It’s not the existential threat that caused the selloff. It was the fact that the shit barely works half the time and isn’t remotely as useful as they’d claimed it would be. Over hyped auto correct is being pushed as a thinking entity that can make decisions. It’s not
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.
moreso the fact you can sell stuff you don’t own, when it comes to “why X stock dropped”. it’s a casino, the post-drop articles saying why are mostly just narrative building
No it really sounds like you have no fucking clue what stock is. Unless you’re talking about options, which I’ll point out, no one, including yourself, has actually mentioned, but you’d still be wrong about what those represent.
Partial ownership of a company is not “something you don’t even own”
let me spell it out for you, since you apparently can’t connect the dots yourself…short selling, you can do it without options
and brokers have many ways to technically “find shares” to borrow that essentially boil down to just ignoring all do-not-borrow designations people might utilize
shorting is artificial sell pressure used with abandon in US markets under the justification of “increasing liquidity”, when in practice it’s a tool used to extract liquidity. at a high enough level, all you need to be profitable trading is volume to trade into, and when the market is “exciting” more people trade
after 2000-2008 the majority of the rest of world massively cracked down on naked shorting, the US just slightly tightened leverage ratios (which there are dozen different ways for big funds to ignore)
isn’t remotely as useful as they’d claimed it would be.
Maybe, i’m in the minority, but its made a huge improvement to my productivity. I’m self-employed & a big part of my work is making explainer videos & youtube content for clients. Generative AI has boosted that enormously, as has ChatGPT for simplifying software workflows/answering questions.
Most of the speed improvements are when I’m using it to do things I previously did much more slowly with software, in particular After Effects.
I’m not surprised at the backlash against generative AI & the widespread use of the term ‘slop’.
But human creatives have always used tools. Once upon a time, practical effects people, & paper and pen animators would have seen After Effects computer generated animation & VFX as slop, too.
It’s useful for time saving when I don’t feel like remembering a proprietary syntax I only use once in a blue moon, or if my code is giving me an error message it can sometimes point out what’s wrong quicker than reading through the code manually, but I wouldn’t trust it to write my code without reviewing every detail of its output. The whole vibe coding movement is crazy to me
This, sooo much. It’s been great for writing some python scripts quickly. But damn do you have to read and test that code, but I already did that with my own code so…
It’s not the existential threat that caused the selloff. It was the fact that the shit barely works half the time and isn’t remotely as useful as they’d claimed it would be. Over hyped auto correct is being pushed as a thinking entity that can make decisions. It’s not
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.
moreso the fact you can sell stuff you don’t own, when it comes to “why X stock dropped”. it’s a casino, the post-drop articles saying why are mostly just narrative building
“Sell stuff you don’t own”?..it sounds like you don’t understand what stock is
no, it sounds like you don’t understand basic fundamentals of the casino.
No it really sounds like you have no fucking clue what stock is. Unless you’re talking about options, which I’ll point out, no one, including yourself, has actually mentioned, but you’d still be wrong about what those represent.
Partial ownership of a company is not “something you don’t even own”
let me spell it out for you, since you apparently can’t connect the dots yourself…short selling, you can do it without options
and brokers have many ways to technically “find shares” to borrow that essentially boil down to just ignoring all do-not-borrow designations people might utilize
shorting is artificial sell pressure used with abandon in US markets under the justification of “increasing liquidity”, when in practice it’s a tool used to extract liquidity. at a high enough level, all you need to be profitable trading is volume to trade into, and when the market is “exciting” more people trade
after 2000-2008 the majority of the rest of world massively cracked down on naked shorting, the US just slightly tightened leverage ratios (which there are dozen different ways for big funds to ignore)
Maybe, i’m in the minority, but its made a huge improvement to my productivity. I’m self-employed & a big part of my work is making explainer videos & youtube content for clients. Generative AI has boosted that enormously, as has ChatGPT for simplifying software workflows/answering questions.
So you’re a slop-monger. I think op meant useful as in useful for creating anything of value.
Most of the speed improvements are when I’m using it to do things I previously did much more slowly with software, in particular After Effects.
I’m not surprised at the backlash against generative AI & the widespread use of the term ‘slop’.
But human creatives have always used tools. Once upon a time, practical effects people, & paper and pen animators would have seen After Effects computer generated animation & VFX as slop, too.
It’s useful for time saving when I don’t feel like remembering a proprietary syntax I only use once in a blue moon, or if my code is giving me an error message it can sometimes point out what’s wrong quicker than reading through the code manually, but I wouldn’t trust it to write my code without reviewing every detail of its output. The whole vibe coding movement is crazy to me
This, sooo much. It’s been great for writing some python scripts quickly. But damn do you have to read and test that code, but I already did that with my own code so…
Yes you are in the minority as AI is shit at most tasks. It’s not reliable, and often completely wrong in what it barfs out