Ted #Chiang wrote”: if you want something done but don’t want to get your hands dirty, #McKinsey will do it for you. That escape from accountability is one of the most valuable services that management consultancies provide. […] By hiring consultants, management can say that they were just following independent, expert advice. Even in its current rudimentary form, #AI has become a way for a company to evade responsibility by saying that it’s just doing what “the algorithm” says.”

#capitalism 🧶


Ted Chiang also wrote:
"Whenever anyone accuses anyone else of being a Luddite, it’s worth asking, […] is the person making the accusation actually in favor of improving people’s lives? Or are they just trying to increase the private accumulation of capital?"

https://www.newyorker.com/science/annals-of-artificial-intelligence/will-ai-become-the-new-mckinsey

#progress #capitalism #governance #economy #AITech #ethicalAI #aiEthics #generativeAI #AI #TedChiang #accountability #McKinsey #techv #Cloud

Will A.I. Become the New McKinsey?

Ted Chiang on how artificial intelligence may strengthen capitalism by promising to concentrate wealth and disempower workers, and on possible alternatives.

The New Yorker

"#Microsoft expanded its partnership with Schlumberger, an oil-technology company, to develop and launch an AI-enhanced service on Microsoft’s Azure platform. Azure provides cloud computing to a variety of organizations, but this product was tailor-made for the oil and gas industries, to assist in the production of fossil fuels, among other uses."

Karen Hao: https://www.theatlantic.com/technology/archive/2024/09/microsoft-ai-oil-contracts/679804/?gift=lhL3dXSYCcu9vqTqEbg0OHfJiu_TRdq079IHN4QaSAE poke @stefan

#progress #capitalism #oilAndGas #economy #AITech #generativeAI #AI #drilling #Azure #tech #Cloud

Microsoft’s Hypocrisy on AI

Can artificial intelligence really enrich fossil-fuel companies and fight climate change at the same time? The tech giant says yes.

The Atlantic

Software As A Service 'is one of the most dominant business models in tech, because it fits both the customer profile of "not wanting to run a bunch of infrastructure" and the tech industry’s love of trapping people in distinct ecosystems. […] The inevitable sprawl of letting SaaS into your organization means that you’re stuck with them.'

Why you suffer from your business #software: https://www.wheresyoured.at/saaspocalypse-now/

#bubble #saas #BigTech #Cloud #AWS #strategy #AI #Microsoft #AIBubble #chatBots #compute

The Other Bubble

Buried in the 8000 words I wrote last week was a worrying story — that Microsoft considered drastic measures to free up  capacity in its US-based servers for GPUs to power the AI boom. In an email shared with me by a source from earlier this year, Microsoft's senior leadership team

Ed Zitron's Where's Your Ed At

Alexandre Roure of the Computer & Communications Industry Association, whose members include many Big Tech groups, says the debate about blunt market access restrictions for non-EU tech companies “only distracts policymakers from the real task: finally delivering a functioning digital single market with clear, simple and practical rules”.

In private conversations, several Big Tech lobbyists and executives also express confidence in their ability to continue dominating the European market given the paucity of homegrown alternatives and the lack of urgency among many consumers.

by Barbara Moens for FT: https://archive.is/20250725082920/https://www.ft.com/content/5e25c397-61d1-4b48-b5c5-65561a4c9df2 via @Ruth_Mottram 🧵

#techSovereignty #digitalSovereignty #decoupling #EuropeAlternatives #nonUS #EuropeanAlternatives #OVH #Europe #EU #privacy #dataProtection #OVHCloud #CloudComputing #BuyEuropean #EuroStack #compute #bigTech #GAFAM #Cloud #FT

"A huge amount of the economy is driven by people who are, simply put, highly suggestible. That is to say that it is very, very easy to get them excited and willing to spend money."

Read more by Nikhil Suresh @ludicity: https://ludic.mataroa.blog/blog/brainwash-an-executive-today/

#executives #saas #scams #leads #AIBubble #impression #marketing #consulting #pitching #decisionMakers #deciding #leaders #bias #leadership #power #decisionMaking #dominance #psychopaths #buying #money #Microsoft #agenticAI

Brainwash An Executive Today! — Ludicity