Welcome Avatar! We got some really interesting comments from tech companies this week. Specifically, OpenAI missed their expected revenue by ~$20B (expected to be closer to $70B ended up closer to $50B). And. We also learned that Microsoft is pushing for an “emergency brake” on advanced AI.
This all sounds pretty familiar to the self driving vehicle hiccup back in the early 2020s with Tesla/Waymo/Mobileye etc. When growth hits a clean valley, the options are to hide behind moral items (“AI might kill us all”) or rearrange all the goals.
Disclaimer: The market is risky, and investment needs to be cautious. This article does not constitute investment advice. Users should consider whether any opinions, views, or conclusions in this article are in line with their specific circumstances. Investment based on this is at their own risk.