Tag: finance

  • Elusive Enterprise AI ROI: No scaling, it’s not legible, lack of skills/need for training

    Despite everything, reports are still that enterprise AI ROI is elusive. At the same time, for enterprise buyers, the bill is finally coming due for the past year of AI amazement. It’s not cheap. What’s up with this elusive enterprise AI? Gartner has some survey-driven theories for finance departments. One theory is that there actually…

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  • AI use isn’t about firing people, it’s about making the people you already have more productive. You have to change your corporate system/culture to adapt to that: However, when finance leaders seek to identify where this return appears in terms of headcount shifts or cycle-time compression, the answers are less clear. These gains remain trapped…

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  • Enterprise ROI is elusive – maybe ROI is just headcount chopping, not revenue growth and “transformation”

    Enterprise ROI is elusive – maybe ROI is just headcount chopping, not revenue growth and “transformation”

    From “that meeting could have been an email” to “that meeting could have been a ChatGPT session.” Recent Forrester survey summary: AI is still stuck in “efficiency mode.” In many organizations, a technology organization leads AI efforts and is treated as a cost center. Those CIOs are incentivized to optimize for efficiency, not growth. The…

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  • Spending less money on IT is always the priority, and how to get around it

    Spending less money on IT is always the priority, and how to get around it

    The survey of more than 200 CFOs, taken during August 2025, showed that 56% of CFOs rank achieving enterprise-wide cost optimization targets in their top five. Gartner CFO survey. The easiest way to show the value of IT is to show how it means spending less money. There’s occasional moments where “ROI” is achieved by…

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  • AI uses in finance, survey

    Three use cases stood out as they have been adopted by more than a third of respondents that had implemented AI in their function. Knowledge management – helping organizations organize, retrieve, and leverage information for better decision-making – is the most common AI use case (49%) in finance organizations, followed by accounts payable process automation…

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  • Google Cloud’s EU sovereign stuff, for AI

    Digital sovereignty is not a future trend — it’s happening now. Whether you’re in defense, finance, healthcare, or the public sector, the time to act is today. Start by assessing your tech stack, exploring sovereign cloud options, and preparing for sovereign AI-driven transformation. Don’t wait for regulations to force your hand—embrace sovereignty as a competitive…

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  • Angel flying too close to the 10-Q.

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  • 🤖 San Francisco’s AI Gold Rush: High-Agency Hustlers vs. NPCs in the Great Lock-In

    This is a summary from ChatGPT. Source summarized: are you high-agency or an NPC? San Francisco is in the throes of an AI-fueled renaissance, buzzing with wealth, 22-year-old techno-prophets, and absurd $100M salaries, even as anxiety simmers beneath the surface. In a city caught between triumph and precarity, the culture has splintered into “high-agency” hustlers…

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  • The Cost Reality Check: Eliminating Public Cloud Waste Through Strategic Planning – “49% of organizations estimate that over 25% of their public cloud spend is wasted. 31% believe the waste exceeds 50%. That’s a level of inefficiency that few leaders can tolerate.”

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  • Patience, plumbing, and the pricing of everything

    Patience, plumbing, and the pricing of everything

    Relative to your interests When was peak message in a bottle? – Only 80s kids will get this: “grandfather clocks; suits of armour; quicksand; spontaneous human combustion.” Also: big foot and UFOs. Is it Euro-poor, or Ameri-poor? – Checks out on both sides. Pricing: A List of Tactics – Some mind-tricks to play with pricing.…

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  • Anthropic closes $2.5 billion credit facility – “Annualized revenue reached $2 billion in the first quarter, the company confirmed, more than doubling from a $1 billion rate in the prior period. Revenue chief Kate Jensen said in a recent interview with CNBC that the number of customers spending more than $100,000 annually with Anthropic jumped…

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  • Clouded Judgement 1.30.25 – The Year of AI Applications – Finance-nerd explanation of the “this is actually great!” case for last week: “What’s happened over the last 12 months is the cost per API call (ie the cost for inference) for these models has plummeted. Open source models like Llama, R1 from DeepSeek, etc have…

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  • The Top 1 Percent Paid a Lot of Taxes in 2021 – Economist Writing Every Day – ”In 2021 the top 1 percent of taxpayers in the United States paid 36 percent of all federal taxes (they have 21.1 percent of income). This figure had been below 20 percent until the mid-1990s, and as recently…

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  • Business leaders are losing faith in IT, according to this IBM study. Here’s why – “Fewer than half (47%) of business leaders surveyed think their IT organization is “effective in basic services,” down from 69% surveyed in 2013, the survey shows. Only 36% of CEOs in the survey see IT as effective, down from 64%…

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  • Gartner Survey Shows 66% of Finance Leaders Think Generative AI Will Have Most Immediate Impact on Explaining Forecast and Budget Variances – What’s also remarkable is how low they rate other use cases. I’m a bit confounded about reports that consulting firms are getting billions in sales in AI stuff.

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  • 9 Questions to Help You Figure Out Why You’re Burned Out – This is concise and good. Yes, and: what to do? How do you determine when you are “too good” of a worker, sacrificing yourself for the good of the company without proper compensation? “Too good” here means that you yield a high profit…

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  • The S&P 500 is largely a historical artifact – Index funds.

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  • 202306 – apenwarr – ’If you take a single pull request (PR) that adds a new feature, and launch it without tests or documentation, you will definitely get the benefits of that PR sooner. Every PR you try to write after that, before adding the tests and docs (ie. repaying the debt) will be slower…

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  • In the face of volatility, CFOs—and their organizations—adapt – Belt-tightening watch. Lots of micromanagement and management by finance metrics ahead: “In the year ahead, CFOs plan to increase their focus on operational value drivers, management of KPIs, cash management, and capital structure. Other priorities have decreased in importance since Q3 2022.”

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  • Summarizing Articles with ChatGPT Works Again

    Summarizing Articles with ChatGPT Works Again

    Our final talk in our software stuff for financial organizations is coming up tomorrow. Above is a little anecdote that Darran made to me as we were working on it. If you’re into security, compliance, that kind of thing, check out the third part of our series: “How Cloud Native Improves & Ensures Security, Governance,…

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