Financial Analysts, Lawyers, and Consultants Can See Their Future

July 17, 2023

It is the middle of July 2023, and I think it is time for financial analysts, lawyers, and consultants to spruce up their résumés. Why would a dinobaby make such a suggestion to millions of the beloved Millennials, GenXers, the adorable GenY folk, and the vibrant GenZ lovers of TikTok, BMWs, and neutral colors?

I read three stories helpfully displayed by my trusty news reader. Let’s take a quick look at each and offer a handful of observations.

The first article is “This CEO Replaced 90% of Support Staff with an AI Chatbot.” The write up reports:

The chief executive of an Indian startup laid off 90% of his support staff after the firm built a chatbot powered by artificial intelligence that he says can handle customer queries much faster than his employees.

Yep, better, faster, and cheaper. Pick all three which is exactly what some senior managers will do. AI is now disrupting. But what about “higher skill” jobs than talking on the phone and looking up information for a clueless caller?

The second article is newsy or is it newsie? “Open AI and Associated Press Announce Partnership to Train AI on New Articles” reports:

[The deal] will see OpenAI licensing text content from the AP archives that will be used for training large language models (LLMs). In exchange, the AP will make  use of OpenAI’s expertise and technology — though the media company clearly emphasized in a release that it is not using generative AI to help write actual news stories.

Will these stories become the property of the AP? Does Elon Musk have confidence in himself?

7 14 sad female writer

Young professionals learning that they are able to find their future elsewhere. In the MidJourney confection is a lawyer, a screenwriter, and a consultant at a blue chip outfit selling MBAs at five times the cost of their final year at university.

I think that the move puts Google in a bit of a spot if it processes AP content and a legal eagle can find that content in a Bard output. More significantly, hasta la vista reporters. Now the elimination of hard working, professional journalists will not happen immediately. However, from my vantage point in rural Kentucky, I hear the train a-rollin’ down the tracks. Whooo Whooo.

The third item is “Producers Allegedly Sought Rights to Replicate Extras Using AI, Forever, for Just $200.” The write up reports:

Hollywood’s top labor union for media professionals has alleged that studios want to pay extras around $200 for the rights to use their likenesses in AI – forever – for just $200.

Will the unions representing these skilled professionals refuse to cooperate? Does Elon Musk like Grimes’s music?

A certain blue chip consulting firm has made noises about betting $2 billion on smart software and Microsoft consulting. Oh, oh. Junior MBAs, it may not be too late to get an associate of arts degree in modern poetry so you can work as a prompt engineer. As a famous podcasting person says, “What say you?”

Several questions:

  1. Will trusted, reliable, research supporting real news organizations embrace smart software and say farewell to expensive humanoids?
  2. Will those making videos use computer generated entities?
  3. Will blue chip consulting firms find a way to boost partners’ bonuses standing on the digital shoulders of good enough software?

I sure hope you answered “no” to each of these questions. I have a nice two cruzeiro collectable from Brazil, circa 1952 to sell you. Make me an offer. Collectible currency is an alternative to writing prompts or becoming a tour guide in Astana. Oh, that’s in Kazakhstan.

Smart software is a cost reducer because humanoids [a] require salaries and health care, [b] take vacations, [c] create security vulnerabilities or are security vulnerabilities, and [d] require more than high school science club management methods related to sensitive issues.

Money and good enough will bring changes in news, Hollywood, and professional services.

Stephen E Arnold, July 17, 2023

A Lesson in Negotiation: A Scholarly Analysis of the Musk-Zuck Interaction

July 10, 2023

Vea4_thumb_thumb_thumb_thumb_thumb_t[1]Note: This essay is the work of a real and still-alive dinobaby. No smart software involved, just a dumb humanoid.

Zuck Is a Cuck: Elon Musk Ramps Up His Attacks on Mark Zuckerberg With Shocking Tweet” provides an example of mature decision making, eloquent rhetoric, and the thrill of the high school insult. Maybe, it is a grade-school thrill, similar to someone pointing at overweight me with thick glasses and a book to read just for fun. I can hear the echoes of these memorable words, “Look at smarty pants. Yah yah yah.” I loved every minute of these insults.

