#generativeai

All this talk about how AI is going to take this company so far ahead has it really helped you at all? Or just helped you out the door?

Is this a weedout course for employees? I've just completed it and tbh, it's not something everyone could complete. It requires critical thinking, debugging and prompt engineering to complete.

What do you think will happen to those who don't get a good grade on theirs?

From Reuters

Wells Fargo: severance likely to rise in fourth quarter
Bank will roll out AI gradually over the next year and beyond
More efficiencies to come from AI, CEO says
Dec 9 (Reuters) - Wells Fargo (WFC.N), opens new tab expects more cuts to its workforce and sees higher severance expenses in the current fourth quarter, CEO Charlie Scharf said on Tuesday, adding that artificial intelligence was set to change the way its business works.
"We have gone through the budgeting process, and even pre-artificial intelligence, we do expect to have less people as we go into next year," Scharf said on the sidelines of a Goldman Sachs financial services conference.

$11B? Who wants to hazard a guess as to how AK is going to pay for this?

https://www.wsj.com/business/deals/ibm-nears-roughly-11-billion-deal-for-confluent-276f52d8

Deal for data-infrastructure company could come as soon as Monday

By: Lauren Thomas
Dec. 7, 2025 10:01 pm ET

International Business Machines IBM is in advanced talks to acquire data-infrastructure company Confluent CFLT for around $11 billion, according to people familiar with the matter.

The details

A deal could be announced as soon as Monday, the people said, cautioning that the talks could still fall apart.

Confluent had a market value of around $8 billion as of Friday, while IBM’s was around $290 billion.

Confluent provides technology that helps manage streams of real-time data used in big artificial-intelligence models. An AI bo-m has boosted the need for its capabilities from companies in sectors including retail, technology and financial services.

The context

An acquisition of Confluent would be the biggest deal for IBM in recent memory as it repositions its business around AI.

Last year, it agreed to buy cloud-software provider HashiCorp for $6.4 billion, in a deal that pushed it further into fast-growing cloud and AI offerings.

In October, IBM posted higher revenue in the third quarter, boosted by higher-than-expected growth in its consulting business. IBM in November said it would lay off thousands of employees before the end of the year, joining other technology companies that are repositioning themselves in the age of artificial intelligence.

IBM has been competing with Google, Microsoft and a number of startups to build computers that exceed the abilities of the best conventional ones. It is working on larger clusters of quantum chips that it expects will enable large-scale computing in the next five years.

Chief Executive Arvind Krishna recently said IBM has used AI—specifically AI agents—to replace the work of a couple of hundred human-resources workers. That has enabled it to hire more programmers and salespeople.

Technology has been one of the busiest sectors for dealmaking this year. Google parent Alphabet struck a $32 billion deal for cybersecurity startup Wiz. Palo Alto Networks agreed to a $25 billion deal for CyberArk. And Salesforce struck an $8 billion deal for data-management software firm Informatica.

I’d love to know how much money is being burned on that hallucinating mess, and how many people were pushed out specifically “because of AI.” Sure, most cuts were really about offshoring, but some people absolutely were replaced in the name of AI, and the productivity expectations tied to it keep creeping up. It’s about time people noticed that, in most cases, AI just drains time and energy. Replace people? Good luck relying on a machine that can’t give you the same answer twice.

Are you reading the posts on this forum? Do you care about the health of this company? As a shareholder, I do. You don’t need to hire a multimillion dollar consulting firm to diagnose the situation and put a plan in place. A rational person and a little GenAI can summarize the themes for you

Key Themes
• Organizational instability: Employees cite constant reorganizations—often every six months—which has created fatigue, confusion, and a sense that structural decisions are being driven by short-term pressures rather than a long-term plan.
• Talent decisions undermining trust: There are repeated concerns that recent layoffs and promotions didn’t align with performance, with high performers cut while lower performers remained due to internal politics or legacy relationships.
• Leadership and HR gaps: Employees point to inconsistent leadership quality, slow or overly procedural HR processes, and communication missteps around sensitive changes. Some comments note ineffective leaders remaining in place despite clear issues.
• Burnout and morale decline: Workloads are heavy, career mobility feels limited, and many employees describe being exhausted and discouraged. Morale appears fragile, and trust in leadership is weakened.
• Impact on innovation: Several threads reference a shift from leading the market to following it. Internal volatility is viewed as slowing decision-making and diluting the creative culture that historically fueled Nike’s brand strength.

Implications
Left unaddressed, these issues create material risks: higher attrition among top performers, slower innovation cycles, reduced productivity, and a culture that becomes increasingly difficult to repair.

