APX 2.54% 60.5¢ appen limited

Multi Modal (integration of multi data types) breakthrough in 12 months, page-43

  1. 818 Posts.
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    yes , however the logic is that should a company not be making enough money given the risk the board of directors should recommend to shareholders that company be wound up and the residual capital returned. Yes I realise this never happens and the company just gets sold off or keeps going until bankrupt. I think as a train wreak it is worth 0.35. If 0.48 was bottom and it goes to $2 , I won’t lose sleep. However there are many on this forum who are sleepless with brown stains on their mattresses painfully averaging down on the falling knife , to mix the metaphors. I may end up buying 250k shares at 0.35 and end up watching it go to 0.19, before dumping and buying myself a fresh mattress




    All I can say with 100% certainty is this time AI is the real deal. If I was under the age of 40 and in a knowledge worker role I would be investing my time building skills in this domain, such as AI training model specialist. ( or get an electric Ian or plumber apprenticeship). If you took a room of Lawyers , tax accountants , IT, training , hospital back office, engineering, industrial design. and asked them to look at the person to their right and then to their left and then imagine that persons job will be gone in less than 10 years , 3:1 gone. 2004 doesn’t seem so long ago , in the next 20 years we will see AGI at human level across all domains even if it is not IQ200, it’s going to be at IQ100 but 1000times faster. Not saying here APX will be part of this future.
    Last edited by FreeFromStyle: 12/01/24
 
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