AI company valuations, including Nvidia, decline significantly due to effectiveness doubts and oversight concerns.
The article examines the slump in AI company valuations, notably Nvidia, whose stock has dropped over 22% since June, raising doubts about AI's effectiveness in various sectors. Experts warn about the diminishing returns of AI bots and the risks of human oversight lapses. It also highlights efforts in regulation, such as a California bill for AI safety, and discusses innovations in AI, including new models and frameworks aimed at improving efficiency and addressing societal impacts.
September 05, 2024
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