AI Companies Lose $190 Billion After Dismal Financial Reports
stopthatgirl7@kbin.social to 
futurism.com
Reuters reports that AI-related companies lost $190 billion in stock market value on Tuesday following disappointing earnings reports.
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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!