Generative AI Sparks Talk of Profit, Not Fun From Tech Companies

META:US,GOOGL:US,SNAP:US,AMZN:US,CMCSA:US,AAPL:US

artificial-intelligence,culture,apps,earnings,advertising

Jessica Nix

Alex Barinka

Artificial Intelligence

Apps

Earnings

Advertising

Drugs

Wall Street

Executives

Social Media

Automotive

Design

iPhone

United Kingdom

Entertainment

Utilities

Media

Infrastructure

Culture

Streaming Services

Americas

Mobile Phones

Cybersecurity

Consumer Discretionary

Entertainment Disrupted

United States

Audio Streaming

Media and Entertainment

Technology

Music Streaming

Tech earnings showed executives think AI is about squeezing more revenue from existing products -- not about introducing fun experiments.

Anthropic Illustrations As Startups In The AI Space Receive Significant Backing

At the cusp of a new, AI-driven era, big tech companies are stuck in the no-fun zone. But first...

Bloomberg subscribers can save articles and view them from any device.

Upgrade to an unlimited subscription to save articles and view them from anywhere.

Bloomberg subscribers can send up to {count} articles a month to anyone to read for free, including non-subscribers.

Upgrade your subscription to send up to {count} articles a month to anyone to read for free, including non-subscribers.

Copy article link

Hello,<p>A Bloomberg.com subscriber thought you might want to read this story. To read it, all you need to do is click on the link – no subscription necessary. (Please note the link will only be valid for {days} days.)

Email article link

Please try again. If the problem persists, please contact customer support.

Something went wrong

We've doubled your gift articles this month. Share up to {count} articles with friends, family or colleagues.

As a subscriber, you can gift up to {count} articles this month. The recipient can read the full article for free – no subscription necessary.

As a subscriber, you can gift up to {count} articles each month. The recipient can read the full article for free – no subscription necessary.