AI stocks are down on Thursday morning after Tesla and Meta’s third-quarter earnings renewed concerns about high spending and tech development.
15 reposts36 likes
AI stocks are down on Thursday morning after Tesla and Meta’s third-quarter earnings renewed concerns about high spending and tech development.
15 reposts36 likes
Now that companies have learned that AI token cost is greater than human cost, and that huge AI capex investments have not created a profit return, has AI growth already hit a wall? "AI Costs More Than The People It Replaced" www.forbes.com/sites/jemmag...
Tesla beat earnings expectations. Auto revenue fell 3%. Meanwhile the story increasingly includes cars, robotaxis, robots, AI, chips, energy and maybe SpaceX. COMPANY: Consider our enormous future. FINANCE: Great. When? Future businesses can create value. However the future has to arrive first.