Gadget boom fizzles amid AI hoopla: 'It’s a bloodbath out there'


The industry is banking on a future where AI tools create novel sources of revenue, and, if history is any guide, new products can fuel customer adoption. — Reuters

When Amazon.com Inc executives took the stage last month in New York to announce an artificially intelligent Alexa, there was a conspicuous absence: no flashy new gadget to accompany the souped-up voice assistant.

Amazon isn’t unusual in this regard. After a years-long explosion of high-end laptops, foldable smart phones and voice-activated everything, big tech companies have entered the artificial intelligence age with little new hardware. 

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