Recommendations for Consideration
• Stabilize the organization by pausing major reorgs and aligning on a multi-year structural plan.
• Audit recent layoffs and promotion decisions to rebuild confidence in fairness and performance alignment.
• Strengthen leadership accountability through clearer expectations and more rigorous capability reviews.
• Address burnout by examining workload models, spans of control, and internal mobility pathways.
• Recommit to innovation by protecting creative/product teams from ongoing churn and simplifying decision processes.

Nike’s external brand remains incredibly strong, but the internal signals point to a need for stability, clearer leadership alignment, and a renewed focus on innovation. Addressing these areas will help rebuild trust and set the foundation for long-term growth.

https://www.cnn.com/2025/12/04/style/robot-dogs-beeple-art-basel

I want to buy one

Quantum Corp. Sheds 1,500 Jobs Amid AI-Driven Restructuring

• TechCrunch
  Dec 3, 2025, 9:30 AM PT
• Quantum Corp., a leading innovator in AI, announced a significant reduction in its global workforce today, impacting approximately 1,500 employees. The company stated the layoffs are part of a strategic restructuring effort aimed at streamlining operations and shifting focus towards advanced AI development. This move follows a period of aggressive hiring but also increasing automation within its software and data departments. Affected employees will receive severance packages, outplacement services, and extended benefits. Analysts suggest this trend reflects a broader industry pattern where AI advancements are leading to efficiency gains at the cost of human jobs.
  https://techcrunch.com/2025/12/03/quantum-corp-layoffs-ai-restructuring/

IBM CEO Arvind Krishna argues that at current infrastructure and energy costs there is effectively no way for the current wave of AI data center spending to earn an adequate return. Using back-of-the-envelope math, he estimates about 80 billion dollars to build and fill a 1 gigawatt data center, implying around 8 trillion dollars in total commitments if the world builds roughly 100 gigawatts of AI compute capacity.
• He says 8 trillion dollars of capex would require roughly 800 billion dollars of profit just to cover the cost of capital, and notes that AI chips depreciate over about five years, meaning they must be heavily utilized and then replaced, further straining economics.
• Krishna openly disagrees with Sam Altman’s belief that such spending will be paid back, framing it as a belief or bet rather than something he accepts.
• He is very skeptical that current large language model technology alone will reach AGI, putting the probability at only 0 to 1 percent without a new breakthrough. He thinks AGI will require additional technologies, such as combining LLMs with more structured or hard knowledge, and even then calls it only a “maybe.”
• Despite this, he is bullish on present-day AI, saying current tools can unlock trillions of dollars of productivity in enterprises, even if they fall short of true AGI.

• Oracle’s credit risk gauge on its debt closed at the highest level since 2009
• A surge in bond issuance from large tech companies helped trigger the move
• Investors are increasingly worried that the AI sector may be forming a bubble
• The cost of protecting Oracle’s debt against default rose to about 1.28 % a year
• This level is based on end of day credit derivative prices in New York
• It marks the highest cost of protection on Oracle’s debt since March 2009
• The price jumped nearly 0.03 % compared with the prior trading day
• The gauge has more than tripled from around 0.36 % in June
• Heavy funding activity by tech firms is adding pressure to credit markets
• Oracle is being viewed as more exposed to AI related volatility in investor sentiment
• The move fits into a broader rise in perceived credit stress for major tech issuers
• These shifts are intensifying doubts about how sustainable the AI driven expansion will be

https://www.bloomberg.com/news/articles/2025-12-02/oracle-credit-fear-gauge-hits-highest-since-2009-on-ai-bubble-fears

Because stupid people believe anything. Chucky and g2, d-mb and d-mber.

I’m so sick of the AI slop on Penny’s Page. Real interesting how all these em dashes started showing up after generative AI advanced. Disrespectful. Just stop posting instead of pretending we are all too stupid to notice.

How many employees did Basking Ridge office have before Nov 20th layoff?
According to AI, it houses 6000 people. What percentage of the total is the 1319 people they laid-off?
Just wondering, because I read about a WARN Notice investigation online.

https://straussborrelli.com/2025/11/25/verizon-new-jersey-warn-act-investigation/

https://www.malaysiasun.com/news/278725881/india-inc-sees-governance-as-top-priority-for-scaling-ai-infrastructure-ibm-study

"AI" mentioned 16 times in this 'article', it's like a "School Assignment" IBM puff piece

It’s all offshoring. Or, in some cases, cutting roles that are just gone forever while dumping the workload on fewer and fewer people. I really wish they’d stop excusing profit-maximizing cuts and offshoring by slapping an AI label on everything. It feels like gaslighting at the highest level.

https://www.thelayoff.com/t/1kaqkpf2t

https://www.forbes.com/sites/johnkoetsier/2025/11/24/in-the-future-well-all-be-bosses-and-have-100-artificial-assistants/

In the very near future, we’ll all be bosses, and we’ll have our own customized teams of AI agents automating processes that we manage, allowing us to accomplish much more than we currently personally do. At least, that’s the vision from OpenText, an information management company that claims 99 of the largest 100 companies on the planet as customers.

