Teradata CEO Steve McMillan says the decision was driven by a desire to ‘win in the market with AI’

  • Janx@piefed.social
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    1 day ago

    CEOs and companies want to socialize expenses. They decide to invest heavily in an unproven technology like AI, all employees are forced to fund it. But if the company magically made 10%, 100%, 200% revenue increase the next year, are the workers immediately compensated? Almost never. CEOs pride themselves on being the “decision makers”, so they need to bear the risk. In other words, everyone should avoid Teradata like the plague while they continue to be badly run…