Cisco to lay off more than 4k employees to focus on artificial intelligence

Instead of gnashing our teeth at the stupidity of these companies, maybe we could build competition that takes advantage of their competitive disadvantages, now that they have become inordinately obsessed with AI?

This is a wonderful, once-in-a-lifetime opportunity: a shiny has obsessed all of these big companies such that they can’t think straight. Their obsession with profits at any cost has made them chase a (mostly) mirage, long before it has become stable or useful enough to actually justify eliminating so much of their workforce.

For those laid-off people with deep industry experience, it would not take much to put together a worker’s collective that could pick up the advantages that these established players drop on the floor thanks to their obsession with AI. And more importantly: as a worker’s collective, they wouldn’t be beholden to parasite-class “investors” that could force them down that same AI path in a vampire-squid obsession for profit at any cost.

Not that such a new entrant couldn’t make use of AI, but they could certainly use it from a more pragmatic standpoint, utilizing only known, well-proven attributes. As in, let these established companies stumble into the AI wilderness and carefully observe their progress. Let them waste billions figuring out what works and what doesn’t, and carefully follow in their shadow until they have done most to all of the heavy lifting.

Sure, the early bird gets the worm, but it is the second mouse that gets the cheese. Being a “first mover” is not always a winning strategy.

Expected news shared alot here last week...are we really looking to the NY Post for tech business news?

Cisco's AI push in focus as shares fall on tepid networking gear demand

https://www.reuters.com/technology/cisco-falls-tepid-network...

Cisco focusing on AI might as well be Nespresso focusing on AI. They are organizationally, culturally, technically, woefully unprepared to execute on this.