7 10 teens fight

“What did you call me? You keep your mouth shut or my friends and I will post on both Threads and Twitter that you do drugs and steal to buy junk.” Yes, the intellectual discourse of those in the prime of adolescence. And what’s the rejoinder, “Yeah, well, I will post those pix you sent me and email them to your loser mom. What do you think about that, you, you [censored]?”

The cited article from Mediaite (which I don’t know how to pronounce) reports:

Threads drew tens of millions of users since its launch three days ago, so the competition between Musk and Zuckerberg is being waged on social, legal, and perhaps even physical fronts with talk of a cage match fight between the two. Despite the numerous setbacks Twitter has seen since Musk took it over, he has spent the weekend hyping up improvements to the platform while taking shots at Zuckerberg.

What business school teaching moment is this? [a] Civil discourse triumphs, [b] Friendly competition is a net positive, [c] Ad hominem arguments are an exceptional argumentative tool, [d] Emotional intelligence is a powerful opportunity magnet.

What? Why no [e] All of the above?

Note for those who don’t like my characterization of Silicon Valley luminaries’ manifestation of “the high school science club management method. Isn’t it time to accept HS-SC-MM as the one “true way” to riches, respect, and power?

Stephen E Arnold, July 10, 2023

Microsoft: A Faint Signal from Employees or Just Noise from Gousers?

June 29, 2023

Vea4_thumb_thumb_thumb_thumb_thumb_t[1]Note: This essay is the work of a real and still-alive dinobaby. No smart software involved, just a dumb humanoid.

I spotted this story in my newsfeed this morning: “Leaked Internal Microsoft Poll Shows Fewer Employees Have Confident in Leadership and Gave the Worst Score to a Question about Whether Working There Is a Good Deal.”

My yellow lights began to flash. I have no way of knowing if the data were compiled in a rigorous, Statistics 101 manner. I have no way of determining if the data were just made up the way a certain big wheel at Stanford University handled “real” data. I have no way of knowing if the  write up and the facts were a hallucination generated by a “good enough” Microsoft Edge smart output.

Nevertheless, I found the write up amusing.

Consider this passage:

The question about confidence in leaders got an average of 73% favorable responses across the company in this year’s poll compared to 78% in last year’s, according to results viewed by Insider.

I think that means the game play, the Solarwinds’ continuing siroc, and the craziness of moments (if this does not resonate, don’t ask).

Let’s assume that the data are faked or misstated. The question which arises is here in Harrod’s Creek, Kentucky, is: Why now?

Stephen E Arnold, June 29, 2023

High School Redux: Dust Up in the Science Club

June 22, 2023

Vea4_thumb_thumb_thumb_thumb_thumb_t[1]Note: This essay is the work of a real and still-alive dinobaby. No smart software involved, just a dumb humanoid.

One cannot make up certain scenarios. Let me illustrate.

Navigate to “Google Accuses Microsoft of Anticompetitive Cloud Practices in Complaint to FTC.” You will have to pony up to read the article. The main point is that the Google “filed a complaint to the U.S. Federal Trade Commission.” Why? Microsoft is acting in an unfair manner. Is the phrase “Holy cow” applicable. Two quasi or at least almost monopolies are at odds. Amazing.

6 22 high schoool fight

MidJourney’s wealth of originality produced this image of two adolescents threatening one another. Is the issue a significant other? A dented bicycle? A solution to a tough math problem like those explained by PreMath? Nope. The argument is about more weighty matters: Ego. Will one of these mature wizards call their mom? A more likely outcome is to let loose a flurry of really macho legal eagles and/or a pride of PR people.

But the next item is even more fascinating. Point your click monitoring, data sucking browser at “Send Me Location: Mark Zuckerberg Says He’s Down to Fight Elon Musk in a Cage Match.” Visualize if you will Elon Musk and Mark Zuckerberg entering the ring at a Streetbeefs’ venue. The referee is the ever-alert Anomaly. Scarface is in the ring just in case some real muscle is needed to separate the fighters.

