this post was submitted on 01 Feb 2024
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Thank god the bubbles finally starting to burst. I am tired of hearing about ‘AI’.
You're not going to stop hearing about AI. Perhaps AI companies won't be so high-profile, but AI itself is being integrated into lots of things and it's not going to go away. The only thing that's happened here is that it's proving to be not quite so profitable as expected being an AI-specific company.
Edit: Perhaps not even that, the article appears to be neglecting to mention that this is part of a trend across the whole stock market rather than something AI-specific.
AI isn't new. Algorithms "are" ai. All apps always used it. But it's changed from algorithms to AI.
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.
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!