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August 22, 2024

Will Artificial intelligence take away all our jobs?

Will Artificial intelligence take away all our jobs?

An optimistic view towards what to come



A recent survey from online education company pluralsight indicates that 74% of IT professionals across the US and UK feel that AI will make their day to day skills obsolete. 


Did this figure shock you? Probably not. Nowadays the second hardest thing to do in the IT world after getting a job is going through a single meeting without someone mentioning the “A word” - Artificial Intelligence, the new buzz word that took the whole world by a whim since the launch of Chat GPT 3. 


I’m not here to talk about the dangers of AI and carry a cardboard sign saying BEWARE AI. I am here to share the positive possible aspect of the rise of AI. 


Warning *Slightly heavy economic concepts incoming so stay with me*


As you all probably know, we live in a consumer based economy. As in the economy flourishes when people buy goods and services. Consequently, If companies create a technology that causes unemployment to skyrocket, no one will have any money to buy the services offered by these companies. In plain words, If Chat GPT took all our jobs, how will we have any money to pay Chat GPT subscription. It’s a lose lose situation.


Amr Awadallah, Stanford Alumnus, AI engineer, CEO of Cloudera and Co-founder of Vectra has a very interesting view on how the future will turn out regarding the job market.


Amr believes that with the surplus generated by AI that will go into the hands of business owners, since using AI services will, without a doubt, be cheaper than hiring, training and paying insurance for employees. The governments will mandate an AI tax to be paid by the enterprise that uses primarily AI to operate in a specific country. 


For the sake of simplicity let us take Saudi Arabia as an example, let’s say a company like PWC wants to penetrate the Saudi market with their brand new, AI empowered, Operation. The Saudi government will require a hefty tax to be paid by PWC that will be used to provide the Saudi citizens with a universal income in order to maintain a healthy and sustainable economy. 


Consequently, all major governments will follow the same approach to maintain their economy in a balanced state. 


So there you have it ! Yes, maybe AI will take your job, but it doesn’t necessarily have to go after your paycheck.




August 18, 2024

Salesforce Acquisitions in Building a Tech Empire

Salesforce has grown into a tech giant not only through innovation but also through strategic acquisitions. These acquisitions have helped Salesforce expand its product offerings and solidify its position as a leader in customer relationship management (CRM). Here’s a look at some of Salesforce’s most significant acquisitions, including dates, amounts, and brief product descriptions.

1. ExactTarget (2013)

  • Date: June 4, 2013
  • Amount: $2.5 billion
  • Product Description: ExactTarget was a leading digital marketing platform specializing in email marketing. This acquisition laid the foundation for Salesforce Marketing Cloud, enabling businesses to engage customers across various digital channels.

2. MuleSoft (2018)

  • Date: March 20, 2018
  • Amount: $6.5 billion
  • Product Description: MuleSoft provides an integration platform that connects applications, data, and devices across on-premises and cloud environments. This acquisition strengthened Salesforce’s integration capabilities, allowing seamless data flow between Salesforce and other systems.

3. Tableau (2019)

  • Date: June 10, 2019
  • Amount: $15.7 billion
  • Product Description: Tableau is a leading data visualization and analytics platform. This acquisition enhanced Salesforce’s ability to provide deep insights and analytics, empowering users to make data-driven decisions with powerful visual tools.

4. ClickSoftware (2019)

  • Date: August 7, 2019
  • Amount: $1.35 billion
  • Product Description: ClickSoftware specializes in field service management solutions. This acquisition bolstered Salesforce’s Field Service Lightning product, offering enhanced tools for scheduling, dispatching, and managing mobile workforces.

5. Slack (2020)

  • Date: December 1, 2020
  • Amount: $27.7 billion
  • Product Description: Slack is a collaboration platform that facilitates team communication and workflows. This acquisition allowed Salesforce to integrate Slack deeply with its CRM, providing a unified platform for collaboration, communication, and customer management.

Conclusion

Salesforce’s strategic acquisitions have been pivotal in expanding its product ecosystem, enabling the company to offer comprehensive solutions that cater to various business needs. From marketing and analytics to integration and collaboration, these acquisitions have helped Salesforce create a robust platform that drives customer success.