Technology

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[–] M0oP0o@mander.xyz 51 points 10 months ago (8 children)

Funny thing is that is not likely. The shareholders of microsoft (and most blue chip companies) have not really asked for anything other then endless profits lately. This endless drive into shit seems to be almost entirely driven by weird sales pitches and executives chasing a sunk cost.

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[–] nuko147@lemmy.world 10 points 10 months ago

The general idea is that whoever left behind in AI tech will vanish or lose power the next decade. Like Yahoo and other companies during the 2010+. So Google, Meta, Amazon and Microsoft compete now and they don't care about users. Their focus is enterprise market and the future domination.

Shareholders of Microsoft push AI.

Competitor Shareholders push AI.

Shareholders of hardware push AI.

Enterprise pushes AI.

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[–] frongt@lemmy.zip 3 points 10 months ago (2 children)

"Innovation" is part of profit.

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[–] M0oP0o@mander.xyz 4 points 10 months ago (1 child)

Ha, like 5% of the time. Most of the time its cluster fuck after cluster fuck and visits from the good idea fairies.

Not saying there should not be innovation, but innovation for nothing but to be able to say you are doing innovation is a cancer.

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[–] frongt@lemmy.zip 5 points 10 months ago

Yes, that's why I wrote "innovation" and not innovation. I'm not sure if there's something that better communicates the Dr. Evil air quotes.

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[–] willington@lemmy.dbzer0.com 0 points 10 months ago* (3 children)

That's just a longer way to say, yes, the shareholders asked for it.

Just because they didn't ask it in letter form or explicitely that doesn't mean much.

Look, if M$ does this 'agentic' move and its shares drop 20% overnight, then, and only THEN, you'd be right to say the shareholders did not ask for it.

Are shareholders punishing or rewarding these moves?

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[–] M0oP0o@mander.xyz 0 points 10 months ago (2 children)

No, no they did not. They just said nothing, and execs took that to mean what ever they want. As is tradition.

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[–] willington@lemmy.dbzer0.com 0 points 10 months ago (1 child)

You didn't read my message.

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[–] M0oP0o@mander.xyz 0 points 10 months ago

I did, and just think its bullshit. Investors have to invest, where would they put it if not in "safe" companies like microsoft?

Its total shit talk to put words and intent into a group of people and funds. They don't care, they just have money to park and Microsoft is seen as a safe place with a good return. There has been too much invested in this shit for them to change course, but also no alternative to invest in.