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

  • CustodialTeapot@lemmy.world
    link
    fedilink
    English
    arrow-up
    10
    arrow-down
    2
    ·
    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.de
      link
      fedilink
      English
      arrow-up
      6
      ·
      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.world
        link
        fedilink
        English
        arrow-up
        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!