Salesforce expects lowest quarterly growth in two decades Salesforce has disappointed investors by posting revenue below expectation and forecasting sales for the next quarter at the lowest level of growth for more than two decades. Despite this, the CRM giant said it would recover from the setback and would stick to its sales forecasts for the 2025 financial year. For its Q1 ended …
Dis A.I. ain’t gonna drive dat sweet sweet cash for me Julie.
The fascination of AI is really similar to the emperors new clothes, or weighing the pig. Some of the AI stuff is incredible, but as soon as you try and extract cash out of a customer to pay for it, it’s maybe not worth it. As a tech industry we’re afraid to tell the bosses it’s not going anywhere useful on day to day business to business sales cycle, or will actually be more expensive than the human when you look at the fully burdened cost. And it doesn’t matter how many times you look at the sales pipeline trailing off, focus more and more resources away from core business into AI projects, and demand that everyone tries to sell more of something customers won’t pay for, the bigger the challenge will become.
IT sales veteran, in the data/AI game, hence anon.
Salesforce is like the lesser evil of that world that they with Oracle and SAP all divvy up. Even Slack's acquisition can't make them great again as a cool kid, as most of the user base that would use SF just uses Microsoft Teams by default, and people are already over the hype of AI replacing humans to improve their bottom line.
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