PSA purchases AI company Genamint

Aquarian Sports Cards · #1 04-21-2021, 01:21 PM

Remember also that huge companies by up small companies that they feel are a threat and then just bury them...

D. Bergin · #2 04-21-2021, 01:44 PM

Quote:

Originally Posted by Aquarian Sports Cards

Remember also that huge companies by up small companies that they feel are a threat and then just bury them...

Yup. Proprietary software become theirs to do whatever they want with it. Often to just make it disappear. Ebay was doing this every other week back in the late 1990's, early 2000's with various start-ups.

I think they even tried to claim ownership of the "Buy It Now" button at one point, because they bought out the guy who said he "invented" it. LOL!

I might have made that last part up...........but I'm not entirely sure about that.

samosa4u · #3 04-21-2021, 01:47 PM

What's going to happen if somebody sends back a PSA 10 for reholdering and PSA sees something wrong with it while using this newly-acquired technology? And what if this happens 7,000 times?

hcv123 · #4 04-21-2021, 01:59 PM

I would say no reholdering of old grades. If you want a new grade - it has to be earned through the new system.

I pray that this will be "used for good". Based on past threads, I suspect Kevin created this from a really great space - PSA has a real opportunity here - I truly hope it is capitalized on with integrity!

bnorth · #5 04-21-2021, 02:04 PM

Quote:

Originally Posted by hcv123

I would say no reholdering of old grades. If you want a new grade - it has to be earned through the new system.

I pray that this will be "used for good". Based on past threads, I suspect Kevin created this from a really great space - PSA has a real opportunity here - I truly hope it is capitalized on with integrity!

I agree with the part I made bold. It should be like the new holder and really promote it as the greatest thing in grading ever. Then 6 months in change the holder or at the very least completely redesign the flip again. New is always better.

Aquarian Sports Cards · #6 04-21-2021, 02:44 PM

Quote:

Originally Posted by hcv123

I would say no reholdering of old grades. If you want a new grade - it has to be earned through the new system.

I pray that this will be "used for good". Based on past threads, I suspect Kevin created this from a really great space - PSA has a real opportunity here - I truly hope it is capitalized on with integrity!

Not questioning Kevin's motives AT ALL. Not even questioning PSA, just hoping...

JollyElm · #7 04-21-2021, 03:34 PM

Don't be fooled. The card doctors already have their teams of techies working 24 hours a day trying to discover how to 'beat' this new technology and keep the money presses rolling...

GasHouseGang · #8 04-21-2021, 03:48 PM

Quote:

Originally Posted by samosa4u

What's going to happen if somebody sends back a PSA 10 for reholdering and PSA sees something wrong with it while using this newly-acquired technology? And what if this happens 7,000 times?

I think you're probably missing some zeroes on that.

Pat R · #9 04-21-2021, 05:35 PM

I don't know how they are grading 20,000 - 25,000 cards a day when none
of the completed to date times have changed in over 2 weeks except the
walk - through and super express services.

Mike D. · #10 04-21-2021, 08:17 PM

Quote:

Originally Posted by Pat R

I don't know how they are grading 20,000 - 25,000 cards a day when none
of the completed to date times have changed in over 2 weeks except the
walk - through and super express services.

They are moving...but not very quickly. The "Value Modern" Complete Through rate changed from Aug 2nd to Aug 5th.

GasHouseGang · #11 04-21-2021, 05:43 PM

Quote:

Originally Posted by Aquarian Sports Cards

Remember also that huge companies by up small companies that they feel are a threat and then just bury them...

Yeah, I'm reminded of the companies buying up the streetcars.

"Between 1938 and 1950, National City Lines and its subsidiaries, American City Lines and Pacific City Lines�with investment from GM, Firestone Tire, Standard Oil of California (through a subsidiary), Federal Engineering, Phillips Petroleum, and Mack Trucks�gained control of transit systems in about 25 cities"

Then they dismantled them.

Case12 · #12 04-21-2021, 07:41 PM

I worked as a contractor for an AI start up company before COVID. The scope was image language translation. We were granted 8 patents so far. What is proposed here should be super easy once enough reference data is collected. It won't take much for these applications. What will intrigue me more is autograph authentication. With AI they could then set the system on autopilot for authentication and multi factor grading. AI is not robots taking over the world, but is certainly mind blowing.

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