Comment Re:AI Hype needs money (Score 1) 104
The only question here is: What are they selling? Increased stock value?
From what I have observed in recent years, C-level people believe that their company will profit greatly from using LLM-based services that they pay other companies for. And when their stock value drops, they find out too late that any potential upside of their use of such services would also apply to any competitor, to the point where mundane SaaS-services can be vibe-coded by anyone, accepting the same lower quality standards they introduced by using LLM-generated code.
But to the question what are they selling: C-level people are selling themselves, as in "Look how modern we are!", as a sales pitch to the next board of directors, while not understanding the real consequences of what they were doing.