Take-Two CEO Responds to Stock Price Drop Following Google Genie Announcement: ‘I Think People Are Confusing Tools With Hits’

Take-Two CEO Responds to Stock Price Drop Following Google Genie Announcement: ‘I Think People Are Confusing Tools With Hits’

“I would never want to underestimate the importance of human genius.”

Last week, Google announced Project Genie, an AI-powered virtual world creator still in its infancy that seemed to spook a number of video game investors. Following the announcement, stock prices of companies such as Take-Two, Roblox, and Unity took a noticeable dip, seemingly due to a belief that Genie …

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