370
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 01 Feb 2024
370 points (89.2% liked)
Technology
59654 readers
2855 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
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.
Nobody thinks generative ai will die, but when the bubble bursts maybe we wont get it shoehorned into places it really doesn't belong.
Personally I cheer for employees such as myself. The artificial pressure to compete with LLMs just got a lot softer.
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!
I don't see it where it's part of a broader stock market trend. Sp500 is up 1.25% today, 1.52% for the past 5 days, and 4.74% for the last month. Those are spectacular numbers (for people with stock market portfolios).
AI crashing in its own little corner is fine by me.
I don't think that's necessarily true. We aren't hearing about "blockchain," "crypto," or "NFTs" every day anymore either even though they all still exist.