Jevons paradox - When you automate something very valuable (or just “costly”), people demand more, and more complex product. This pulls in more need for labor that can do the more complex work. Hopefully.
AI transforming banking, reports UBS executive - ”The Swiss bank has integrated AI into its services, launching a pilot last year for instant credit tailored to small and mid-size companies requiring liquidity. This service enables bypassing credit officers to expedite the process for this standardised product.”
The World Is Eating Software - The software bubble. Also commentary on power steering.
Accountability Sinks - ’“accountability sink”: a situation in which a human system delegates decision-making to a rule book rather than an identifiable individual. If something goes wrong, no one is held to account.’
That’s a good phrase to point out something people seem blind to. Humans set policies, humans can decide to un-set policies.
It’s a version of “it’s just business,” which people who have/use that sentiment forget is a catch-phrase for mafia movies when they kill people.
Japan’s digital minister claims victory against floppy disks - ”Japan’s digital minister, Taro Kono, confirmed that the Japanese government has finally rid itself of floppy disks.”
The Blue-State Wealth Exodus Continues - State income tax flight: “The IRS last week published its annual data on the migration of taxpayers and adjusted gross income (AGI) between states. California ranked, again, as the biggest income loser ($23.8 billion) in 2022, followed by New York ($14.2 billion), Illinois ($9.8 billion), New Jersey ($5.3 billion) and Massachusetts ($3.9 billion). The top gainers were Florida ($36 billion), Texas ($10.1 billion), South Carolina ($4.8 billion), Tennessee ($4.7 billion) and North Carolina ($4.6 billion).” // It’d be buck-wild if far right cultures in southern states changes because progressive people migrated due to taxes.
Frontline workers split on AI’s workplace impact - ”Nearly 3 in 5 workers using generative AI say the technology has saved them around 5 hours of work per week.”
How To Measure Platform Engineering - Suggested metrics: “Market share. Onboarding time. Net Promoter Score (NPS). Key customer metrics."
Accountability Sinks - ’“accountability sink”: a situation in which a human system delegates decision-making to a rule book rather than an identifiable individual. If something goes wrong, no one is held to account.’
That’s a good phrase to point out something people seem blind to. Humans set policies, humans can decide to un-set policies.
It’s a version of “it’s just business,” which people who have/use that sentiment forget is a catch-phrase for mafia movies when they kill people.
Join the public beta for GenAI on Tanzu Platform today! - Get your own private AI in a box sandbox going on.