The CEO of Kroger mentioned AI 8 times on the Company’s earnings call: Bloomberg


https://www.bloomberg.com/news/articles/2023-06-15/the-ceo-of-kroger-mentioned-ai-8-times-on-the-company-s-earnings-call

The word was used 0 times in the prior earnings call.

Are companies contractually required to mention “AI” even if they don't do anything with “AI”? I am quite bothered when a CEO feels the need to name-drop a buzzword and then cannot explain what he means by it.

I'm very much a bear on companies like Kroger. It reeks of desperation. Stock is down pretty hard in turn.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *