[TheOtherHobbes]

But it's not going to happen.

There may be some localised productivity gains, but in many of these businesses cracks will appear over the next 6-12 months as an all-AI pipeline becomes unfeasibly expensive and there's no corresponding earnings growth.

These CEOs have no clue how their companies work. They're in the driving seat of a machine they don't understand, they've been sold corporate FSD, they've turned it on like kids playing with a shiny toy, and they're about to discover it's been oversold, underbudgeted, and doesn't work yet.

[convolvatron]

decades of excess capital have raised company leaders that have bought into structural delusions like 'accounts are all the matter', or 'headcounts are all that matter', and the market has rewarded them for that. Or at least ignored failure because the supply was really quite low. Remember when we all laughed at the .com companies that were going to revolutionize pet food delivery? that never went away, we just normalized it. Very little of this has been based on cost v. revenue just forever. So it's no surprise that they are a little stunned that by following what everyone says is the future things aren't just going swimmingly. The usual reaction is to just blame your team, that's easy.