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

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[–] 107 points 10 months ago* (last edited 10 months ago) (2 children)

“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.

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  • [–] 4 points 10 months ago

    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.

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