APX 2.33% 44.0¢ appen limited

What's wrong with Appen's business?, page-83

  1. 10,604 Posts.
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    You are right pilbaralithium is the only one worth reading for investors - everyone else is as useless as tits on a bull.

    To recap the two major risks

    - Human workforce risk - we have seen it with Google from endless pay disputes, to potential expoitation

    - Technological disruption - Advancements in A.I could lead to data annotation becoming redundant.

    Issue with being super negative is that enterprise 100% need data at scale to build LLMs

    The other issue is that SCale A.I has the same business model except it offers cheaper services - Appen has larger slice of the revenue pie in microtasks and yet Scale A.I is valued at $7b. So it's not really the business model - it's more to do with manipulative behaviour of some actors
 
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