Desparation
These AI guys are as desparate to deflect people from the wotd "bubble" as Trump's people are to deflect from the name "Epstein",
If IBM reveals improved profit margins or a fresh round of redundancies, AI may be the reason, because Big Blue today revealed that its own “Project Bob” developer assistance tools have improved productivity among its coders by 45 percent. Big Blue boss Arvind Krishna revealed that figure in prepared remarks [PDF] delivered as …
That's because they are totally clueless, and shut down all the datacentres they use to own.
Went from a first mover advantage, to loser last in 2 decades.
But at least Ginni got some big bonuses, and they sacked hundreds of thousands of employees.
I wonder if Trump knows how many US jobs Ginni sent to India and the rest of the world...
The orange shitgibbon doesn't care what happens to the peons. If anything, he would have invited Ginny to the White House for a nice Big Mac dinner (and posted the required photos saying that he paid for it himself).
Meanwhile, he has harped on green cards and managed to make sure he could make some money off of that, instead of plowing some much-needed funds into the US education system.
But nobody does that because educated people have a big risk of seeing through the bullshit and not voting for a serial loser like Trump.
They are making the right decision as owning a bunch of quickly deprecating AI hardware bought at the peak of a bubble is not a good investment. Whether they are making that decision by design, by accident, or because their previous mistakes have left them choice is another matter.
"Went from a first mover advantage, to loser last in 2 decades."
IBM may have had a capacity advantage in the pre-cloud environment, but cloud required bigger, more efficient data centres and IBM wasn't willing to invest to compete with it's rivals.
It didn't take IBM two decades to lose their advantage - it took 3-5 years and arguably less as many of it's data centres lacked the geographic advantages of being close to power suppliers or locations where data centre density allowed IBM to exploit their existing locations.
Rather than an advantage, IBM had a significant disadvantage of significant opex, a lack of capex and management that was unwilling to change course.
Strange, could've sworn no one has really figured out how to define programmer productivity, let alone measure it. Mostly because the only ppl smart enough are programmers and don't want to give idiot managers some cudgel to beat them with. Agile manifesto straight up gives up and focuses on quick feature delivery. Guess IBM must've figured it out with their handy dandy chatbots.
45% improvement in whatever bullshit metrics they decided to pull out of their collective arses and massage into a palatable form so that all this AI spend goes down smoother is still just bullshit.