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Do you think that we should live in a world where investors who buy on a comical misinterpretation of an acronym are protected from their naivety? Why isn't th
by usrusr 6mo ago
Do you think that we should live in a world where investors who buy on a comical misinterpretation of an acronym are protected from their naivety?
Why isn't there a minority shareholder lawsuit on the news because someone bought MSFT not realizing that Copilot isn't actually certified to fly an airliner? A certain type of people would likely just buy MSFT on a massive lever and then if the bet fails to work out sue pretending that they did not understand.
- tombert 6mo agoYou're being purposefully obtuse. People have been hearing for the last three years about how a specific acronym, "AGI", is the final frontier of artificial intelligence and how it's going to change the entire economy around it. They've been hearing about this quasi-theoretical, very specific thing, and a lot of them don't even know what the "G" stands for. People haven't been hearing for years about a mythical "copilot", and as such I think people are much more likely to think it's not anything more than a cute nickname. Are you suggesting that this is just a coincidence? The acronym AGI doesn't even make sense for Agentic AI Infrastructure, which should be AAII; they're clearly calling it AGI to mislead people. I refuse to think that the people running Arm are so stupid that they didn't even Google the acronym before releasing the chip. You think it's a "comical misinterpretation", but I don't think it is. When I saw the article, I thought "shit; did they manage to crack AGI?", and I clicked the article and was disappointed. I suspect a lot of people aren't even going to read the press release.