Posts in "links"

Amazon’s CEO says their AI tool has saved them a crazy amount of time - This oddly specific, and a big deal if applicable to other organizations. // ‘The average time to upgrade an application to Java 17 plummeted from what’s typically 50 developer-days to just a few hours," he wrote. “We estimate this has saved us the equivalent of 4,500 developer-years of work (yes, that number is crazy but, real).” The AI is not only fast but seems pretty accurate, too, according to his post. Amazon developers shipped 79% of the AI-generated code reviews without any additional changes, Jassy wrote.'

C-suite enthusiasm over generative AI wanes, putting pressure on quick wins - “Interest in the [AI] technology fell 11 percentage points among senior executives and eight percentage points among board of directors, respectively, since Deloitte’s Q1 2024 survey.” // I think the people most enthusiastic about enterprise AI haven’t actually used even enough consumer AI to get a grasp on how little AI can actually do. And, as with new tech (like cloud computing in the early 2010’s), they underestimate how expensive it is to use, and how difficult it is the change how their organization functions. // Also, there’s a bit danger that the AI-driven company valuations jumps too quickly drop due to lowered expectations.

IDC’s Worldwide AI and Generative AI Spending – Industry Outlook - “IDC has recently unveiled the latest release of its Worldwide AI and Generative AI Spending Guide, 2024 V2. Presently, the global Artificial Intelligence market stands at nearly $235 billion, with projections indicating a rise to over $631 billion by 2028.” // Something is weird with this estimate. There’s no way companies found an extra $235 billion to spent on new IT projects. And if they’re reallocating that money from other IT projects, like, your grocery buying app is going to stop working because there’s no budget for the computer needed to run it.

Private Cloud - What’s in a Name? - “Forrester’s “Private Cloud Market Insights, 2023” reporting that 79% of surveyed cloud decision makers are implementing internal private clouds” (Source: ​​"Private Cloud Market Insights, 2023," Forrester).

AI may be distracting organizations from other IT priorities - Well, things are getting better, but enterprise AI is a distraction from keeping the lights on. // “IBM reports that fewer than half of the respondents believe their IT organization is effective in delivering basic services, compared to 69 percent from a survey in 2013. Among chief execs, that figure is 36 percent today, down from 64 percent previously, while for chief financial officers, the figures are 50 percent now, down from 60 percent before…. What might be causing this? The Armonk-based biz says that 43 percent of surveyed tech CxOs indicated that concerns about their IT infrastructure have increased over the past six months due to the focus on optimizing their infrastructure for generative AI."