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afavour 6 hours ago

> Workday, Inc. (NASDAQ: WDAY), the enterprise AI platform for managing people, money, and agents, today announced it has entered into a definitive agreement to acquire Pipedream, a leading integration platform for AI agents

Pipedream indeed!

It blows my mind that every company has decided to call itself an “AI platform” but it blows my mind even more that the stock market apparently believes them when they say it. Workday was an HR platform five years ago. It still an HR platform today.

gomoboo 5 hours ago | parent | next [-]

That Workday description reads like the resumes one writes when desperate and the job search has expanded into totally unrelated professions.

johnfn 4 hours ago | parent | next [-]

"managing people, money and agents" yes, that makes total sense, agents are managed exactly the same ways that you manage people or money, I don't see anyth- WHAT AM I READING?!??

darth_avocado 4 hours ago | parent | prev [-]

Ironically Workday is the worst product to use as a job seeker to upload your resume.

Esophagus4 4 hours ago | parent | prev | next [-]

I was gonna try to contradict you by looking up Workday’s multiple and showing that it is valued like an HR company, but holy smokes…

Their multiple is 105 lol

airstrike 4 hours ago | parent [-]

their forward multiple is the only one that matters

nrhrjrjrjtntbt 3 hours ago | parent | next [-]

Well if we are using crystal balls then the future stock price is the only thing that matters.

airstrike 3 hours ago | parent [-]

That's disingenuous and uninformed, sorry. You're trying to refute my claim but kind of just proving my point.

The current price is indeed an indication of what the market believes will happen to the company's performance. It doesn't matter if their estimates will eventually be proven right or wrong. Looking at forward P/E will serve precisely to express what the market's "crystal ball" is saying! That's what we want to know. What do people think this company is worth?

Conversely, the current price and their past earnings are not related, so dividing one by the other is mostly just noise.

Esophagus4 3 hours ago | parent | prev [-]

Ah, well that brings the number back to reality.

flexagoon 4 hours ago | parent | prev | next [-]

As someone with no experience with either of those two services, I read that description and had no idea what Workday does. So I thought, maybe their homepage will explain it better.

> Manage HR, finance, and all your AI agents. All in one place.

> Elevate the potential of your people and boost productivity across your organization with human-AI collaboration.

> Turn AI into ROI faster and deliver transformational outcomes driven by trust, agility, and data readiness you can rely on.

> 11,000+ organizations worldwide trust Workday.

Huh?

Sure, whatever, I'm not even surprised about them trying to cram AI buzzwords into every sentence, I'm used to that by now. But what's the deal with enterprise products having marketing which only makes sense to people who already use the product? Not a single sentence on their homepage explains what their product does.

Ok, let's assume I've heard about Workday and know it's a tool for HR. I want to evaluate it, so, naturally, I click the "HR solutions" link on their homepage, and get to yet another page full of buzzwords that does nothing to help me understand the service they offer.

chanux 5 hours ago | parent | prev | next [-]

I came here to say this. I was chuckling thinking that this is how I should write my LinkedIn intro.

Also, anyone who loves coming across Workday and friends (enemies) when applying for jobs?

fsniper 5 hours ago | parent | prev | next [-]

I suppose all comes down to who runs the leading (or any) investment companies. Money people are not known to be technically literate enough for not being fooled by magic (any sufficiently advanced technology).

They are facinated by llms that they are pouring down money to AI related companies. Can you blame them? Can’t deny, I am also fascinated by llms.

afavour 5 hours ago | parent [-]

> They are facinated by llms that they are pouring down money to AI related companies. Can you blame them? Can’t deny, I am also fascinated by llms.

I don’t think they’re fascinated by LLMs in the way the average Hacker News user is. They are fascinated by the pipedream (intended) of LLMs enabling them to lay off masses of workers and having AI do the work instead. It fascinates them the same way offshoring has fascinated them for years.

fsniper 5 hours ago | parent [-]

> They are fascinated by the pipedream (intended) of LLMs enabling them to lay off masses of workers and having AI do the work instead

I am not fascinated by that part, I am honestly scared for my future.

rustystump 4 hours ago | parent | prev [-]

If their product wasnt an absolute dumpster fire, id give em a pass.