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Strategies & Market Trends : Value Investing

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To: E_K_S who wrote (72866)5/29/2023 5:05:48 PM
From: Elroy1 Recommendation

Recommended By
robert a belfer

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These are just a few examples of the many ways that AI is being used at the edge.


Ok, but most of those applications have been around for years, and I wouldn't call them part of the "AI craze" that is sweeping the stock market.

Facial recognition sofware is facial recognition software. It's not "intelligence" of some sort. Same with sensors that control on/off buttons on devices, or notify authorities that a potential bad guy is in the backyard. They aren't intelligent.

I think calling this stuff "artificial intelligence" is sort of misleading.

It's like saying a fire prevention system which turns on the overhead sprinkler at a certain temperature is now an "artificial intelligence" program.

ChatGPT seems like some type of Artificial Intelligence, but we'll see over time whether it is or whether it's just a high functioning Wikipedia.

Other apps which do cool stuff should not (I think) be called "artificial intelligence".

I'd say your list is of things which are being automated and optimized via computing power, but I'm not sure there's anything in them that deserves the description "artificial intelligence". Calculators make us all proficient in math, but they aren't artificial intelligence.
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