AI-washing layoffs. They will replace shit with AI but that’s a better story than “we have to reduce costs because we don’t have cheap ways to refinance our $1B debt”.
Credit isn’t cheap and Iran is not going to make it cheaper, investments in software have tanked, so the only story that still can be told almost with a straight face is that they still have big growth opportunities thanks to the magic of AI.
AI-washing layoffs. They will replace shit with AI but that’s a better story than “we have to reduce costs because we don’t have cheap ways to refinance our $1B debt”.
Credit isn’t cheap and Iran is not going to make it cheaper, investments in software have tanked, so the only story that still can be told almost with a straight face is that they still have big growth opportunities thanks to the magic of AI.