Bad look for Ford EV’s?

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Randy Stueber
August 17, 2023

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Artificial intelligence: you can utilize it, or invest in it, but your cant stop it!

Appetizer Bad look for Ford EV’s?

Could this hurt Ford or even all EV vehicle sales. A Canadian man bought a Ford F-150 Lightning electric pickup truck for $115,000 and was forced to leave it behind during a family road trip to Chicago, after a number of problems with charging. He shared his story on X, where he called the EV truck “the biggest scam of modern times” and expressed his regret.

Ryan, said he planned his route carefully and used an app to locate charging stations that were compatible with his truck. However, he soon realized that many of the chargers were either broken, occupied, or too slow. He also claimed that the truck’s battery range was much lower than advertised, and that he had to drive at low speeds and turn off the air conditioning to conserve power. He said he spent more time and money on charging the truck than on enjoying the trip with his family.

Ryan’s ordeal climaxed when he arrived in Minnesota, where he could not find any working chargers. He said he had no choice but to leave his truck and rent a gas-powered car to continue his family trip. He blamed Ford for not providing enough support and infrastructure for its EV customers. He also criticized the EV industry for being overhyped and misleading.

This story has sparked a lot of discussions online, with some people sympathizing with him and others questioning his motives, suggested that Ryan exaggerated or fabricated his story to get attention or compensation from Ford. Others pointed out that Ryan should have done more research before buying the EV truck. They argued that EVs are still relatively new and require more planning and adaptation than gas-powered vehicles. They also noted that EV technology will soon overcome the current limitations and challenges.Generate content on demand: AI writers and assistants can be used to generate content quickly and easily, without the need for human input. This could be useful for businesses that need to produce a lot of content, such as news organizations or marketing agencies.

sources: 1. foxbusiness.com

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Companies, invested in AI. Maybe a good time to invest in them?

Microsoft (MSFT): Microsoft is a software giant that has invested heavily in AI research and development. It has partnered with OpenAI, a leading AI research organization, to provide cloud computing services and collaborate on AI projects. Microsoft also integrated ChatGPT, an AI chatbot that can conduct natural conversations, into its Bing search engine¹. Microsoft’s Azure cloud platform offers various AI solutions and tools for businesses and developers¹.
Alphabet (GOOG): Alphabet is the parent company of Google, which is one of the pioneers and leaders in AI technology. Google has developed many AI products and services, such as Google Assistant, Google Photos, Google Translate, YouTube, Gmail, and Google Maps. Google also launched Bard, its own AI chatbot that can answer questions by summarizing online information². Google’s cloud platform also provides AI and ML capabilities for customers².
Nvidia (NVDA): Nvidia is a semiconductor company that produces graphics processing units (GPUs) and chips that power AI systems. Nvidia’s GPUs are widely used for deep learning, computer vision, natural language processing, and other AI applications. Nvidia also offers software platforms and frameworks for AI development, such as CUDA, TensorRT, and Jarvis³.
C3ai.inc (AI): C3ai is a software company that specializes in enterprise AI solutions. C3ai’s platform enables businesses to build, deploy, and operate AI applications at scale. C3ai’s products include C3 AI Suite, C3 AI Ex Machina, C3 AI CRM, and C3 AI Energy Management³. C3ai serves various industries, such as manufacturing, banking, healthcare, energy, and defense³.

Adobe (ADBE): Adobe is a software company that makes products for content creation, marketing, data analytics, document management, and publishing. Adobe’s flagship product, Creative Cloud, is a suite of design software that uses AI and ML to enhance user experience and productivity. Adobe also added new AI and ML capabilities to its Experience Cloud product, a marketing and analytics suite that helps sales and marketing teams optimize their campaigns and budgets

Remember, this is just for informational purposes and is not investment advice.

Dessert: Google's AI - AdaTape

The video showcases Google's new AI model, AdaTape, which stands out due to its adaptive computation approach. Unlike traditional models, AdaTape adjusts its method based on the task's complexity, achieving high accuracy with less computing power. It outperforms regular Transformers in parity tasks, particularly with longer strings, reaching 99.9% accuracy on a 2156-bit parity task compared to regular Transformers' 50.1%. AdaTape also proves to be more computationally efficient, with lower flops per sample and latency per sample. Moreover, it offers a quality-cost trade-off advantage for users, allowing them to prioritize accuracy or cost based on their needs. Overall, AdaTape demonstrates itself as a flexible and efficient AI model.

Disclaimer: None of the information here is financial advice. This newsletter is for informational purposes only and not to be used as investment advice or a solicitation to buy or sell any assets. Any and all financial decisions you make should be carefully researched on your own or discussed with a financial advisor.

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