All IT work to involve AI by 2030, says Gartner - ‘AI’s hidden costs mean Gartner believes 65 percent of CIOs aren’t breaking even on AI investments." And: “Plummer said Gartner doesn’t foresee an “AI jobs bloodbath” in IT or other industries for at least five years, adding that just one percent of job losses today are attributable to AI.’ // Still figuring out the ROI.
The Three Faces Of Generative AI - “People today use large language models for three central purposes: 1) Getting things done 2) Developing thoughts, and 3) Love and companionship."
What if the AI stockmarket blows up? - ‘By our reckoning, the total revenue from the tech accruing to the West’s leading AI firms is currently $50bn a year. Although such revenues are growing fast, they are still less than 2% of the $2.9trn investment in new data centres globally that Morgan Stanley, another bank, forecasts between 2025 and 2028—a figure which excludes energy costs. Meanwhile, the extent to which revenues will translate into profits is murky. A recent study by researchers at the Massachusetts Institute of Technology concludes that 95% of organisations are getting “zero return” from investments in generative AI.'
Training for Legacy - Press Pass
Advice on managing legacy applications emphasizes understanding their history, identifying stakeholders, and learning necessary technologies to enhance their integration with new products.
Highlights from VMware Explore
Summer. For most of my life I lived in Texas, where the heat of summer melts your face off. Summer was fun because I wasn’t in school, not because it was sunny. Now that I live in a part of the world where summer is mild, I really like summer. I see what all the fuss was about! So, too bad it’s mostly over now.
On this week’s Software Defined Talk episode we discuss the effectiveness of reorgs, Meta’s new AI team, and the Google antitrust ruling.
The Great Migration: Why Workloads Are Coming Home to Private Cloud - “55% of enterprises are already running GenAI in a private cloud – especially when it comes to use cases like inference, fine-tuning and RAG."
The End Of Business Apps As We Know Them Is Here - Kate Leggett has a go at defining the enterprise AI stack, bringing in the “fabric” notion.
Private AI powers Broadcom’s vision for VCF 9.0 - “We shared we have more than 80 customers now,” for AI stuff, I believe he’s saying. // And: “The key thing with VCF that I think kind of gets missed sometimes in the conversations is everybody is claiming they can do sovereign cloud, but the details matter here,” Wolf said. “The difference with VCF is we run a fully air-gapped environment. The organization owns the control plane. That is absolute control that you have. No matter what happens in the world, you have ownership of the software stack and your intellectual property."
With AI Boom, Dell’s Datacenter Biz Is Finally Bigger Than Its PC Biz - “Thanks to the GenAI boom, Dell’s Infrastructure Solutions Group, which sells servers, storage, switching, and services into the datacenter, is finally – and very likely permanently – larger than its PC business for the first time in its history. (We are not counting the time a decade and a half ago when Dell ate Perot Systems and was also eating software companies to try to create a clone of IBM, much as HPE did at the same time.)” // Weird parenthetical?