Do you feel embarrassed talking to tech friends from other companies when the topic of AI comes up? They’ve been telling me for TWO YEARS that I would get to use AI. So far zilch, nothing, just stories from the home page by people I don’t know with Indian accents. Apparently only foreigners are worth investing in a subscription to ChatGPT. Engagement — ZERO
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Honeywell stock is worth less than 5 years ago! Gone no where, lost all if its brightest and best, stop truly developing products. Had to split to survive. It takes years or R&D to bring new products to market, man, I wouldn't throw a dime at it!
@gs Glad you are not my broker. GE has pummeled Honeywell. The guy is right, Honeywell has been an absolute dog in comparison to the market and anyone with half a brain knows our stock price has been propped up through continued gutting of the business. Rob Peter to pay Paul if you like. Growth has been decimated. Honeywell stock will tank in the next 2 years, mark my words. You want some good advice, get that stock straight out of your 401k into an index etf, thank me later.
honeywell is gone. zombie at this point. the conglomerate failed to show any meaningfull growth so it is being broken up for parts. if they could have sold it they would.. instead they will let them go with a hefty tax due on the 16+B in debt. tribute money that will crush some of the businesses
Honeywell's done some solid work on the product side — Forge is a good example of AI actually landing somewhere useful. But internally? It's a different picture. Honeywell GPT is running on an old model, it can't handle basic tasks reliably, and nobody's seen any real productivity lift from it. The CTO and CIO have dropped the ball on this one. There's a real disconnect between what the company sells to customers and what it gives its own employees (and what CTO/CIO tell the CEO as far as our internal AI "successes" go).
@gd the only savings you gave them were missed profits. Congratulations. Honeywell will get to 400
Oh the irony. I just had a family member call me asking if they should buy Honeywell Stock because they saw a social media post recommend Honeywell and GE as Industrial AI plays. I laughed so hard, obviously said don't ever trust social media and if they really had to GE is an infinitely better place to put your money.....so glad I saved them.
@bn "Furthermore, Honeywell is undergoing the largest strategic transformation in its history." Hahaha, I guess that's one way to say liquidated!
“Home rolled LLMs” what the heck
Does aero have a new office in Compton?
Not happening in aero.
No worries. We are counting the minutes until we say goodbye to the cr-ppy lowest bidder tools forced down our throat by former ACS and Corp. only to get zero support and weekly downtime.
You should go read the reviews for L3 Harris about AI. You may have a different attitude about wanting to have AI in the company.
@bn perfect example of how a company with no strategic direction will end up having legal (or accounting) as the final voice in a decision
Uhhh, don't know where you are at but in my area we have multiple AI options. For the record I'm very much in the US.
HonGPT - Meh, not great.
Microsoft Co-Pilot - Not bad, better then HonGPT and can handle export controlled material which is nice for Aero.
Home-rolled LLMs - Many, many engineering groups have built up LLM capabilities for their own use with their own servers. Seems like an off-the-books LLM server is popping up in nearly every server closet. Nvidia chips are being quietly purchased to run them. Just gotta know who to ask for access.
Have you seen the degree of AI in use for software applications and harnessing massive datasets in building space? Those technologies wouldn’t be possible without AI.
As far as individual productivity use AI on your own account. You don’t need Honeywell to do this for you. It’s $20 per month for ChatGPT and Claude.
Furthermore, Honeywell is undergoing the largest strategic transformation in its history. A hyper conservative stance on individual usage of AI is from a legal stance - Aero has some intense data security laws that have major issues when breached. Once the companies split I bet remaining Honeywell to use AI.
Finally you should be happy they’re not investing in individual AI. Otherwise you may not have a job !!
exactly. i dont even consider my hours at the office to be real work.