Let’s step back: Google wants to be treated fairly because Microsoft is using its market power to make sure the Google is finding it difficult to expand its cloud business. What’s the fix? Google goes to court. Yeah, bold. What about lowering prices, improving service, and providing high value functionality? Nah, just go to court. Is this like two youngsters arguing in front of their lockers and one of them telling the principal that Mr. Softie is behaving badly.

And the Musk – Zuckerberg drama? An actual physical fight? No proxies. Just no-holds-barred fisticuffs? Apparently that’s the implication of the cited story. That social media territory is precious by golly.

Several observations:

  1. Life is surprising
  2. Alleged techno-giants are oblivious to the concept of pettiness
  3. Adolescent behavior, not sophisticated management methods, guide certain firms.

Okay, ChatGPT, beat these examples for hallucinatory content. Not even smart software can out-think how high school science club members process information and behave in front of those not in the group.

Stephen E Arnold, June 22, 2023

Facebook: Alleged Management Methods to Improve the Firm

June 20, 2023

Vea4_thumb_thumb_thumb_thumb_thumb_t[1]Note: This essay is the work of a real and still-alive dinobaby. No smart software involved, just a dumb humanoid.

I recall learning that some employees have been locked in their offices. The idea was that incarceration would improve productivity and reduce costs. Sounds like an adolescent or high school science club management method. I spotted a couple of other examples of 2023’s contributions to modern management principles. My sources, of course, are online, and I believe everything I read online. I try to emulate ChatGPT type systems because those constructs are just wonderful.

I have no idea if the information in these two articles I will cite is on the money. Just reading them made me giddy with new found knowledge. I did not think of implementing these management tactics when I worked in an old-fashioned, eat-your-meat raw company.

6 19 modern mgmt plan

MidJourney captures the essence of modern management brilliance. Like a chess master, the here-and-now move prepares for the brilliant win at the end of the game.

The first write up is “Silicon Valley’s Shocking Substance Abuse: Facebook Managers Turned Blind Eye If They Thought It Boosted Productivity, Insider Claims, As Killing of Cash App Founder Bob Lee Exposes Hardcore Drug-Taking.” The write up in the “real news” service says:

Facebook managers turned a blind eye to substance abuse if they felt it boosted productivity, an insider has claimed, as Bob Lee’s killing shines a light on hardcore drug culture in Silicon Valley. Dave Marlon, who founded one of the largest addiction recovery centers in the US and has worked with several Facebook employees, alleges that managers at the tech giant knew about workers taking drugs in the office but accepted it as part of the culture. He told DailyMail.com that what he would describe as ‘severe substance abuse’ was referred to in the industry as the ‘quirks of being a tech employee’.

Facebook? Interesting.

The second write up points out that the payoff for management is what I call RIF’ing or reduction in force methods. This is a variation of you don’t belong here or Let them go. The write up is titled “Meta Lost a Third of Its AI Researchers Over the Last Year. Now It’s Struggling to Keep Up” reports:

Zuckerberg dubbed 2023 the “year of efficiency” in a February earnings release. Meta laid off over 11,000 employees in November, and continued to shut down projects in the months that followed.

The efficiency tactic has worked. There are fewer people working on smart software. The downside? Nothing significant other than watching other companies zoom farther ahead on the Information Superhighway.

To recap: Facebook allegedly combined “looking the other way” with “efficiency.” Quite a management one-two. As a dinobaby, these innovative techniques are difficult for me to comprehend. I hope that neither write up captures the essence of the Facebook way. Well, sort of hope.

Stephen E Arnold, June 20, 2023

Digital Belly Cutting: Reddit and Twitter on the Path of Silicon Honor?

June 19, 2023

Vea4_thumb_thumb_thumb_thumb_thumb_t[1]Note: This essay is the work of a real and still-alive dinobaby. No smart software involved, just a dumb humanoid.

For some reason, I remember my freshman year in high school. My family had returned from Brazil, and the US secondary school adventure was new. The first class of the day in 1958 parked me in front of Miss Dalton, the English teacher. She explained that we had to use the library to write a short essay about foreign country. Brazil did not interest me, so with the wisdom of a freshman in high school, I chose Japan. My topic? Seppuku or hara-kiri. Yep, belly cutting.

