Talking the AI Talk
Corporate America is increasingly mentioning AI in its quarterly reports and earnings calls to portray its projects in a more innovative light, although regulators warn against deceptive use of the term.
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Posted 8/28/2023, 11:34:00 PM
theatlantic.com
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- Executives at Pinterest have been focusing more on artificial intelligence (AI) during their quarterly conference calls.
- The number of times executives mentioned words related to creators, such as creator, creators, and create, has significantly decreased.
- In the most recent investor call, these words were mentioned only six times, compared to 29 mentions in the first quarter of 2022.
- This shift in focus suggests that Pinterest's management is currently more interested in AI than in creators.
- The buzzwords used during conference calls can provide insights into management's priorities and what they want investors to hear.
- The venture capital landscape for AI startups has become more focused and selective.
- Investors are starting to gain confidence and make choices in picking platforms for their future investments.
- There is a debate between buying or building AI solutions, with some seeing value in large companies building their own AI properties.
- With the proliferation of AI startups, venture capitalists are finding it harder to choose which ones to invest in.
- Startups that can deliver real, measurable impact and have a working product are more likely to attract investors.
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