“There will be hundreds and perhaps thousands of bots being created by everybody in this audience,” chairman and chief strategy officer Tom Jenkins said at the company’s conference in Nashville last week. "Everyone is going to be building their own little AIs.”

• 350000 employees (100000 low perf, 150000 med perf, 70000 high perf, 30000 exceeds perf) + AI
• 250000 employees (20000 medium perf, 170000 high perf, 60000 exceeds perf) + AI
• 200000 employees (20000 medium perf, 90000 high perf, 90000 exceeds perf) + AI

T-Mobile announces 15 minute switching from other carriers by using AI.

On the dais are Srini and Katz.

From Insider Trading reports...Michael Katz sold 2,500 shares of the firm's stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $215.91, for a total value of $539,775.00. Following the completion of the sale, the insider owned 156,203 shares of the company's stock, valued at approximately $33,725,789.73.

Nothing criminal about an insider dumping stock prior to a "major" announcement, is there?

Anyone versed in artificial intelligence can fairly easily train AI to create power point slides, Excel spreadsheet s, create budgets, and even sit in on meeting calls take notes and parrot back to worker bees.

The real work is done by these so called "leader's" staff.

What say you; are you in agreement?

If you want an idea of how well of a job AI will do, look what it did to ACSS. It took an already terrible system and managed to make it worse. The loading/buffering is unbelievable. A parent AYS ticket has been open for 3 months with no resolution. Hundreds of comments on the Impact Zone post.

Published 11/17/2025, 06:56 PM

https://www.investing.com/news/swot-analysis/five9s-swot-analysis-cloud-contact-center-stock-navigates-ai-transition-93CH-4363981

Some tone deaf people are posting non stop on LinkedIn as if it’s BAU..
stfu.. you might be on the list as well.. just be quiet for sometime. I do not want to hear about your AI conferences.

"The update came just a few days after IBM disclosed similar job cuts. [...] He points to IBM as an example: the company cut 8,000 HR and admin positions while hiring engineers and salespeople. “That tells you where they think value lives now. Routine work gets automated. Complex work stays human.”" https://nearshoreamericas.com/u-s-layoffs-surge-and-blaming-ai-is-part-of-the-smokescreen/

AI bubble deflating

https://finance.yahoo.com/news/peter-thiel-dumps-top-ai-143300737.html

Does any of you perceive AI as bubble like SDN or is it going to stay for ever. I am not sure if cognitive alogrithms break AI patterns create more confusion for the future to adapt. If not, AI is not real AI.

Affirm's CEO is -

Naive.

Automation.

RPA - Robotic Process Automation (will continue) to replace entry-level white-collar jobs

RPA has (always) been a (Large) part of (Global) manufacturing.

AI robots (will continue) to replace employees in manufacturing as it grows.

The Unemployment rate (will rise) over time because of it, it should show even more so; over the next several years.

The Trump thesis is (Totally Wrong) for bringing back manufacturing to the U.S. (employee-wise).

Remember, AI does (not) pay Tax revenue; employees do.

Reference the exponentially rising U.S. National debt of $38.2 Trillion a year (current) in which U.S. taxpayers pay $969 Billion in Interest (almost a Trillion a year) to outside Investors (U.S. based, Japan, China; etc.) per usdebtclock.

The impending layoffs are about the same thing as it's always been about. Prioritizing PROFITS over people! This company is by no means struggling. Free cash flow for the nine months ended September 30, 2025 was $15.8 BILLION, an increase from $14.5 BILLION during the same period in 2024. This company is still making BILLIONS in profit. Where did the increase in revenue come from? Through price hikes and rising fees; and they wonder why churn is high?

There's a WSJ article where Dan is saying 'We'll hit AGI (human level intelligence) in the next 2-4 years'. He's a big proponent of pushing AI. Why?
Bc he is an investor in the AI field primarily as a Managing Partner at Valor Capital Group, which invests in various technology companies. Wall St and Silicon valley are obsessed with AI and they pushing it down our throats even though regular consumers are not asking for it. The demand for AI comes from the top down, not bottoms up.

