andyst
Joined 8 years ago
Joined 8 years ago
otherwise using ROIC or CAGR might be more optimal way to evaluate your investments
rising cost bases in legacy fleet costs, engineering costs. a lot of airlines fail near their capital renewal programs as fleet age > 25yrs
pure domestic competition beomes a race to the bottom between full service and low cost carriers removing any premium
agentic ai which is a huge buzz in enterprise feels more like workflow and rpa (again) and people misunderstanding that getting the happy flow working is only 20% of the job.
finally when they had to (successfully) defib him during a race, that shook him into assessing his health not running for the sake of running
There's a mindset with distance runners that I have seen over and over, just sometimes way too much of a generally good thing
In high capital businesses like airlines and supermarkets it seems to play out all over the place these days.
I don't think specifically AI has done this compared to a broader view of constant stream of digitilisation of every departments function.
Orgs don't need grads to learn the ropes from the bottom and make their way up the career ladder, when the ladders might only be 3-4 rungs high now.
there are many systems involved to manage different parts of flight, are built to spec and integrated deeply across all the parties
even if the systems are old in some cases, they deliver the agreed standards, so updates need to be agreed via organisations like ICAO or IATA and rolled out via a predictable timeline through a managed change process
this is all integrated with human processes, such as for the flight deck
The goals of those niche bots were certainly different but in some ways the recent hype doesn't surprise me as much having experienced that period too.
I reflect that the limited internet then drove innovation in offline play that had really stagnanted till recently, I'm looking forward to the first game that really pushes the limit with their NPCs using some of this new tech
Short term drivers like a bad quarter or to be seen "disrupting" as a measure of progress, rather then genuine demonstrations of skills, turf out tenured employees often mid-career.
Or perhaps being in the engine room of many companies, doesn't often give you the lifestyle you want anymore, so the race to the top is the optimal spot to go for. Even if it means going up and falling down a few times on the heirarchy, its worth it.
The value of the nature of not having custodians of certain crafts, like aviation or really at the guts of any industry, seems to me its really going to set us back towards really transactional style of operating businesses that are only financially engineered and not really innovating the product in a way they should.
just random thoughts around how to have a fulfilling career, when most of the effort is in sales & marketing, and not much in operations when the funding pot gets allocated across a business.