With skeleton crews barely surviving, do they actually believe AI will pickup the work?
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@OP - If I had to guess, probably not. It doesn't take a genius to figure out that a lot of people and companies are trying to use "AI" as a golden hammer at the moment. I'm sure that chatbots will have their uses, but not for many of the things that are currently getting pushed. However, I suspect that it is quite profitable to ride that wave until the bubble bursts. I suspect that corporate execs everywhere realize this and are working to grab a slice of that pie.
They will kindly do the needful and move those jobs to India. Then, they will release a PR stating they are reducing costs to promote deep investment in AI!
Soon they will be buying back appease institutional investors and providing the perfect exit strategy before this economy finally comes crashing down.
Cisco's failed venture into the world of software has left it with costly maintenance obligations on dead or stale products/services. Look at Webex, or the entirety of SBG. Splunk will soon join as layoffs punish morale.
How is Cisco responding to its own tech debt? Freezing or reducing headcount. This is a death spiral.
Hardware companies that think software is "easy" all seem to regret it eventually.
Was on a PM-DE-DT call yesterday for my product. Heard DT lead in India say he’s just lost 2 on his team (resigned). “The market is hot right now”.
G2 is now acting like this ruthless tough guy but he’s softer than a microwaved marshmallow.
there is no AI innovation. We have failed to deliver on any real innovation. PAN is up today after earnings. They are eating us and we think G2 has ideas. He has no vested interest except for his unvested stocks to vest
I have no idea what their expectations are, but our teams have been so strapped for talent. We been shipping stuff, but there is never any budget. Total joke.