425 karma · joined November 6, 2014
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|__|/ \__\/ \__\/ \__\/ \__\/[1] https://app.hyperliquid.xyz/trade/vntl:OPENAI
[2] https://polymarket.com/event/openai-ipo-closing-market-cap-a...
Unlike a partnerships model, Accenture taps the public markets for financing to do M&A and pays its star salespeople with stock. Declining revenue growth rerates the stock price lower, which then makes the market more competitive (can’t buyout others) and acts as a disincentive to the salespeople, which then lowers the stock price further. This alone may be survivable, but at the same time, the company has more than half a million staff (!) employed in India/Philippines/etc at exactly the time when the market wants SOTA-level AI work instead of legacy ‘managed services’, and the federal government is cutting many $B of ACN contracts
Tl;dr: these guys aren’t getting IBM’d, they’re getting Xerox’d
I will end with this thought: If we can get to a new local equilibrium where global transaction costs are 10x lower and >30% of global GDP can get paid faster / with better price signals / etc., shouldn't we try even if the tech is non-optimal?
Identifying AI-generated comments often involves spotting patterns in tone, structure, and content. Here are the most common indicators: [1] Overly polished or formulaic structure, [2] Repetition or redundancy, [3] Unnatural verbosity or vagueness, [4] Subtle logical gaps (e.g., "LLMs are radically reshaping the modern web")
Supply chains are one heck of an attack surface...
> Quantum computing is poised to be the next major innovation, but five of the top ten tech companies globally in terms of quantum investment are based in the US and four in China. None are based in the EU.
* milk the wellness benefits as much as possible - including any therapy cover
* look at leave of absence / sick leave (larger corps are better able to accommodate)
* transfer to a better team
* adjust your hours downwards either explicitly or tacitly
Megacorps aren't great at the whole empowerment and outcome control thing, but you can at least use the benefits to recover and then maybe move to something more meaningful
[1] Mullvad owns 159 servers in 9 countries (https://mullvad.net/en/servers/), so not quite sure why you wouldn't just choose to use one of those instead if concerned about this