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Locked, stocked, and losing budget: AI vendor lock-in bites
(www.theregister.com)
"We did it, Patrick! We made a technological breakthrough!"
A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.
AI, in this case, refers to LLMs, GPT technology, and anything listed as "AI" meant to increase market valuations.
I work at a Fortune 500 and I'm the point of contact for half a dozen vendors, so I have a lot of visibility into the legal and procurement challenges. I can say with absolute confidence that even our annual renewals with existing vendors don't go through in 4 weeks.
Who are these executives that have absolutely no understanding of their own companies?
... uh, just about all of them, in my experience. 🤷♂️
You’ve just described the vast majority of all C-suites