I think we are going to see a growing trend of communications opposite of what we've seen in the last 4 years; no more AI doomerism to avoid datacenter bans. Surly everyone is Dario's circle is telling him to keep his mouth shut.
The reality is, hiring severely overshot in 2021-22 with a degradation in quality. And 2-3 years of remote first showed that you can offshore with little-to-no operational impact.
Dario's messaging made sense as the underdog - which Anthropic was until a year ago. Their moat used to be FedRAMP until Emil Michael called their bluff.
What firms are going to do now is probe deeper and disinvest in crappy projects that - many that most likely generated negative returns upon closer inspection.
We've been doing this since 2022. Most layoffs overlap with Sales, Engineering, and Ops associated with cost centers.
Like, there was no reason Uber had 3 internally competing and built chat apps with dozens of engineers allocated as headcount.
> much of the cash flows are coming from investments made yonks ago
Not necessarily, but you can't train an old dog to do new tricks.
Yes they are.
The marginal ROIC for tech firms that are in mature growth is shit. Made shitter by continuing to field many people for no good reason.
And marginal ROIC is just one metric amongst multiple to benchmark against.
Also, if you had the Benoit [0] you should use your normal HN account instead of a throwaway created for this topic.