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

    • gapbetweenus@feddit.de
      link
      fedilink
      English
      arrow-up
      1
      ·
      9 months ago

      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.