Early in the final stage of the Big Debt Cycle, the market action reflects this dynamic via interest rates rising led by long-term rates, the currency declining especially relative to gold, and the central government’s treasury department shortening the maturities of its debt offerings because of a shortage of the demand for long-term debt.
There's always negative sentiment that exists for any business that's getting hyped. They have no incentive to correct it. Um so again it's complicated because I know the training costs are a big part of it. Uh the R&D department is is hugely expensive but long-term inference makes sense as a business and I think it it always will.
the marketing metrics the finance department has faith in and demands from marketing are not those metrics which are most conducive to building brand and customer value over time. They're the metrics which are most conducive to selling tech solutions to the companies.
When a team of 10 AI-enabled super-designers can do the work that used to require a UX department of 100, the need for higher management levels shrivels. I call this the “pancaking” of the design profession.
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