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

  • gapbetweenus@feddit.de
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    9 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.world
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      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!