cross-posted from: https://fed.dyne.org/post/822710
Salesforces has entered a phase of public reckoning after senior executives publicly admitted that the company overestimated AI’s readiness
Always the damn suits.
Unfortunately, the company I work for uses Salesforce to supply equipment to me and my colleagues.
I’ve not been able to log in with my given credentials to order winter gear.
This… Explains a lot.
Sucks to suck
Not that I don’t love this for them.
But this source is really odd, it’s not a reputable new source, and has no citations, and very much an opinion blog type site.
Is there a better source for the story?
And these comments, man. Are they all bot-generated? I would have expected more comments calling this out. Just you and me (and the upvotes.)
And yet, despite fucking up royally, CEO Marc Benioff won’t lose his job or probably any remuneration. And there’s the problem.
Well they probably had record earnings for a few quarters then their backlog caught up to their inability to deliver.
Got their bonuses and left scorched earth. The business strategy of private equity and capital.
Prayers and best wishes for Luigi and all of his followers.
I’m still holding out hope that they get half-drowned Clockwork Orange-style, despite how unlikely it is…
If any of us fucked up like this they’d have security marching us out.
well, those are the people ruling the world and calling the shots.
nobody will bring consequences to them except for us.
“We assumed the technology was further along than it actually was,” one executive said privately
I wonder how many executives made these types of decisions knowing the technology could not perform as intended, but wanted to boost their quarterly or yearly bonuses, versus how many were just gullible morons.
It’s also showing that they do not regret firing the employees; they would do it again if the technology was that far along.
Yeah, you can also restate what was said as:
We are catastrophically incompetent at our jobs.
But don’t worry, capitalism is totally based on merit.
… or maybe this just is the moment where it isn’t capitalism anymore, and it is clear technofeudalism, with a class of incompetent robber barons running everything.
Cool, now fire the entire executive staff. Replace them.
They are objectively the people who would be the easiest to replace with LLMs.
All they do is have a rolodex, schmooze, and read reports and such written by people who do have some talent.
They’re also far and away the costliest employees to employ.
Salesforce has now begun reframing its AI strategy, shifting away from the language of replacement toward what executives call “rebalancing.”
Gee, I wonder why the executives suddenly don’t want anyone talking about replacing people 🤔
now get fucked
Time to short
C-suite is always clueless, and C-suite gets no consequences for their ineptitude.
If I were a shareholder, I’d be pushing my fellow shareholders to replace the inept.
If I were a shareholder, I’d be pushing my fellow shareholders to replace the inept.
How would you ever do that? Salesforce’s major shareholders are primarily large institutional investors, plus the founder and CEO himself. I can’t imagine how you’d be able to push them to do anything at all, even if you were a major shareholder yourself.
You are right. Just one more problem with a system owned by corporations, I guess.
It’s amazing how stupid these people are
How much longer will anyone believe the lie that success is earned and not luck
it is both: earned and luckedit: i should refrase that: i meant it is often both hard work and luckNepotism and malice, more likely
I already had a good few years academic and professional experience in both NLP and ML before ChatGPT came out, and since then I’ve been doing some consulting in gen AI.
I don’t feel safe posting or commenting anything about AI on LinkedIn because of the sheer strength of the cult of “if you criticise AI you’re a Luddite who doesn’t understand the modern world, and should be shunned professionally”. Pointing out that the Emperor has no clothes makes you unemployable in the eyes of at least half the hiring managers in my contacts.
LinkedIn is a cult.
Who cares about pissing off the most broken human beings on the planet, the suck-up sycophant class of petite bourgeoisie wannabes who are the most active LinkedIn users?
They’re some of the most contemptible people who exist.
Why would you read or write things on LinkedIn? Except the parody accounts it’s all crazy people grifting each other.
Oh no!!! The dumb business plan that has no proven way of working didn’t work!?
Yeah, they phrase it a bit differently. It was “premature”. 😅 Basically the same thing you said with some added innundo how they’re gonna try again…
It did work. They wanted to fire people and put the blame on AI so they can now hire other people cheaper. AI is only the excuse.
That would be a really good smokescreen but I kinda feel like they thought it might work they were so delusional.
I want to see the delusion in HN comments really. “actually, he just didnt prompt hard enough”
