Comment by sneak
9 hours ago
Microsoft is a publicly traded company. Which investors are causing them to shit up GitHub with AI features nobody wants? In which venues?
9 hours ago
Microsoft is a publicly traded company. Which investors are causing them to shit up GitHub with AI features nobody wants? In which venues?
They need to justify to the markets that their Azure investments were worth it. The whole company is built around Azure. The AI justification is just a storefront for it. Every engineer who worked on it will tell you it's a pack of cards waiting to crash. All the issues with Github, etc. are just side effects. Otherwise, if they write off Azure, their stock price will take a dip as they just admitted to burning cash on a lost cause - which it actually is (my personal opinion).
The imaginary pressure of investors. When you actually ask investors if they care about most of the things CEOs think investors will care about, they don't.
If I'm picking a stock to buy (in the "retail" market, it's primarily based on a balance of EPS, P/E ratio, and a low(er) amount of debt.
My P/E filter filters out the likes of Nvidia, Amazon, etc, whereas my debt filter ensures the smaller cap companies won't be swallowed by their debt like many businesses are.
Who knows if I'm smart or an idiot.
The same thing happens much lower down the ladder: when you ask customers if they care about most of the things managers (or engineers) think customers care about, they don't.
It's their $80B+ investment in building AI infrastructure.
If Microsoft can't meaningfully integrate AI into their own products and make profit off of selling it to end users, why should anyone assume that third parties can? By extension: if nobody can make money off of AI products, what's the point of building $80B in AI infrastructure - did they just set a giant pile of cash on fire?
Microsoft has to ship AI features, or write off its massive investments as essentially worthless. Remove the crappy AI feature from Github, and you pop the bubble.