alt Hacker NewsIt's not just AI mania, it's been this way for over a decade.
When I first started consulting, organizations were afraid enough of lack of ROI in tech implementations that projects needed an economic justification in order to be approved.
Starting with cloud, leadership seemed so become rare, and everything was "us too!".
After cloud it was data/data visualization, then it was over-hiring during Covid, the it was RTO, and now it's AI.
I wonder if we will ever return to rationalization? The bellwether might be Tesla stock price (at a rational valuation).
If rationalization comes back, everyone will talk like in Michael Moore’s documentary about GM and Detroit. A manager’s salary after half a career will be around $120k, like in an average bank, and that would be succeeding. I don’t think we even imagine how much of a tsunami we’ve been surfing since 2000.