True story time. I was talking to a guy at $dayjob and he says he’s been talking with a third party company, whose solution we might buy. I asked him how the talks with them went and he said they were negotiating and I asked him how that was going.
He offhandedly said that he asked if and how they were using AI at all in their solution. I asked “Why did you ask about AI?”, since I was sort of curious what benefit he was looking for.
He said “Well, it’s not that I actually care about AI in their product, but if they don’t have any AI stuff, I can use that as leverage when negotiating the contract for a lower price.”
I was a bit astonished and he did kinda knowingly smile. He said “yea I know, I am part of the problem”. He also said “it’s also about taking a temperature on how ahead in technology the company is”.
I just wanted to share cause this is so insidious. Companies are asking each other about AI, despite the fact that (at least sometimes) nobody actually wants it! They are asking in order to use the lack of AI as leverage, which incentivizes companies to include AI in their offerings, not because it’s actually useful, but because it gives them leverage to raise prices!
This really makes AI seem more and more like a bubble.
You can only use that as leverage if some companies legitimately want that.
The reason it’s being pushed even though nobody wants it is…drumroll defrauding investors!
Even if you’re not an AI company, you want AI in it to mislead investors of your own. Basically slapping AI on your branding, and nothing else, increases your stock value.
Just like adding “dotcom” to your business name increased it’s value. Until it didn’t.
9/10 people “investing” know it’s bullshit, they’re just gambling with other degenerates in a weird game of chair-circle or whatever the fuck that childhood gane was called.
our entire economy has been around facilitating speculation, because it “increases liquidity”, so now we have a nation of gamblers where noone wants to work…and why would they when work is punished