The idea that caught my teen attention was the idea that a warrior who was shamed, a loser in battle, or fighter wanting to make a point would stab himself with his sword. (Females slit their throats.) The point of the exercise was to make clear, this warrior had moxie, commitment, and maybe a bit of psychological baggage. An inner wiring (maybe guilt) would motivate you to kill oneself in a hard-to-ignore way. Wild stuff for a 13 year old.

6 20 hara kiri with a laptop

A digital samurai preparing to commit hara-kiri with a brand new really sharp MacBook Air M2. Believe it or not, MidJourney objected to an instruction to depict a Japanese warrior committing seppuku with a laptop. Change the instruction and the system happily depicts a digital warrior initiating the Reddit- and Twitter-type processes. Thanks, MidJourney for the censorship.

I have watched a highly regarded innovator chop away at his innards with the management “enhancements” implemented at Twitter. I am not a Twitter user, but I think that an unarticulated motive is causing the service to be “improved.” “Twitter: Five Ways Elon Musk Has Changed the Platform for Users” summarizes a few of the most newsworthy modifications. For example, the rocket and EV wizard quickly reduced staff, modified access to third-party applications, and fooled around with check marks. The impact has been intriguing. Billions in value have been disappeared. Some who rose to fame by using Tweets as a personal promotional engine have amped up their efforts to be short text influencers. The overall effect has been to reduce scrutiny because the impactful wounds are messy. Once concerned regulators apparently have shifted their focus. Messy stuff.

Now a social media service called Reddit is taking some cues from the Musk Manual of Management. The gold standard in management excellence — that would be CNN, of course — documented some Reddit’s actions in “Reddit’s Fight with Its Most Powerful Users Enters New Phase As Blackout Continues.” The esteemed news service stated:

The company also appears to be laying the groundwork for ejecting forum moderators committed to continuing the protests, a move that could force open some communities that currently remain closed to the public. In response, some moderators have vowed to put pressure on Reddit’s advertisers and investors.

Without users and moderators will Reddit thrive? If the information in a recent Wired article is correct, the answer is, “Maybe not.” (See “The Reddit Blackout Is Breaking Reddit.”)

Why are two large US social media companies taking steps that will either impair their ability to perform technically and financially or worse, chopping away at themselves?

My thought is that the management of both firms know that regulators and stakeholders are closing in. Both companies want people who die for the firm. The companies are at war with idea, their users, and their supporters. But what’s the motivation?

Let’s do a thought experiment. Imagine that the senior managers at both companies know that they have lost the battle for the hearts and minds of regulators, some users, third-party developers, and those who would spend money to advertise. But like a person promoted to a senior position, the pressure of the promotion causes the individuals to doubt themselves. These people are the Peter Principle personified. Unconsciously they want to avail to avoid their inner demons and possibly some financial stakeholders.

The senior managers are taking what they perceive as a strong way out — digital hara-kiri. Of course, it is messy. But the pain, the ugliness, and the courage are notable. Those who are not caught in the sticky Web of social media ignore the horrors. For Silicon Valley “real” news professionals, many users dependent on the two platforms, and those who have surfed on the firms’ content have to watch.

Are the managers honorable? Do some respect their tough decisions? Are the senior managers’ inner demons and their sense of shame assuaged? I don’t know. But the action is messy on the path of honor via self-disembowelment.

For a different angle on what’s happened at Facebook and Google, take a look at “The Rot Economy.”

Stephen E Arnold, June 19, 2023

The Value of AI and the De-Valuing of Humanoids: Long Lines for Food Stamps Ahead?

June 16, 2023

Vea4_thumb_thumb_thumb_thumb_thumb_t[1]_thumbNote: This essay is the work of a real and still-alive dinobaby. No smart software involved, just a dumb humanoid.

AI, AI, AI-Yai-Ai. That could be a country western lyric. Maybe it is? I am not a fan of Grand Old Opry-type entertainment. I do enjoy what I call “Dark AI humor.” If the flow of amusing crAIziness continues, could it become a staple of comedy shows on Tubi or Pluto?

How many people live (theoretically) in the United States? The answer, according to an unimpeachable source, is 336,713,783. I love the precision of smart search software.

