1,050 karma · joined December 29, 2014
"In the early 1980s AT&T asked McKinsey to estimate how many cellular phones would be in use in the world at the turn of the century. The consultancy noted all the problems with the new devices—the handsets were absurdly heavy, the batteries kept running out, the coverage was patchy and the cost per minute was exorbitant—and concluded that the total market would be about 900,000. At the time this persuaded AT&T to pull out of the market, although it changed its mind later. "
Last startup where I was working, I knew that the company was toast when the CEO was bragging in a company-wide call about how he designed the background mural for the new office entrance.
It is dotcom bust again. Mainstream is losing interest but at the same time I see our internal chatbots / ai agents doing hockey stick growth and I am using several hours code pilot daily.