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Stock impact report

Something big is happening in AI, but panic is the wrong reaction [Yahoo! Finance]

Walt Disney Company (The) (DIS) 
Last walt disney company (the) earnings: 2/4 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
When the Fair closed, the exhibits moved to Disney World and made the same claim for the next 30 years: the robots are coming, just around the corner. Except they didn't. In the 1990s, the expansion of distributed computer power and the vast purchases of it led to new claims about massive increases in productivity that would soon be released. Except it didn't. It took a long time and associated changes in how work was organized to drive productivity improvements. In the early 2000s, advances in data science and the use of machine learning in predictions raised new alarms, with claims emerging in the 2010s that as many as half of all jobs were “at risk” of being taken over by new AI tools. By the end of that decade, the perceived threat had moved back to robot-like devices that would soon take over blue-collar jobs, with the claim that as soon as 2019, truck drivers would be obsolete . Except they weren't. The increased use of robots in manufacturing has not happened either, as new Show less Read more
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