Where is the HUMANITY in AI? What will happen to the PEOPLE after our jobs are replaced by AI? Seems like the Board has let the fox in to guard the hen house.

Rumors of Verizon's Store Closures and
Layoffs Have Employees Worried
Rumors of Verizon store closures and layoffs are making the rounds. The Verizon layoffs this month could continue to heighten tech industry woes, leaving many to fend for themselves in an unstable job market. So
far, Verizon hasn’t confirmed major job cuts for the rest of 2025, butemployees continue to speculate about the possibilities.
Verizon’s rumored store closures and layoffs may take shape by Nov. 20,but the uncertainty among employees continues to mount as they clamor for updates.
Verizon Store Closures and Layoffs Expected: RumorsHave Employees on the Edge of Their SeatsVerizon is reportedly planning store closures around November 20, cutting
down on the number of its operations. Less profitable outlets are expected to be affected, indicating a direct effect on its employees, but.workers could also be laid off at the remaining open locations. The details
remain unconfirmed, with no updates on just how many stores and.employees could be affected by the change.The rumors suggest that, in addition to Verizon’s store closures and layoffs, the company may expand its AI automation services to address.gaps in its business resulting from the planned store closures. Rumors of.Verizon’s cost-cutting store closures and reorganizations of jobs have primarily emerged from platforms like Reddit and TheLayoffs, where employees have begun to consider the potential impact on their roles..Reports from platforms like The Street and Phone Arena have also begun
discussing the strategy..An email from the new CEO, Dan Schulman, last month also hinted at the possibility of change, speaking of “bold actions to make the company
leaner.” Such changes often include staff cuts, as we’ve seen from companies across the board this year.
Is AI to Blame for the Verizon Job Cuts Rumored in 2025?
Like most businesses, Verizon has also invested heavily in AI over the last
two years; however, it hasn’t yet made explicit changes to its headcount
as a result of this investment. A Verizon spokesperson reportedly told

TheStreet that its AI efforts were not part of a plan to reduce its workforce
numbers or linked to any layoff plans, but the rumors continue to mount.
Many suggest that the company could use AI to bridge any gaps in its
workforce following the Verizon store closures and layoffs, and this could
specifically affect customer service roles. There has been considerable
back-and-forth between businesses attempting to automate customer service with the technology,.and customers biting back, restating their preference for human
interactions over unempathetic AI services.
Verizon’s AI initiatives already include a business AI assistant and a similar AI shopping assistant, with its Project 624 services promising an improvement in quality across services. These innocuous uses of AI
showcase the myriad ways in which the technology has been employed across businesses, but most have come at the cost of some human labor.
The Lack of Information Has Employees Turning to Leaks onVerizon’s Workforce ReductionsOver the last few days, internal concerns and reports suggesting a
November 20 announcement date have employees looking online for information on what’s to come. Unfortunately for them, most of the chatter online is mere speculation, leaving them with very little concrete
information to go on. From questions about who is likely to get laid off first to others about the validity of employee benefits once employees are laid off, the stress and concern among workers are apparent.
While layoffs are difficult to conduct regardless of how well they are planned, such uncertainty is rarely healthy for an organization to allow. All.business decisions are rarely made after consulting and informing each employee, but the lack of any communication or intimation leaves workers
stressed, anxious, and unable to perform. Resentment towards supposed
DEI hires and anger about overseas operationshave escalated, and this rise of negative feelings is hard to undo, even
months after the layoffs are well and truly done.Verizon’s store closures and layoffs appear to be a.certainty as the company hasn’t explicitly denied the rumors, but matters might be more complex than these initial reports will have us believe.
The delays have left workers critical of everything from the company’s business model to the new.CEO’s ability to lead, and such chaos is rarely ideal for operations.
Whether Verizon confirms the major job cuts for 2025 or denies the.strategy remains to be seen, but for a business to be productive,
communication and transparency remain paramount.

The next days are going to be bad. I cannot wait to see the forward looking projections lies about AI revenue

Intel's CTO and AI chief leaves for OpenAI after just seven months in role — follows another AI data center exec out the door, Lip Bu-Tan to take up the slack | Tom's Hardware https://share.google/N8vbWxNr8o0YGrv59

https://substack.com/inbox/post/178568795

But business leaders are still pretending (lying) AI is taking peoples jobs.

https://arxiv.org/html/2510.26787v1

The best-performing current AI agents achieve an automation rate of 2.5%, failing to complete most projects at a level that would be accepted as commissioned work in a realistic freelancing environment. This demonstrates that despite rapid progress on knowledge and reasoning benchmarks, contemporary AI systems are far from capable of autonomously performing the diverse demands of remote labor.

