It doesn't even perceive the photo in any form that's recognizable to humans because it's instead detecting patterns in the decompressed image data values. It's how the photos on the left are "Dog" but the ones on the right are unrecognizable gibberish to AI models, even if they're visually similar.

Now, coming back to the U-4 for a sec, have a graph of that with economic recessions labeled in gray:

Bluesky now has over 10 million users, and I was #3,215,971!