I work in tech for a large financial company (not JP Morgan) and they’ve invested heavily in AI and expect a return. But it’s a multi-pronged approach. More offshoring. Transitioning from internally maintained platforms to external SaaS solutions. More aggressively performance managing staff out of the company including older workers like myself. Setting expectations for those who will remain that they will be expected to use AI to work much faster with smaller teams.
So AI isn’t the sole cause. But it is accelerating the trends that were already happening.







Even though the AV1 spec was finalized 8 years ago, the HEVC patent mess was well known back then. I know that AOM put a lot of effort into working around patent problems so it will be interesting to see how this plays out. Google, Amazon, Netflix, Meta, Apple and the rest of AOM all have a lot on the line if the patent trolls win.
Open video and audio codecs are a direct threat to Dolby’s core business so this move isn’t surprising unfortunately.