All the labor arbitrage is short term with AI looming large. Cigna and other fortune 500's won't need their massive workforce as AI replaces much of what everyone does. HIH made sense in 2010 but there isn't enough runway now. Stop the madness.
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AI is extremely overhyped and ineffective for day to day business operations. We're at least a decade out from being able to replace the bulk of a workforce with a reasoning AI. The functions that CAN be run via AI, have been converted to do so years ago courtesy of our RDA and RPA bots.
@m6 Yup! Hired them off of Temu.
They'll have the indians build AI tools at half the cost.
@OP AI and HIH are massively overhyped. Since these shortsighted plays aren’t boosting stock as hoped - it looks like the emperor has no clothes.
The stock is tanking, under $300 now. Shameful.