RE: https://techhub.social/@Techmeme/116653554177369852

If anybody is wondering how this bubble hasn’t popped yet - I still run into companies with blockchain teams. Everybody pretended GameStop could buy eBay this month. Businesses are really good at huffing glue.

I still frequently run into orgs where they renew Darktrace, an AI sensor thing from a decade ago, each year at a cost of 6-7 figures and they can’t explain why.

Nexthink’s another common one. Co-op had several Nexthink analysts, with that in their job title. Nobody used it. They renewed it because it was easier than admitting they wasted the money. Microsoft had it too, every endpoint installed. Why? Who knows.

Who is going to admit they wasted money on GenAI?

@GossiTheDog I think the sheer amount of cost and disruption of genAI may be enough for people to actually admit things this time around
@joshin4colours @GossiTheDog the bigger the amount, the less enthusiastic are people about admitting their mistakes