Props to Amazon, the absolute best at grabbing the low-hanging fruit. I was impressed when I saw those reviews (not from a customer's point of view as much as from the business's point of view). They're going to lead to a lot more satisfied customers, longer term.
Of course, like everything else, this will become an arms race between legit business owners and those trying to game the system. That seems inevitable.
I actually feel the same way about Adobe: Their own text-to-image model (Firefly), tight integrations of tools within existing Photoshop products, and now Adobe Express with lots of own generative AI features. Great examples of an established player incorporating AI in a way that makes perfect sense and doesn't feel forced.
As for Amazon reviews, exactly: AI summaries are only as good as the underlying reviews, so if all they do is perpetuate e.g. fake reviews, it might only backfire. But if they find a way to use AI to weed out crap reviews and surface relevant info, huge win!
The only question the board at AMZN has is: will this make us more money? probably, yes, at least for a while.
ADBE is a great company I've admired for decades. They always trade at a serious premium, though, so I haven't convinced my value-investing self to pull the trigger (or get anywhere remotely close to pulling the trigger), whereas Amazon has been punished by interest rate risk and so forth at various times and seems to be much more driven by sentiment for brief periods than ADBE.
It's killer value. I don't know if it'll translate into dollars for Adobe over time, but it's certainly doing a lot of the heavy lifting of keeping them in our minds and in conversations like this one.
I would like to see an AI app specialized around being a diary. Whenever you had time you would sit down in front of it and it would ask you questions about what had happened to you since your last entry. After you had made several entries you could talk to it about your life, where it was going, etc.
Props to Amazon, the absolute best at grabbing the low-hanging fruit. I was impressed when I saw those reviews (not from a customer's point of view as much as from the business's point of view). They're going to lead to a lot more satisfied customers, longer term.
Of course, like everything else, this will become an arms race between legit business owners and those trying to game the system. That seems inevitable.
I actually feel the same way about Adobe: Their own text-to-image model (Firefly), tight integrations of tools within existing Photoshop products, and now Adobe Express with lots of own generative AI features. Great examples of an established player incorporating AI in a way that makes perfect sense and doesn't feel forced.
As for Amazon reviews, exactly: AI summaries are only as good as the underlying reviews, so if all they do is perpetuate e.g. fake reviews, it might only backfire. But if they find a way to use AI to weed out crap reviews and surface relevant info, huge win!
The only question the board at AMZN has is: will this make us more money? probably, yes, at least for a while.
ADBE is a great company I've admired for decades. They always trade at a serious premium, though, so I haven't convinced my value-investing self to pull the trigger (or get anywhere remotely close to pulling the trigger), whereas Amazon has been punished by interest rate risk and so forth at various times and seems to be much more driven by sentiment for brief periods than ADBE.
True about Adobe = Premium. Which is why I think Adobe Express free version is such great value at the moment.
It's killer value. I don't know if it'll translate into dollars for Adobe over time, but it's certainly doing a lot of the heavy lifting of keeping them in our minds and in conversations like this one.
I would like to see an AI app specialized around being a diary. Whenever you had time you would sit down in front of it and it would ask you questions about what had happened to you since your last entry. After you had made several entries you could talk to it about your life, where it was going, etc.
Hey Fred, there are actually a bunch of apps out there that already do this (or are about to launch). https://www.rosebud.app/ and https://www.mynd.so/ come to mind!
I may include a round-up of these journal apps in one of the upcoming 10X AI issues. Thanks for the comment!