AI can be categorized based on capabilities and functionalities, with each category designed to perform specific types of tasks.
Categories by Capabilities
1. Narrow AI (Weak AI)
AI systems designed to perform a single specific task efficiently. These systems cannot perform tasks outside their pre-defined functions and lack general intelligence.
What it does:
• Voice assistants (Siri, Alexa)
• Image recognition for security
• Recommendation systems (Net...

This position is doing well though counter-party risk remains a concern.

I have a small tracking position in Ouster. The technology is interesting and the company is promising. I am waiting to add as I watch risks play out.
#Trading Journal

Small position started and currently holding shares. Definitely some risks here, including  one I’m struggling to understand. Still in DD mode, with starter/tracking holding.

Ouster's strong sales guidance and smaller-than-expected Q4 loss demonstrate the benefits of its diversified strategy compared to its peers. The company's successful merger with Velodyne and the subsequent cost-cutting measures have positioned it well for future profitability.

Ouster's merger with Velodyne and careful cost management seem to be paying off, with healthy Q3 financial results and ambitious profit goals. But it's crucial to consider the broader industry context.