Nvidia result being reported as "beating forecast" but future forecast not up to expectations:
EPS: $0.68 vs. $0.64 expected
Revenue: $30B vs. $28.7B expected
Guidance: $32.5B - another beat!
Massive $50B share buyback announced!
Down 2% during day and dropped up to 10% in after hours upon announcement: see iphone screen shot;
@gurnz been pondering your AI query "
Has anyone used AI aside from searching in place of Bing or Google, is it good for anything??? Alot of unrealised hype at this stage." Then realised "who" better to answer than AI him/her self. From Chat GPT: (worth noting that it took me longer to format the ChatGPT answer than it too it tow write this eloquent response!!!!)
" GJ; how has AI changed the world?
ChatGPT said: ChatGPT: AI has profoundly impacted the world across various domains, transforming industries, improving daily life, and raising significant ethical questions. Here's a look at some of the key ways AI has changed the world:
1. Automation and Efficiency
Industry: AI has revolutionized manufacturing, logistics, and other industries by automating routine tasks. This has led to increased efficiency, reduced costs, and the ability to scale operations.
Healthcare: AI-driven diagnostic tools, robotic surgeries, and personalized treatment plans have improved patient care and outcomes. AI algorithms can analyze medical data faster and more accurately than humans, leading to early disease detection.
2. Data Analysis and Decision-Making
Business: AI enables businesses to analyze vast amounts of data to gain insights, predict trends, and make informed decisions. This has improved marketing strategies, customer service, and supply chain management.
Finance: AI is used in algorithmic trading, fraud detection, and personalized financial advice, reshaping how financial markets operate and how individuals manage their money.
3. Personalization and Customer Experience
E-commerce: AI powers recommendation engines that personalize shopping experiences, leading to increased sales and customer satisfaction. Platforms like Amazon and Netflix use AI to suggest products and content tailored to individual preferences.
Customer Service: AI-driven chatbots and virtual assistants, like Siri and Alexa, provide immediate support and answers, enhancing customer experience and accessibility.
4. Transportation and Mobility
Autonomous Vehicles: AI is at the core of self-driving cars, which have the potential to reduce accidents, improve traffic flow, and provide mobility to those unable to drive.
Smart Cities: AI helps in managing traffic, reducing energy consumption, and improving public safety, contributing to the development of smarter, more efficient urban environments.
5. Research and Development
Scientific Discovery: AI accelerates research by analyzing data faster than traditional methods. It has been instrumental in drug discovery, climate modeling, and other scientific fields.
Arts: AI is being used to create art, music, and literature, pushing the boundaries of creativity and raising questions about the nature of creativity and authorship.
6. Social and Ethical ImplicationsJob Displacement: While AI creates new opportunities, it also displaces certain jobs, leading to concerns about unemployment and the need for retraining workers.
Privacy and Surveillance: AI-driven surveillance tools have raised concerns about privacy and the potential for abuse in monitoring individuals and populations.
Bias and Fairness: AI systems can perpetuate and even exacerbate biases present in their training data, leading to unfair outcomes in areas like hiring, law enforcement, and credit scoring.
7. Global ImpactEducation: AI is transforming education through personalized learning, virtual tutors, and AI-driven administrative tools, making education more accessible.
Developing Economies: AI has the potential to bridge gaps in healthcare, education, and infrastructure in developing countries, though it also risks widening the digital divide if not managed inclusively.8. Challenges and Future Considerations
Ethics and Regulation: As AI continues to evolve, there is a growing need for ethical guidelines and regulations to ensure it benefits society while minimizing risks.
Human-AI Collaboration: The future likely holds increased collaboration between humans and AI, where AI complements human abilities rather than replacing them entirely.
AI's impact is ongoing and multifaceted, shaping the future in ways both anticipated and unforeseen. Its potential to improve lives is immense, but it also requires careful consideration of the ethical, social, and economic challenges it presents."
(20min delay)