Artificial Intelligence
Artificial Intelligence
Out of context: Reply #2102
- Started
- Last post
- 2,574 Responses
- neverscared1
The A.I.-Profits Drought and the Lessons of History
Like the steam engine, electricity, and computers, generative artificial intelligence could take longer than expected to transform the economy.
Last week, media accounts of the M.I.T. Media Lab study coincided with a fall in highly valued stocks associated with A.I., including Nvidia, Meta, and Palantir. Correlation isn’t causation, of course, and recent comments by Sam Altman, the chief executive of OpenAI, may have played a bigger role in the sell-off, which was surely inevitable at some point, given recent price increases. At a dinner with reporters, Altman said valuations were “insane” and used the term “bubble” three times in fifteen seconds, CNBC reported.