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

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

  • CustodialTeapot@lemmy.worldEnglish
    92·
    10 months ago

    AI isn’t new. Algorithms “are” ai. All apps always used it. But it’s changed from algorithms to AI.

    • gapbetweenus@feddit.deEnglish
      7·
      10 months ago

      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.

      • CustodialTeapot@lemmy.worldEnglish
        3·
        10 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!