Layoffs hit Amazon, UPS, Target, and more — but it has little to do with AI

Even perceived winners in the AI-fueled economy, like Meta, have recently announced workforce reductions.

https://finance.yahoo.com/news/layoffs-hit-amazon-ups-target-and-more--but-it-has-little-to-do-with-ai-165130022.html

I'm actually pretty shocked at how pervasive AI has become in every aspect of the company. From engineering to design to mail to people making their own agents, etc. It seems like we're just throwing money at the bubble and it hasn't yet resulted in any savings, just expenditure (Cursor, for one)
I use Cursor daily in my role and the amount of times I have to fix code or re-prompt something because it over-engineered something it got it entirely wrong is way too high.

Segment 2: Broadcom x OpenAI and the AI capacity race

JIM CRAMER: We are here with Hock Tan, CEO of Broadcom. Stock is up nearly 10 percent on a big OpenAI partnership. Hock, you are not a cheerleader. What is the hard business case?

HOCK TAN: Customers building large language models need compute capacity, at scale. We invest to enable a small set of those builders, and we do it with purchase orders, not hopes.

JIM CRAMER: Power is the scare word. People are throwing around 18 Hoover Dams. Where does the juice come from?

HOCK TAN: The power exists. The challenge is making it usable. Do not chase one giant gigawatt site. Distribute 50 to 100 to 200 megawatt sites across the grid. Oracle, Google, Meta, Microsoft are securing capacity. With time, those locations become usable power.

JIM CRAMER: Custom silicon at scale without wrecking margins. How many partners can actually do this with you?

HOCK TAN: Very few. We learned a lot over eight years with Google on AI accelerators. Today we focus on about seven players pushing foundation models. Four are already real customers, meaning production purchase orders at scale.

JIM CRAMER: OpenAI is private, but you would not sign up unless the economics worked.

HOCK TAN: Correct. They are real, fast growing, and we look three to five years out. Generative AI is not a fad. It is how intelligence gets created in software.

JIM CRAMER: Competition. I am not starting a cage match with Jensen. Is there room for everyone?

HOCK TAN: Jensen is a friend. Demand for compute is more than doubling year over year. No single vendor can satisfy it. The race is performance per watt and performance per dollar, plus networking and software stack to run the models at scale.

JIM CRAMER: Everyone talks AI, but VMware and the rest of Broadcom matter. How are they doing?

HOCK TAN: VMware is growing and throwing off large free cash flow. One of our best assets.

JIM CRAMER: You have called this a secular wave. How big can it be?

HOCK TAN: Think railroads and the internet. Global GDP is roughly 110 trillion. About 30 percent is tech and knowledge driven. Generative AI can push that toward 40 percent. That is on the order of 10 trillion in added value annually over time. Spend a trillion a year and the returns can still be compelling.

JIM CRAMER: Translation for investors. You are meeting demand that already exists.

HOCK TAN: Yes. Our job is to deliver capacity and keep optimizing.

JIM CRAMER: Hock Tan, Broadcom CEO. Big day. Thanks for being here.

HOCK TAN: Thank you, Jim.

"When compared to Intel-based systems, it delivers up to 86x faster AI performance"…

I'm imagining the engineers responsible for running the tests finely tuning the test suite for days and days so they could get that number into the press release, lol. There's no way that's a coincidence and someone definitely advocated for that line being the way it is.

AI bubble is forming, Hyperscalers will reduce Capital Expenditure once it pops. Will Nokia be able to ride the waves as it has for the past decade?

The stock will probably be around $50 by the end of the year. We’re clearly in an AI bubble, and the AI-driven stocks are telling a very different story from reality. Our team isn’t ready to handle what’s coming.

We’re stuck in an economic trap. If we raise prices to protect margins from tariffs, we risk losing customers. If we don’t, margins get crushed. Discretionary spending is tightening, so fewer people will be buying high-end gear this holiday season. Retail looks soft, companies are hiring less and most aren’t looking to add traditional holiday staff at prior year levels.

Not everything is leadership’s fault. Some of this is just macroeconomic turbulence. But the bigger issue is that our current leadership is a throwback. They’re just not equipped to deal with today’s high-volatility environment. And unfortunately, many of the same people who created these problems are still running the show, some of them even promoted.

We might see slightly better earnings in December, but I expect it to come with a warning about a tough year ahead. That message won’t help the stock.

Buckle up.

https://www.aspistrategist.org.au/microsoft-outlines-ambitious-post-quantum-plans-but-challenges-remain/