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(Bronson Stamp/Sherwood News)
Hey, Siri

People use smart assistants for weather, timers, and music — the same stuff we were doing a decade ago

Digital assistants can do more but not well or consistently.

Rani Molla

Google, Amazon, and Apple are all upgrading their digital assistants — Assistant, Alexa, and Siri — to use more advanced generative-AI technology. The problem has been that even as they promise new and better capabilities, these tools for now have lost some of their initial functionality, and companies are struggling to make everything work as advertised.

So far the changes haven’t meant much to regular users.

New data from survey company YouGov shows that for the most part, people still mainly use smart/voice/digital assistants for the same stuff they did when these companies first demoed them about a decade ago: checking the weather, playing music, and setting timers. There’s slight variation by age group, but the overall pattern holds.

Back in 2018, I made pretty much the same chart as above using Adobe data — and it looks roughly the same.

What’s going on?

Some 27% of smart assistant users said their main problem with the technology is that it doesn’t understand their requests, while another 12% cited a lack of accuracy and another 10% said digital assistants aren’t as smart as they expected them to be.

Those are big obstacles to overcome if people are ever supposed to trust these assistants enough for them to become more deeply integrated into our lives and do more important work than telling us the weather.

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Apple Store in China

Apple reports Q4 earnings and revenue slightly above Wall Street estimates

The iPhone maker reported its FY 25 fourth-quarter earnings Thursday.

#10

Tesla just recalled its beleaguered Cybertruck for the 10th time since the vehicle was introduced two years ago. This time the company recalled about 6,000 of the “apocalypse-proof” vehicles due to what the National Highway Traffic Safety Administration says is an improperly installed “optional off-road light bar accessory” that could become disconnected from the windshield while driving, and could “create a road hazard for following motorists and increase their risk of a collision.”

CEO Elon Musk once said he could sell up to 500,000 of the stainless steel behemoths a year. In the first three quarters of this year, the company has sold only about 16,000.

tech

Analysts lower Meta price targets after social media giant says AI capex will keep climbing

Meta may have posted record revenue Wednesday but the stock is deeply in the red in the wake of its third-quarter earnings report, after the social media company said that its capital expenditure on AI would continue to rise.

The earnings prompted a number of analysts to lower their price targets or downgrade the stock.

RBC Capital lowered its price target to $810 from $840. Bank of America Securities lowered its price target to $810 from $900. Barclays, JPMorgan, Deutsche Bank, and Wells Fargo also lowered their price targets on the company.

Earlier today, Benchmark downgraded its rating to a “hold” from a “buy.” Oppenheimer downgraded the company to “perform” from “outperform,” saying the “significant investment in Superintelligence despite unknown revenue opportunity mirrors 2021/2022 Metaverse spending.” Ouch.

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