Consider the factoid in “300 Million Jobs Will Be Replaced, Diminished by Artificial Intelligence, Report Warns.” If we assume the population of the US is 337 million (sorry You.com), this works out to a trivial 37 million people who will have been promoted by smart software to the “Get Paycheck” social class. I may be overstating the “Paycheck Class,” but this is AI land, so numbers are fuzzified because you know… probability.

The write up points out:

Using data on occupational tasks in both the US and Europe, we find that roughly two-thirds of current jobs are exposed to some degree of AI automation, and that generative AI could substitute up to one-fourth of current work.

Disruption rocks on.

Now consider the information in “People Who Work with AI Are More Likely to Be Lonely, Suffer from Insomnia and Booze after Work, Study Finds.” The write up asserts:

Analysis revealed employees who interacted more frequently with AI systems were more likely to experience loneliness, insomnia and increased after-work alcohol consumption. But they also found these employees were more likely to offer to help their coworkers – a response that may be triggered by the need for social contact, the team said. Other experiments in the US, Indonesia and Malaysia, involving property management companies and a tech company, yielded similar results.

Let’s assume both articles contain actual factual information. Imagine managing a group of individuals in the top tier. Now think about those who are in the lower tier. Any fancy management ideas? I have none.

Exciting for sure.

Stephen E Arnold, June 16, 2023

India and Its Management Secrets: Under Utilized Staff Motivation Technique

June 6, 2023

Vea4_thumb_thumb_thumb_thumb_thumb_t[1]Note: This essay is the work of a real and still-alive dinobaby. No smart software involved, just a dumb humanoid.

I am not sure if the information in the article is accurate, but it sure is entertaining. If true, I think I have identified one of those management secrets which makes wizards from India such outstanding managers. Navigate to “Company Blocks Employees from Leaving Office:  Now, a Clarification.” The write up states:

Coding Ninjas, a Gurugram-based edtech institute, has issued clarification on a recent incident that saw its employees being ‘locked’ inside the office so that they cannot exit ‘without permission.’

And what was the clarification? Let me guess. Heck, no. Just a misunderstanding. The write up explains:

… the company [Coding Ninjas, remember?], while acknowledging the incident, attributed it to a ‘regrettable’ action by an employee. The ‘action,’ noted, was ‘immediately rectified within minutes,’ and the individual in question acknowledged his ‘mistake’ and apologized for it. Further saying that the founders had expressed their ‘regret’ and apologized to the staff, Coding Ninjas described this as an ‘isolated’ incident. Coding Ninjas’ senior executive gets gate locked to stop employees from leaving office; company says action ‘regrettable…’

For another take on this interesting management approach to ensuring productivity, check out “Coding Ninjas’ Senior Executive Gets Gate Locked to Stop Employees from Leaving Office; Company Says Action ‘Regrettable’.

What if you were to look for a link to this story on Reddit? I located a page which showed a door being locked. Exciting footage was available at this link on June 6, 2023 at this link. (If the information has been deleted, you have learned something about Reddit.com in my opinion.)

My interpretation of this enjoyable incident (if indeed true) is:

  1. Something to keep in mind when accepting a job in Mumbai or similar technology hot spot
  2. Why graduates of the Indian Institutes of Technology are in such demand; those folks are indeed practical and focused on maximizing employee productivity as measured in minutes in a facility
  3. A solution to employees who want to work from home. When an employee wants a paycheck, make them come to the office and lock the employees in. Works well and the effectiveness is evident in prisons and re-education facilities in a number of countries.

And regrettable? Yes, in terms of PR. No, in terms of getting snagged in what may be fake news. Is this a precept of the high school science club management method. Yep. Yep.

Stephen E Arnold, June 6, 2023

IBM Dino Baby Unhappy about Being Outed as Dinobaby in the Baby Wizards Sandbox

June 5, 2023

Vea4_thumb_thumb_thumb_thumb_thumb_t[1]Note: This essay is the work of a real and still-alive dinobaby. No smart software involved, just a dumb humanoid.

