It’s not the ai companies the ones falling, it’s the other software developing companies. It seems that investors, in their infinite wisdom, are thinking developing software is not gonna be necessary in the future, like, you just ask gpt for the program you need and it’ll build it on the fly or something…
Partial incorrect, but the article is about law data and wealth fund managers who have a lot of exposure to (not necessarily AI) software companies that have been losing value and laying off workers for the last few months.
I think this will be a mistake, as is buying into the AI companies, especially OpenAI, since I think it’s going to become clear how shit is app is, and bring the rest of them down with it.
It’s not the ai companies the ones falling, it’s the other software developing companies. It seems that investors, in their infinite wisdom, are thinking developing software is not gonna be necessary in the future, like, you just ask gpt for the program you need and it’ll build it on the fly or something…
MS is one of the biggest AI pushing companies out there. They’re down, what, nearly 15% in the last week?
So, incorrect.
Partial incorrect, but the article is about law data and wealth fund managers who have a lot of exposure to (not necessarily AI) software companies that have been losing value and laying off workers for the last few months.
I think this will be a mistake, as is buying into the AI companies, especially OpenAI, since I think it’s going to become clear how shit is app is, and bring the rest of them down with it.