Reuters reports that AI-related companies lost $190 billion in stock market value on Tuesday following disappointing earnings reports.

  • Shurimal@kbin.social
    link
    fedilink
    arrow-up
    1
    ·
    9 months ago

    How’s that for a business model: give the customer what they want?

    They’re doing just that, alright.

    But people buying the products are not the customers of these big publicly traded companies.

    • OpenStars@startrek.website
      link
      fedilink
      English
      arrow-up
      1
      ·
      9 months ago

      That’s the same reason that the Windows OS sucks so bad: the “customer” is the companies paying for licenses, not individuals wanting things to “just work” without an entire IT department at their backs.

      Although I would guess that even stockholders would not like the fact that these companies lost billions of dollars.:-|