Netflix reported its quarterly earnings on Tuesday, and revenue was $11.51 billion—slightly below Bloomberg’s forecast of $11.52 billion. Earnings per share were $5.87, below an estimate of $6.94. (All of this is per Yahoo! Finance ). Not catastrophic, but not great. The company’s stock price went down by 5.6% .

But hey , how about all that AI?

In its shareholder letter, and then again in its earnings call, Netflix co-CEOs Ted Sarandos and Greg Peters touted coming generative AI implementation as an exciting new development across content generation, user experience, and in advertising. All the AI talk made it feel like it was 2023 again.

To illustrate how much AI seems to be on the CEOs’ minds, at 26 minutes and 34 seconds into the earnings call , Peters gives an answer in wh

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