I learned the term “dinobaby” reading blog posts about IBM workers who alleged Big Blue wanted younger workers. After thinking about the term, I embraced it. This blog post features an animated GIF of me dancing in my home office. I try to avoid the following: [a] Millennials, GenX, GenZ, and GenY super wizards; [b] former IBM workers who grouse about growing old and not liking a world without CICS; and [c] individuals with advanced degrees who want to talk with me about “smart software.” I have to admit that I have not been particularly successful in this effort in 2023: Conferences, Zooms, face-to-face meetings, lunches, yada yada. Either I am the most magnetic dinobaby in Harrod’s Creek, or these jejune world changers are clueless. (Maybe I should live in a cave on a mountain and accept acolytes?)

I read “Laid-Off 60-Year-Old Kyndryl Exec Says He Was Told IT Giant Wanted New Blood.” The write up includes a number of interesting statements. Here’s one:

BM has been sued numerous times for age discrimination since 2018 when it was reported that company leadership carried out a plan to de-age its workforce – charges IBM has consistently denied, despite US Equal Employment Opportunity Commission (EEOC) findings to the contrary and confidential settlements.

Would IBM deny allegations of age discrimination? There are so many ways to terminate employees today. Why use the “you are old, so you are RIF’ed” ploy? In my opinion, it is an example of the lack of management finesse evident in many once high-flying companies today. I term the methods apparently in use at outfits like Twitter, Google, Facebook, and others as “high school science club management methods” or H2S2M2. The acronym has not caught one, but I assume that someone with a subscription to ChatGPT will use AI to write a book on the subject soon.

The write up also includes this statement:

Liss-Riordan [an attorney representing the dinobaby] said she has also been told that an algorithm was used to identify those who would lose their jobs, but had no further details to provide with regard to that allegation.

Several observations are warranted:

  1. Discrimination is nothing new. Oldsters will be nuked. No question about it. Why? Old people like me (I am 78) make younger folks nervous because we belong in warehouses for the soon dead, not giving lectures to the leaders of today and tomorrow.
  2. Younger folks do not know what they do not know. Consequently, opportunities exist to [a] make fun of young wizards as I do in this blog Monday through Friday since 2008 and [b] charge these “masters of the universe” money to talk about that which is part of their great unknowing. Billing is rejuvenating.
  3. No one cares. One can sue. One can rage. One can find solace in chemicals, fast cars, or climbing a mountain. But it is important to keep one thing in mind: No one cares.

Net net: Does IBM practice dark arts to rid the firm of those who slow down Zoom meetings, raise questions to which no one knows answers, and burdens on benefits plans? My hunch is that IBM type outfits will do what’s necessary to keep the camp ground free of old timers. Who wouldn’t?

Stephen E Arnold, June 5, 2023

The Ebb and More Ebby of Technology Full Time Jobs

May 19, 2023

Vea4_thumb_thumb_thumb_thumb_thumb_tNote: This essay is the work of a real and still-alive dinobaby. No smart software involved, just a dumb humanoid.

Do recent layoffs herald a sea change for the tech field? The Pragmatic Engineer and blogger Gergely Orosz examines “What Big Tech Layoffs Suggest for the Industry.” Probably not much, we think. Gergely penned his reflections just after Microsoft axed 10,000 jobs in January. Soon after Google followed suit, cutting 12,000 positions. Gergely appended a note stating those cuts strengthen his case that layoffs are significant. He writes:

“The layoffs at Microsoft suggest that in 2023, the tech industry may stall growth-wise. By cutting 5% of staff, Microsoft reduces its headcount from 221,000 to around 211,000. We can expect that by the middle of this year, the company’s headcount will increase, but only modestly, and still be below the 221,000 figure it was at last July. … Microsoft’s layoffs worry me precisely because the company has a very good track record of predicting how the business will grow or shrink.”

Okay, so Microsoft and other “nimble” tech companies are responding to market forces. That is what businesses do. Gergely himself notes:

“It’s certain we’ll see a correction of 2021-22’s hiring frenzy and it’s a given that Big Tech will hire much less this year than in 2022, while the question remains whether other large tech companies will follow suit and announce layoffs in the coming months.”

Well, yes, they did. Nevertheless tech workers, especially developers, remain in high demand compared to other fields. And when the proverbial stars align, hiring is sure to surge again as it did a couple years ago. Until the next correction. And so on.

Cynthia Murrell, May 19, 2023

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