Alphabet’s quarterly earnings report drew attention for mixed results, but another aspect of the announcement has investors and experts buzzing – a change in the company’s artificial intelligence policy. According to Lux Capital co-founder Josh Wolfe, this shift may be driven by Palantir’s share price surge after the company beat earnings expectations.
Wolfe believes that Alphabet is taking notice of Palantir’s close ties with the government in military affairs and adjusting its own policies accordingly. This reversal of a ban on using AI tech for weapons and surveillance suggests that Alphabet is now open to collaborating on such projects, potentially with Microsoft and Amazon.
Despite protests from some Alphabet employees, Wolfe sees this change as an opportunistic move to capitalize on the current geopolitical tensions. With these shifts in mind, investors should keep a close eye on Alphabet’s position within the AI infrastructure landscape.
Source: https://finance.yahoo.com/video/alphabet-reverses-ban-ai-weapons-232317714.html