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Why software stocks are getting pummelled

⁨47⁩ ⁨likes⁩

Submitted ⁨⁨1⁩ ⁨day⁩ ago⁩ by ⁨Beep@lemmus.org⁩ to ⁨technology@lemmy.world⁩

https://archive.ph/37Hwn

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  • Pudutr0n@lemmy.world ⁨1⁩ ⁨day⁩ ago

    thank you for not linking these guys directly and bypassing the paywall. <3

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    • Beep@lemmus.org ⁨1⁩ ⁨day⁩ ago

      🌹🌹🌹

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  • sylver_dragon@lemmy.world ⁨1⁩ ⁨day⁩ ago

    That of ServiceNow, whose tools help businesses automate various tasks, dropped by 13%

    If AI can kill ServiceNow, I’ll happily praise our new AI Overlords. I’m sure ServiceNow can be really good. I’ve just never seen it in practice. Perhaps we just never paid for the “interface which doesn’t suck” module.

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    • gravitas_deficiency@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

      Sorry, best I can do is make it take 45s to load the fucking landing page, and make search so baroque that it pisses off seasoned DBAs

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  • pgo_lemmy@feddit.it ⁨1⁩ ⁨day⁩ ago

    Maybe there is some relation with orange man erratic behaviour, canadian pm speech in davos, europe considering to abandon usa cloud and other countries that may follow suit?

    Just sayin’…

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  • CombatWombatEsq@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Of course, ai will continue to improve. But it is also likely to get more expensive. At present Silicon Valley heavily subsidises its price. That cannot last for ever. Openaiexpects to burn $17bn in cash this year.

    These kids should have paid better attention in D.A.R.E. The drug dealers always give you the first hit for free. (Drug dealers actually don’t give you the first hit for free, that was a person called a “pusher” and they don’t exist anymore and maybe never did but that isn’t material to my joke).

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