Absolutely, Natella (intentional) has commented about the valueless hype for one. The stock value has little to do with short term returns, I would expect a correction in 12-24months as openai cash starts running dry and it begins reflecting in their stock value first and foremost.
Comment on Microsoft laying off about 6,000 people, or 3% of its workforce
FreedomAdvocate@lemmy.net.au 2 months agoAre you sure about that?
Wooki@lemmy.world 2 months ago
FreedomAdvocate@lemmy.net.au 2 months ago
AI isn’t just hype though, especially not in ways that Microsoft as a huge service provider can use and provide it.
Wooki@lemmy.world 2 months ago
Yes, it is.
Read the first line of my post above.
jenesaisquoi@feddit.org 2 months ago
The stock reflects peoples beliefs, not facts
FreedomAdvocate@lemmy.net.au 2 months ago
And if people’s beliefs are that their AI deals are good, prices will go up. That’s ROI baby!
Wooki@lemmy.world 2 months ago
No, that is not ROI, thats trade value and is mainly a reflection in shareholder payments and perceived growth potential.
FreedomAdvocate@lemmy.net.au 2 months ago
Where are you getting your 80-90% hallucinations figure from?
supersquirrel@sopuli.xyz 2 months ago
*For now