Comment AI is the cover story (Score 1) 25
The financial community and financial analysts need to start asking how come corporate top line revenue, excluding the largest 10 companies, has been declining or flat adjusted for inflation for the last 10 years.
AI is the cover story for many companies which are restructuring due to demographic shifts, a decade of cost cutting as a business plan, focusing on things which increase executive compensation instead of new product development and letting C level executives age in place via stagnation and keeping the status quo going until they exit the labor force.
The unexpected bit of AI hype is that the overall job losses worldwide in the entry level and lower tier IT jobs has resulted in far less immigration for employment.