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technocrit@lemmy.dbzer0.com to Fuck AI@lemmy.world · 7 days ago

Tesla falls 10%, Alphabet sinks 5% as "AI" spending concerns spook investors

www.cnbc.com

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Tesla falls 10%, Alphabet sinks 5% as "AI" spending concerns spook investors

www.cnbc.com

technocrit@lemmy.dbzer0.com to Fuck AI@lemmy.world · 7 days ago
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Tesla, Alphabet lose hundreds of billions in value in post-earnings stock plunge
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Both Tesla and Alphabet signaled higher spending as they invest in artificial intelligence.
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    7 days ago

    Here we go! Hope everyone’s safety bar is secure!

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“We did it, Patrick! We made a technological breakthrough!”

A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as “AI” meant to increase market valuations.

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