No. of Recommendations: 3
SemiCab platform by Algorhythm, previously considered a ‘penny stock’, sparks ‘category 5 paranoia’ across sector
Remember when Time Warner bought AOL due to category 5 paranoia?
In the case I trust the hundreds of developers who are domain experts to leverage AI more effectively than a car karaoke system penny stock in Florida's developers vibing a competitor out. Ignoring that ridiculous company, tere are actual tech companies in this space that have probably been prototyping AI for more than a year, starting with FlexPort.
The selloff in those was much more likely the broad based selling on the post-hoc analysis of the BLS job numbers and the market openly questioning the veracity of the statistics and unrelated to anything that SemiCab did. The AI panic is embarrassing at this point.
