this post was submitted on 06 May 2024
83 points (100.0% liked)

technology

23295 readers
134 users here now

On the road to fully automated luxury gay space communism.

Spreading Linux propaganda since 2020

Rules:

founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] aaro@hexbear.net 17 points 6 months ago* (last edited 6 months ago) (1 children)

fwiw telecoms (or i guess its direct predecessor in many cases?) is so ubiquitous that it's virtually an appliance. It's unlikely that you even know anyone who doesn't use telecommunications at least five times a day. probably a hot take but: AI sucks, but so did the steam engine three years after it's debut. It was a gimmick that broke all the time and, even when it was working in full, could barely be finagled into doing a very small array of specific tasks. And then it got better. Check back on AI in ten years.

The reason for this bubble-looking graph is that all of the capitalization of low-hanging fruit gets completed and then the company has to start operating with slimmer margins. Cisco has almost a hundred thousand employees and 57 billion dollars of revenue, they just aren't growing quite as fast any more.