I give it another year. The markets are souring on it, big time. Unless something big and good happens w/ spaceX (because retail investors are underwater on that) the next set of AI IPOs are going to be a disaster.
Ask yourself why all these companies are scrambling to IPO now. Thier investors see the writing on the wall: it isn’t going to happen. The breakthrough. The singularity. An army of virtual workers with the ability to actually do the job. The only thing left for investors to do is push the IPOs to get any kind of return.
They think we’re at a peak of perceived value, and a higher plateau isn’t anywhere in the foreseeable future. Judging by how quickly ALL these private companies are suddenly interested in IPOs, I actually think they think they’ve passed the peak already and are sliding.
You gotta understand, the C-Suite, even the CTO, need to collectively “paint a picture” for investors. And that is art, and art is subjective. If investors wanna hear “we are prepared to leverage a new technology so that we can remain competitive”, then you gotta paint that picture. The buy in, the double down… take it for what it’s worth.
Did you think your C-Suite has ever actually been honest with you about plans, priorities, the value proposition of your work… anything really? Don’t ever confuse what they “say” with what the actually think or believe.
You SHOULD quit, I WISH I was in a position to do so. I’d spin by we could crack a cold one. Hella jealous.
Just like… for your soul… don’t think this is the new normal. Some neat and good and useful stuff is going to come out of this… but the impact that this tech will have on the workforce is being wildly overestimated.
They’re asking us to scale back our usage.
I give it another year. The markets are souring on it, big time. Unless something big and good happens w/ spaceX (because retail investors are underwater on that) the next set of AI IPOs are going to be a disaster.
Ask yourself why all these companies are scrambling to IPO now. Thier investors see the writing on the wall: it isn’t going to happen. The breakthrough. The singularity. An army of virtual workers with the ability to actually do the job. The only thing left for investors to do is push the IPOs to get any kind of return.
They think we’re at a peak of perceived value, and a higher plateau isn’t anywhere in the foreseeable future. Judging by how quickly ALL these private companies are suddenly interested in IPOs, I actually think they think they’ve passed the peak already and are sliding.
You gotta understand, the C-Suite, even the CTO, need to collectively “paint a picture” for investors. And that is art, and art is subjective. If investors wanna hear “we are prepared to leverage a new technology so that we can remain competitive”, then you gotta paint that picture. The buy in, the double down… take it for what it’s worth.
Did you think your C-Suite has ever actually been honest with you about plans, priorities, the value proposition of your work… anything really? Don’t ever confuse what they “say” with what the actually think or believe.
You SHOULD quit, I WISH I was in a position to do so. I’d spin by we could crack a cold one. Hella jealous.
Just like… for your soul… don’t think this is the new normal. Some neat and good and useful stuff is going to come out of this… but the impact that this tech will have on the workforce is being wildly overestimated.