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What most companies and CEOs fail to grasp is that with all the talk of headcount cuts from AI customers are expecting that AI will LOWER pricing and costs, not
by JCM9 1y ago
What most companies and CEOs fail to grasp is that with all the talk of headcount cuts from AI customers are expecting that AI will LOWER pricing and costs, not raise it. Challenge is that the cost cutting story is mostly vaporware (as many other studies have shown) so CEOs are in a tough spot. They can’t both boast to shareholders at how much cost savings they got from rolling out AI and then charge customers more.
All this is pretty textbook setup for how this bubble finally implodes as companies fail to deliver on their AI investments and come under fire from shareholders for spending a ton with little return to show for it.
- gorbachev 1y agoI can't wait until the AI vendors start charging according to the true costs of their tools (+ profit margin). Let's see what the cost savings are then. Additionally once the AI vendors have locked these companies to their ecosystem, the enshittification will start and the companies who reduced their headcount to bare minimum will start to see why that was a really, really bad idea.