this post was submitted on 01 Feb 2024
369 points (89.2% liked)

Technology

59569 readers
3825 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
369
AI Companies Lose $190 Billion After Dismal Financial Reports (futurism.com)
submitted 9 months ago by stopthatgirl7@kbin.social to c/technology@lemmy.world
76 comments fedilink hide all child comments
 

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

you are viewing a single comment's thread
view the rest of the comments
[–] Daft_ish@lemmy.world 20 points 9 months ago* (last edited 9 months ago) (1 children)

No shit that was a bubble. Fun for all of two seconds but application in its current form is niche/sketchy at best. There is lots of promise for the future of AI but right now it just makes things more complicated and end results are unreliable.