Viewing profile — mathattack

Also a single person for the board to hold accountable. In essence the individual that represents the company to outside groups. It doesn’t have to be this way. Other working cultu…

They were ahead of the industry in Marketing but not in reality. Having AI and an army of consultants is the market standard today. This is because it works. IBM slapped Watson on …

This shouldn’t surprise anyone who has dealt with IBM over the past 10-20 years. 1 - IBM audits your company’s software usage. 2 - They find a couple servers that someone forgot to…

In addition to what others say, the potential for profiting later increases the initial price. Think of it this way… let’s say two identical companies are going to IPO. Company one…

This shouldn’t surprise anyone who has dealt with IBM over the past 10-20 years. 1 - IBM audits your company’s software usage. 2 - They find a couple servers that someone forgot to…

The price tickets sell for will be higher if scalping exists. Demand increases for 2 reasons: 1 - I’m more likely to buy a ticket or pay a higher price if there’s a chance of turni…

And he closes [2] with “May the force be with you” Very interesting that he seems to be in the camp of “It’s ok if the machines prove it as long as we can understand and formally v…

I’m not sure I follow.

You’ve hit on a big reason - short term gains. The partners at Accenture, Infosys and the rest circle the execs at old industry companies. The companies start performing worse, tho…

Interesting as companies like Ford like to show they’re on the leading edge of AI, but do they really have the capabilities and 10x engineers?

Sort of. They can use the debt to grow, in which case they’re betting that they will get more profit than the principal plus interest payments. (Beating a 4% return on the loan, no…

It’s not just yield. Its debt gets paid first. And if you miss the interest payments the debt holders get the company.

If you’re profitable and can pay it back, it’s better than equity. If there’s any financial risk then it may not be worth the potential loss of control.

Yes. Though even more than the US, their engineering talent from top schools heads into consulting and finance.

I couldn’t believe this the first time I heard it. This isn’t new, it goes back to the 90s. Perhaps longer.

He’s writing satire about AI, no?

The question is are we more like farm workers who will be unemployed because of the farm or accountants who become much more valuable and high paid because of the spreadsheet? And …

Yes. And gut support too. The only consolation is that the software still exists.

It’s not necessarily the sale. Some private equity companies move from “Let’s invest like we’re shooting for the moon” to “Let’s invest like we want to improve margins and flip thi…

Interesting. My observation on IBM is their entire business model is: 1 - Audit your customers 2 - Buy back shares 3 - Force early retirements It was easy to see why Watson failed …

I find it interesting how old brands are being rebooted. Andersen Consulting is back. If you can resurrect Old Spice, why not try it elsewhere?

I tell them “no idle conversation or verbal tics” in the instructions.

It’s gotten somewhat better over time though clearly not their top priority.