However, standalone subscription software is now under severe pressure. Despite rapid product and feature launches, XaaS companies are struggling to sustain revenue growth. The rise of Generative AI (GenAI) is altering the economics of software, leading to a shift where AI is no longer a product but an embedded layer. This change is visible globally…
At one end, a few elite engineers with exceptional architectural and business-function skills will command fat pay-cheques to troubleshoot code generated by artificial intelligence (AI). On the other, leaner teams of low-level engineers who generate code using AI assistants will replace the vast teams once required to execute large-scale software projects. Also Read: The good…
Klarna CEO Sebastian Siemiatkowski, however, offers no such reassurance. His prognostications verge on the ruthless. Not only has he candidly enumerated the many human jobs already rendered obsolete at his company, he also foresees a near future where machines ascend to such unerring competence that they supplant most human labourâincluding his own. Also Read: Redundancy…
An artificial intelligence (AI) system designed to monitor workflows and detect inefficient parts has been attracting flak online. Developed by Optifye.Ai, a member of startup accelerator Y Combinatorâs current crop of Unicorn foals (as hoped), this software alerts managers to whatâs slowing operations down. To advertise it, Y Combinator put out a video clip that…
In my career, one of the most successful advertising campaigns I was part of was the âdishum dishumâ campaign for Pepsodent toothpaste. I remember the various stages of developing that campaign. For several years, the key thought that drove Pepsodentâs advertising campaigns was that they should always have some new news about the brand. So,…
Today anyone in the world with above-average computer skills can hope to deploy open-source AI models that are close to the state of the art. This means that the shift in value creation from AI development to diffusion will take place far earlier than anticipated. The winners in the age of AI will not only…
On one hand, there is optimism that AI will improve the world in ways that human intelligence has not been able to. On the other is the fear that we donât know how this artificial (or non-human) intelligence will change the world. Also Read: Jaspreet Bindra: The ethics of AI will matter more than the…
