Saturday, December 9, 2023

A bear case for the AI industry, as the sectors it seems to be able to disrupt so far, like writing, digital art, and programming help, are not very lucrative (Erik Hoel/The Intrinsic Perspective)

Erik Hoel / The Intrinsic Perspective:
A bear case for the AI industry, as the sectors it seems to be able to disrupt so far, like writing, digital art, and programming help, are not very lucrative  —  Gemini and the supply paradox of AI  —  Another day, another huge new AI model revealed.  This time it's Google's Gemini.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...