submitted on 01 Feb 2024
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371
AI Companies Lose $190 Billion After Dismal Financial Reports (futurism.com)
submitted 1 year ago by [email protected] to c/[email protected]
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Reuters reports that AI-related companies lost $190 billion in stock market value on Tuesday following disappointing earnings reports.

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[–] [email protected] 20 points 1 year ago* (last edited 1 year ago) (1 children)

No shit that was a bubble. Fun for all of two seconds but application in its current form is niche/sketchy at best. There is lots of promise for the future of AI but right now it just makes things more complicated and end results are unreliable.